Tuesday, March 6, 2012

President Obama Speaks On American Energy

Barack Obama's latest national speech put aside the economy and troubles in Iran to discuss American energy. Finally, a topic we can all agree on! Or can we? Obama cleverly opened up by taking a shot at the Republicans protests to dill baby drill. His retaliation- there's no quick fix and only steps towards renewable energy will solve this problem.

Since Obama took office, America's dependence on foreign oil has gone down every year. It's dropped from 60% to 45%. Obama is one hundred percent correct when he states we need a strategy combining both oil and pursuit of new energy. Republicans need to stop calling for more drilling all the time because that will not lower gas prices! It's not about the American supply of oil because oil is sold on a global market, therefore, prices are affected by world instability. It's not as simple as supply and demand within our country. And Republicans often ignore that under Barack we have more oil rigs than the rest of the world combined and more oil production in our history.

The president once again threw out the stat every American cringes at; we only produce 2% of the world's oil but use 20%. Barack's approach on American energy is one all parties should adopt. It's a realistic one that also looks out for our future. His conclusion to his speech hammers in the best viewpoint of all- he refuses to see the battery, natural gas or any clean energy industry go to China because we refuse to commit to it. Well said Mr. Obama, well said.

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