Across the country, American families and businesses are feeling the impact of higher gasoline prices. We understand the extra burden that increasing energy prices put on family budgets across the country, and the administration is closely monitoring the situation and weighing various options that we have.
One area where we have focused our efforts since the start of the administration – long before this current spike – is increasing responsible domestic energy production – including oil and gas. In fact, oil production last year rose to its highest level since 2003. From 2008 to 2010, oil production from the Outer Continental Shelf increased more than a third – from 446 million barrels in 2008 to an more than 600 million barrels of estimated production in 2010.
Source: EIA
Onshore, responsible oil production from public lands has also increased over the last year, from 109 million barrels in 2009 to 114 million barrels in 2010.
Fonte: White House