Any American who has filled up recently knows that prices at the pump, driven by increased world oil prices, are too high. The President understands the impact this has on families and businesses. He also knows there’s no silver bullet to bring down the price at the pump. That is why he continues to invest in a sustained, all-of-the-above approach to American energy, increasing the efficiency of the vehicles we drive, investing in advanced technologies and alternative fuels, and expanding responsible domestic oil and gas production.
When it comes to domestic production, the President has made clear he wants us to continue to produce more oil and natural gas. This alone isn’t a solution to high gas prices, but it will help reduce our reliance on foreign oil and our vulnerability to the ups and downs of the international market. On that front, the numbers speak for themselves; every year the President has been in office, domestic oil and gas production is up, foreign imports of oil are down, and currently we are producing more oil than any time in eight years. In fact, imports of foreign oil decreased by a million barrels a day in the last year alone.
Despite these encouraging trends, there are some who seem to want to paint a bleak picture of the state of American energy. So let’s take a look at the facts.
Fonte: White House