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Thursday
Feb232012

Obama Heads to Miami to Talk Up Energy Policy

MANDEL NGAN/AFP/Getty Images(MIAMI) -- President Obama will head to Florida on Thursday where he will tout what he sees as the successes of his energy policy.

Speaking at the University of Miami, the president, "will highlight his administration’s strong record of developing new domestic energy sources, expanding oil and gas production, and reducing our reliance on foreign oil," according to a White House official.

The official notes that although domestic oil and gas production has risen to its highest level since 2003, Obama will make clear that more is needed than just increased drilling.

"[The solution] requires an all of the above approach that leverages technologies and American ingenuity to protect Americans from the ups and downs of global oil prices," the official says.

The official adds: "That’s why this president worked with automakers to establish historic fuel efficiency standards that will nearly double the mileage of the vehicles we drive and save American families $1.7 trillion at the pump, and its why the president continues to urge the repeal of $4 billion in annual subsides to oil and gas companies, while continuing to invest in homegrown alternative fuels and other advanced technologies that will help reduce our reliance on foreign oil.”

Obama has been forced on the defensive on the issue, as gas prices rise nationwide, and in light of his decision to decline development of the Keystone oil pipeline, which supporters say would have employed thousands of U.S. workers, and tremedously boost the amount of domestic oil.

Copyright 2012 ABC News Radio







ABC News Radio