President Obama called Wednesday for a one-third cut in oil imports, to be achieved by increased domestic production, alternative energies, and higher fuel efficiency.
Carolyn Kaster / AP
Mr. Obama, speaking at Georgetown University, set out a multi-pronged approach to reaching that goal: finding and producing more oil in the United States, boosting fuel efficiency, and turning to cleaner alternative fuels. And while he is not as open to domestic oil drilling as some Republicans would like, he did try to reposition himself as a drilling-friendly president, even as he pushed for more electric cars, more use of natural gas and biofuels, and higher fuel efficiency standards.
The president stressed that nuclear energy will remain an important source of electricity in the US, even as Japan grapples with a crisis at a nuclear reactor complex.
He also called for an end to the nation’s decades-long pattern of “shock and trance” over energy – shock when oil prices spike, followed by trance when prices go down.