Obama on the why America cannot have any of its oil

Rezident Obama called Wednesday for the United States to reduce its oil imports by one-third over the next decade, pledging to expedite domestic drilling permits and boost energy-efficiency, while rejecting as political posturing claims that his administration has locked down U.S. oil wells. 

Facing pressure to curb rising gas prices, Obama outlined what he called an energy security “blueprint” during a speech at Georgetown University. “In an economy that relies so heavily on oil, rising prices at the pump affect everybody,” Obama said. 

But he said the United States needs a long-term plan, regardless of whether gas prices are up or down. He touted oil alternatives like natural gas and biofuels, while stressing the importance of creating more fuel-efficient vehicles. He suggested young people have a “responsibility” to buy fuel-efficient cars, to ensure that market is viable for manufacturers. 

“There are no quick fixes. And we will keep on being a victim to shifts in the oil market until we finally get serious about a long-term policy for a secure, affordable energy future,” Obama said. “We cannot keep going from shock when gas prices go up to trance when they go back down.” 

Obama said he wants America to cut its oil imports by a third from the 11 million barrels a day the country was importing when he was elected. […]

Obama the Liar babbles some more…

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