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2012 Democratic Presidential Nominee
Current President of the United States

Barack Obama

Presidential Candidate Barack Obama


Obama position on Energy

President Obama believes that there are no ‘quick fixes’ to our energy problem, and advocates an ‘all-of-the-above strategy’ involving all available sources of energy. He also points out that current American oil production is the highest it has been in the last eight years and the national foreign energy dependence has dropped below 50% for the first time in more than a decade.
“You know there are no quick fixes to this problem, and you know we can’t just drill our way to lower gas prices. If we’re going to take control of our energy future and avoid these gas price spikes down the line, then we need a sustained, all-of-the-above strategy that develops every available source of American energy – oil, gas, wind, solar, nuclear, biofuels, and more. We need to keep developing the technology that allows us to use less oil in our cars and trucks; in our buildings and plants. That’s the strategy we’re pursuing, and that’s the only real solution to this challenge.

Now, we absolutely need safe, responsible oil production here in America. That’s why under my Administration, America is producing more oil today than at any time in the last eight years. In 2010, our dependence on foreign oil was under 50% for the first time in more than a decade. And while there are no short-term silver bullets when it comes to gas prices, I’ve directed my administration to look for every single area where we can make an impact and help consumers in the months ahead, from permitting to delivery bottlenecks to what’s going on in the oil markets. But over the long term, an all-of-the-above energy strategy means we have to do more. It means we have to make some choices.”
February 25, 2012: Weekly Address - An All-Of-The-Above Approach to American Energy

Obama also believes that oil companies are receiving unnecessary subsidies from the American taxpayers even as they continue to reap huge profits. He believes those funds should instead be directed towards the development of alternative energy sources.
Here’s one example. Right now, four billion of your tax dollars subsidize the oil industry every year. Four billion dollars. Imagine that. Maybe some of you are listening to this in your car right now, pulling into a gas station to fill up. As you watch those numbers rise, know that oil company profits have never been higher. Yet somehow, Congress is still giving those same companies another four billion dollars of your money. That’s outrageous. It’s inexcusable. And it has to stop.

A century of subsidies to the oil companies is long enough. It’s time to end taxpayer giveaways to an industry that’s never been more profitable, and use that money to reduce our deficit and double-down on a clean energy industry that’s never been more promising. Because of the investments we’ve already made, the use of wind and solar energy in this country has nearly doubled – and thousands of Americans have jobs because of it. And because we put in place the toughest fuel economy standards in history, our cars will average nearly 55 miles per gallon by the middle of the next decade – something that, over time, will save the typical family more than $8,000 at the pump. Now Congress needs to keep that momentum going by renewing the clean energy tax credits that will lead to more jobs and less dependence on foreign oil.

Look, we know there’s no silver bullet that will bring down gas prices or reduce our dependence on foreign oil overnight. But what we can do is get our priorities straight, and make a sustained, serious effort to tackle this problem. That’s the commitment we need right now. And with your help, it’s a commitment we can make. Thank you.
February 25, 2012: Weekly Address - An All-Of-The-Above Approach to American Energy

“I have directed my administration to look for every single area where we can make an impact and help consumers in the months ahead, from permitting to delivery bottlenecks to what’s going on in the oil markets. We’re going to look at every single aspect of gas prices, because we know the burden that it’s putting on consumers. And we will keep taking as many steps as we can in the coming weeks…

… We’re launching a program that will bring together the nation’s best scientists and engineers and entrepreneurs to figure out how more cars can be powered by natural gas, a fuel that’s cleaner and cheaper and more abundant than oil. We’ve got more of that. We don’t have to import it. We may be exporting it soon.

We’re making new investments in the development of gasoline and diesel and jet fuel that’s actually made from a plant-like substance—algae. You’ve got a bunch of algae out here, right? If we can figure out how to make energy out of that, we’ll be doing all right.

Believe it or not, we could replace up to 17 percent of the oil we import for transportation with this fuel that we can grow right here in the United States. And that means greater energy security. That means lower costs. It means more jobs. It means a stronger economy.”
February 23, 2012: Obama speaking to students during a visit to the University of Miami



Graphic: Obama’s New Fuel Economy Standard

Fuel Economy Standards infographic, small

July 29, 2011: President Obama announcing the next phase in his Administration’s program to increase fuel efficiency and reduce greenhouse gas pollution for all new cars and trucks sold in the country. These new standards will cover cars and light trucks for Model Years 2017-2025


Introduction to the 2016 Democratic Presidential Candidates
Mitt Romney on Energy
All Presidential Candidates on Energy
Compare Romney and Obama on Energy





Comment on Barack Obama's position on Energy

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