Obama Aims to Reduce Nation's Dependence On Foreign Oil

Summary


WASHINGTON - President Barack Obama on Wednesday called for a one- third reduction in U.S. oil imports by 2025, reviving a long- elusive goal of reducing America's dependence on foreign supplies as political unrest rocks the Middle East and gasoline prices rise at home.

Tackling an issue that has vexed nearly every U.S. president since Richard Nixon, Obama said the country can't solve the problem with quick fixes and political gimmicks. But he offered little in the way of new initiatives, relying instead on a litany of energy proposals he's already called for, including boosting domestic oil production, increasing the use of biofuels and natural gas and making vehicles more energy efficient.

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Obama Aims to Reduce Nation's Dependence On Foreign Oil

Obama also embraced nuclear power as a critical part of America's energy future, despite increased safety concerns following the earthquake and tsunami in Japan that severely damaged a nuclear power plant there. He vowed a thorough safety review of all ...

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