Hi, everybody. As a nation, our top priority is growing our economy and creating good middle class jobs. That’s why this week I’m speaking to you from the Argonne National Laboratory in Illinois, because few areas hold as much promise as what they’re focused on right here — harnessing American energy.
You see, after years of talking about it, we’re finally poised to take control of our energy future. We produce more oil than we have in 15 years. We import less oil than we have in 20 years. We’ve doubled the amount of renewable energy we generate from sources like wind and solar — with tens of thousands of good jobs to show for it.
We’re producing more natural gas than ever before — with hundreds of thousands of good jobs to show for it. We’ve supported the first new nuclear power plant since the 1970s. And we’re sending less carbon pollution into the environment than we have in nearly 20 years.
So we’re making real progress. But over the past few weeks, we got a reminder that we need to do more. We went through another spike in gas prices, just like last year, and the year before that. It happens every year. It’s a serious blow to your budget — like getting hit with a new tax coming right out of your pocket.
Over the past four years, as part of our all-of-the-above energy strategy, we’ve taken steps to soften that blow by making sure our cars use less gas. We’ve put in place the toughest fuel economy standards in our history so that by the middle of the next decade, our cars will go twice as far on a gallon of gas. Over the life of a new car, the average family will save more than $8,000 at the pump.
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