Obama Announces Steps to Speed US Oil Production

by UNCENSORED NEWS | May 14, 2011 at 10:18 am
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Obama Announces Steps to Speed US Oil Production

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Obama Announces Steps to Speed US Oil Production
President Obama recently discussed America's strong job growth of more than 3 million private sector jobs in just the last three months in his steps to create a more beneficial energy plan. He has launched a task force to stop any illegal activity from traders at the pump to decrease the chances that Americans will be ripped off by current gasoline stations. He has directed the Department of Interior to enforce better watchdog systems to keep consumers safer and to ensure that our future in U.S. oil production will tighten the markets and help to lower costs. His plan to focus on unused American Oil leases and renewable clean energy resources has interested potential voters and heightened trust in his intentions for the future of American economic stability.
President Obama recently spoke to the public by video in regards to the problem he feels currently exist in foreign oil subsidy payments. Bonuses to these oil companies pull taxpayer money into funds which help oil companies continue huge profits, at a time when Americans are suffering economically.
Reiterating his government’s plan to improve US economy and green energy concepts, US president Barack Obama said new domestic technologies must be used for developing clean energy products. Speaking to workers at an Indianapolis factory, he said the best way to improve the US economy and reduce high gasoline prices is to invest in American manufacturing of clean energy products.
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