Since President Obama took office, oil imports have dropped by an average of 1.1 million barrels per day

Since President Obama took office, oil imports have dropped by an average of 1.1 million barrels per day.

  • In 2010 domestic crude oil production reached its highest level since 2003.

  • In 2010 natural gas production reached its highest level in more than 30 years.

  • The U.S. has become a net exporter of fuels for the first time since 1949.

  • The Obama administration has proposed a five-year offshore leasing plan that makes more than 75 percent of undiscovered oil and gas resources off our shores available for development, while putting in place common-sense safety requirements to prevent a disaster like the oil spill in the Gulf of Mexico from happening again.

Building A Clean Energy Economy

President Obama more than tripled the government’s investment in clean energy sectors such as the smart power grid, energy efficiency, electric cars, and renewable power. These investments are responsible for saving or creating 224,500 jobs as of the end of 2010.

  • Electricity generation from wind and solar increased nearly 71 and 40.3 percent between 2008 and 2010, respectively.

  • The Obama administration issued a conditional loan guarantee for the construction of the first nuclear power plant to be built in the United States in decades. Once constructed, it will provide enough clean energy for 1.4 million people.

  • The administration funded the weatherization of more than 600,000 homes, saving low-income families an average of $400 in heating and cooling costs in the first year alone.

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