A year ago, President Obama outlined his all-of-the-above energy plan to reduce the need for foreign oil and make the U.S. a world leader in clean energy. Here’s a quick look at some of what has been accomplished:
Domestic oil and natural gas production have increased every year under the Obama administration. The country’s reliance on foreign oil hit a 16-year low in 2011.
The President put in place the first-ever fuel economy standards for heavy-duty trucks and proposed the strictest fuel economy standards for passenger vehicles in U.S. history. Over time, these new standards will save American drivers more than $8,000 per vehicle and reduce the country’s oil consumption by more than 2 million barrels a day.
The administration has upgraded the energy efficiency of more than one million homes across the country, which will save many families over $400 on heating and cooling bills in the first year alone.
President Obama has achieved his goal of breaking ground on at least four commercial scale alternative fuel refineries—a year ahead of schedule. These projects will produce a total of nearly 100 million gallons of advanced biofuels a year.
While we’ve made progress, there’s more to do—and the President is committed to pursuing a comprehensive energy plan.