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Wednesday, February 21, 2024

Obama touts ‘all-of-the-above’ energy strategy

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Daily Press Staff Writer
Promptly at 6:15 p.m. Wednesday, President Barack Obama took to the podium at the ConocoPhillips Operations site in Maljamar to address a crowd of a few hundred people.
“I’m here to talk about what we’re calling an all-of-the-above energy strategy,” Obama said. “A strategy that relies on producing more oil and gas here in America but also producing more biofuels in America, more fuel efficient cars in America, more wind power in America and more solar power in America.” … For the rest of the story, subscribe in print and on the web.
Standing in the middle of a vast oil field, the president illustrated what his administration has done to show their support for the oil industry, including “opening up” millions of acres in 23 states for oil and gas excavation onshore and 75 percent of America’s potential oil resources offshore, including an area in the Gulf of Mexico which is projected to produce more than 400 million barrels of oil.
“Under my administration, America is producing more oil today than in any time in the last eight years. That is a fact,” Obama said. “And we’ve quadrupled the number of operating oil rigs to a record high … Business is so good that today the biggest problem is finding enough qualified truck drivers to move all the oil that is coming out of these wells down to the refinery. Too much oil: That’s a good problem to have.”

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