08/24/2012 11:54 am ET Updated Dec 06, 2017

52 Reasons to Vote for Obama, #14: Making the United States a Leader in Energy Production

Whether you're PRObama, NObama, or still undecided, 52 Reasons to Vote for Obama gives you all the information you need to share with friends, debate with relatives and decide for yourself as we head toward one of the most important elections of our lifetime. I'll post a new reason in random order every Monday through Friday from now 'til the election.

Despite what you may hear from the right, the Obama administration's record on energy is extraordinary. United States oil production is at an eight-year high, natural gas production is at an all-time high, and renewable energy production is up 27 percent.

Here are the facts:
  • The United States now has more oil rigs (1,994) than any other country in the world, by far.
  • In 2011, less than half the petroleum consumed by the United States (45 percent) was imported from foreign countries, the lowest level since 1995.
  • By the end of 2013, the United States is expected to surpass Saudi Arabia and Russia in oil and gas production.
  • Natural gas production has regained its edge under Obama, leading to all-time highs, and this growth is projected to create more than 500,000 jobs by the end of this decade.
  • Since 2009, President Obama has approved twenty nine onshore renewable energy projects, including sixteen solar, five wind, and eight geothermal projects.
  • By the end of this year, the administration will issue permits for enough renewable power from our public lands and our offshore waters to power three million additional homes.
  • Obama authorized the first nuclear reactors to be built in the United States in three decades, creating thousands of jobs and cutting carbon pollution by sixteen million tons each year compared to a similar coal plan, the equivalent of taking 3.5 million cars off the road.

2012-08-23-energy.jpgSince President Obama took office, America's dependence on foreign oil has decreased every year. In 2010, the United States imported less than half of all the oil it consumed -- a first in thirteen years. In fact, net imports as a share of total consumption declined from 57 percent in 2008 to 45 percent in 2011 -- the lowest level in sixteen years. In the last year alone, we have cut net oil imports by 10 percent -- a million barrels per day. Domestic oil and natural gas production have increased every year President Obama has been in office.

Thanks to the largest investment in clean energy in American history, the United States has nearly doubled renewable energy generation from wind, solar and geothermal sources since 2008. Last year, the United States regained its title as the world's leading investor in clean energy technologies, beating countries such as China, India, and Germany.

In addition, President Obama has repeatedly called on Congress to eliminate the unnecessary and wasteful tax breaks for the oil and gas industry, which would save American taxpayers $4 billion per year.

Smart leadership... Forward-thinking strategies...Integrated innovation.

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