President Barack Obama wasted little time explaining his “all-of-the-above” energy policy, which he said will keep America powered with a variety of energy sources, including fossil and bio fuels, wind and solar.
“We want every source of American-made energy,” the president said.
Obama has drawn opposition for his decision to not approve a submitted plan for TransCanada to cross into the United States from Canada with a 36-inch pipeline to move crude across America.
But he reiterated his support for the southern leg of that pipeline project — from Cushing to refineries near the Gulf of Mexico. He pledged that his administration would
”cut through the red tape, break through the bureaucratic hurdles and make this project a priority to go ahead and get it done,” Obama said to cheers.
The president said he wasn’t ready to offer the same support to the northern leg, at this point. But he hadn’t ruled it out, and instead simply wanted more time to review a route that would address concerns of Nebraska’s governor and not threaten groundwater.
Protesters assembling for Obama’s visit lobbied both sides of the issue. While one group pushed for the Keystone XL’s northern leg to move forward, another opposed the pipeline, saying it threatened Native American sacred sites and the environment.
The president said just drilling more gas and oil will not automatically bring lower fuel prices. He said the country is “drilling more, we are producing more, but the fact is producing more oil at home isn’t enough by itself to bring gas prices down.”
Obama said the U.S. uses 20 percent of the world’s oil, yet produces only 2 percent of it.
Details for this story were provided by the Stillwater (Okla.) NewsPress.