• 25% the percentage of global oil production that’s consumed by the U.S.
• 2% the percentage of global oil reserves under the control of the U.S.
• 1/3rd the reduction in fuel imports Obama wants for the next decade source

• » So, how do we get there? The nitty-gritty policy proposals President Obama spoke on seemed hauntingly familiar, with emissions standards, electric car production, (safety reviewed) nuclear power and natural gas all figuring into his pitch. These are all worthwhile possible answers or supplements to reduce foreign fuel imports, but will Congress has the desire, or failing that the collective will, to act on issues they’ve to this point been pretty willing to pass on? Especially with a Republican-led House, whose leadership is demonstrably opposed to emissions standards, it’s a worrisome possibility that this effort, like so many over the last thirty years, will fall by the wayside.

Posted by Chris Tognotti • Permalink