[Congressional Record Volume 158, Number 37 (Wednesday, March 7, 2012)]
[House]
[Page H1222]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   COMMENDING PRESIDENT BARACK OBAMA'S COMMITMENT TO AMERICAN ENERGY

  (Mr. FALEOMAVAEGA asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. FALEOMAVAEGA. Mr. Speaker, President Obama recently announced $30 
million in new funding as part of his energy research strategy to 
reduce our reliance on foreign oil and to provide Americans with new 
choices for vehicles that do not rely on gasoline. This crucial 
investment in advanced energy research will promote American innovation 
to diversify our Nation's energy resources and create new jobs.
  Under President Obama's leadership, America is now producing more oil 
than at any time in the last 8 years, and our dependence on foreign oil 
is at a 16-year low. Over the last 3 years, the Obama administration 
has approved dozens of new pipelines and has opened millions of acres 
for oil and gas exploration. The Obama administration has also 
implemented the toughest fuel economy standards in history, which will 
cut oil consumption by 12 billion barrels and save American families 
$1.7 trillion over the next 10 years.
  Mr. Speaker, I commend President Obama for taking these important 
steps to promote and to enhance our Nation's energy needs.

                          ____________________