President Obama’s Speech on October 2, 2014: The New Foundation

In President Obama’s speech given at Northwestern University in early October he speaks on the economic and energy security benefits of American oil and natural gas production. Below is an excerpt from President Obama’s speech:

“We upped our investments in American energy to reduce our dependence on foreign oil and strengthen our own energy security. Today, the number one oil and gas producer in the world is no longer Russia or Saudi Arabia; it’s America. For the first time in nearly two decades, we now produce more oil than we buy from other countries. We’re doing it so fast that two years ago, I set a goal to cut our oil imports in half by 2020 – and we will meet that goal this year.”

Visit myFOXchicago.com to read the full transcript of President Obama’s speech at Northwestern University.

Watch President Obama’s full speech in the video below.

Advertisements

One thought on “President Obama’s Speech on October 2, 2014: The New Foundation

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s