Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases
Green Car Congress
MARCH 30, 2011
This includes almost 24 million inactive leased acres in the Gulf of Mexico, which potentially could hold more than 11 billion barrels of oil and 50 trillion cubic feet of natural gas. We’re also exploring and assessing new frontiers for oil and gas development from Alaska to the Mid- and South Atlantic. —President Obama.
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