Barack Obama

“ Companies like UPS, FedEx, AT&T, Verizon, and PepsiCo – firms with some of the largest fleets in the country – are switching to more efficient vehicles. And through our Clean Fleets Partnership, driven not by government, but by business, more companies are going to be switching to electric and alternative vehicles, too – not out of the goodness of their hearts, but because it’s good for their bottom lines. ”

“ It’s a strategy to reduce the oil we import from around the world, and to make our economy stronger at home. Part of this strategy involves increasing our oil exploration right here in America. In fact, our oil production last year reached its highest level since 2003, and we want to encourage more safe, responsible drilling where we can. ”

“ Already, American car companies are producing electric vehicles that use little or no gas. And innovators across America are testing new products that hold incredible promise not just for new vehicles, but for countless new jobs. ”

“ Altogether, this will save us about 1.8 billion barrels of oil as a country.
We need to build on this progress. As we make our cars and trucks more efficient, we’ve got to harness new technologies to fuel our vehicles with everything from biofuels to natural gas to advanced batteries. And the good news is, these technologies aren’t science fiction anymore. They exist today. ”

“ We know how important that is. This week, we learned that the economy added 230,000 private sector jobs last month. That makes 1.8-million private sector jobs created in the last thirteen months. That’s a good sign. ”

“ For example, we secured an agreement from all the major auto companies to raise the fuel efficiency of their cars and trucks. So if you buy a new car, the better gas mileage is going to save you about $3,000. ”