article thumbnail

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

Obama was delivering a speech on energy policy at Georgetown University. Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency.

Obama 268
article thumbnail

Marathon Announces First Oil from Deepwater Droshky Development in Gulf of Mexico

Green Car Congress

Marathon Oil Corporation announced that its Droshky development in the deepwater Gulf of Mexico has begun production on time and under budget. This marks the first new deepwater production since the Obama Administration halted drilling after the Deepwater Horizon accident.

Mexico 307
article thumbnail

Obama Administration announces 21M-acre oil and gas lease sale offshore Texas

Green Car Congress

The US Department of the Interior will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. Lease Sale 233 will include 3,953 blocks, covering about 21.1

Oil 240
article thumbnail

Obama Administration outlines strategy for reduction of methane emissions

Green Car Congress

The Obama Administration has outlined its Strategy to Reduce Methane Emissions. The strategy builds on progress to date and takes steps to further cut methane emissions from landfills, coal mining, and agriculture, and oil and gas systems.

Obama 246
article thumbnail

Salazar: Obama Administration Keeping Oil Shale Development an Option

Green Car Congress

The Obama Administration will push an energy plan that potentially includes production of oil shale, Interior Secretary Ken Salazar told a group of Western governors assembled in Washington at the National Governor’s Association meeting. The Salt Lake Tribune. Let’s put everything on the table.”. Colorado Gov.

Obama 150
article thumbnail

Obama Administration releases progress report on its energy efforts

Green Car Congress

The Obama Administration released a progress report highlighting its achievements in meeting the “all-of-the-above” energy plan outlined in the Blueprint for a Secure Energy Future released last year. As the report highlights, we have made progress, with imports of foreign oil decreasing by a million barrels a day in the last year alone.

Obama 210
article thumbnail

Obama Administration Opens Up Oil and Gas Development and Exploration in Gulf of Mexico, Atlantic and Arctic

Green Car Congress

The Obama Administration will expand oil and gas development and exploration on the US Outer Continental Shelf, while protecting fisheries, tourism, and places off US coasts that it says are not appropriate for development. To fail to recognize this reality would be a mistake. Secretary Salazar. Secretary Salazar.

Obama 170