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Weekly Address: Energy Security Can Only

Come If We Invest in Cleaner Fuels and

Greater EfficiencyWASHINGTON In his weekly address, President Obama discussed his strategy to reduce ourdependence on foreign oil and secure our nations energy future. When the President waselected, America imported eleven million barrels of oil a day. This week he announced a bold,but achievable goal of cutting this number by one-third by 2025.

To achieve this goal we will increase responsible domestic oil and gas development in the shortterm, while also increasing efficiency and harnessing new technologies including biofuels,natural gas, and advanced batteries. And through the Clean Fleets Partnership, large companies,such as UPS, FedEx, AT&T, Verizon, and PepsiCo, will help boost the market for clean fuels by

switching their fleets over to electric and alternative vehicles.

The audio of the address is and video of the address will be available online atwww.whitehouse.gov at 6:00 a.m. ET, Saturday, April 2, 2011.

Remarks of President Barack Obama

As Prepared for Delivery

Landover, Maryland

April 2, 2011

Hello, everybody. Im speaking to you today from a UPS customer center in Landover,

Maryland, where I came to talk about an issue thats affecting families and businesses just likethis one the rising price of gas, and what we can do as a country to reduce our dependence onforeign oil.

This week, I released a Blueprint for a Secure Energy Future. Its a strategy to reduce the oil weimport from around the world, and to make our economy stronger at home. Part of this strategyinvolves increasing our oil exploration right here in America. In fact, our oil production last yearreached its highest level since 2003, and we want to encourage more safe, responsible drillingwhere we can.

But the truth is, drilling alone is not a real strategy to replace our dependence on foreign oil.And thats because even though America uses 25 percent of the worlds oil, we currently haveonly about 2 percent of the worlds oil reserves. Even if we used every last drop of all the oil wehave, it wouldnt be enough to meet our long-term energy needs. So, real energy security canonly come if we find ways to use less oil if we invest in cleaner fuels and greater efficiency.

Thats what weve been doing since I took office. For example, we secured an agreement fromall the major auto companies to raise the fuel efficiency of their cars and trucks. So if you buy anew car, the better gas mileage is going to save you about $3,000. Altogether, this will save us

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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, weve got toharness new technologies to fuel our vehicles with everything from biofuels to natural gas toadvanced batteries. And the good news is, these technologies arent science fiction anymore.

They exist today. Already, American car companies are producing electric vehicles that use littleor no gas. And innovators across America are testing new products that hold incredible promisenot just for new vehicles, but for countless new jobs.

To help jumpstart this market, the federal government has doubled the number of clean energyvehicles that we have in our fleet. In the next few years, were going to switch the entire fleetover. And Im here at UPS because its not just the government getting in on the action.Companies like UPS, FedEx, AT&T, Verizon, and PepsiCo firms with some of the largestfleets in the country are switching to more efficient vehicles. And through our Clean FleetsPartnership, driven not by government, but by business, more companies are going to beswitching to electric and alternative vehicles, too not out of the goodness of their hearts, but

because its good for their bottom lines.

The goal is simple. When I was elected to this office, America imported 11 million barrels of oila day. Through these and other steps, by a little more than a decade from now, we will have cutthat by one third. And by doing so, were going to make our economy less vulnerable to wildswings in oil prices. Were going to use cleaner sources of energy that dont imperil ourclimate. And were going to spark new products and businesses all over the country by tappingAmericas greatest renewable resource: our ingenuity.

We know how important that is. This week, we learned that the economy added 230,000 privatesector jobs last month. That makes 1.8 million private sector jobs created in the last thirteenmonths. Thats a good sign. But we have to keep up the momentum, and transitioning to a cleanenergy economy will help us do that. It will ensure that the United States of America is home tothe jobs and industries of tomorrow. Thats how well win the future. And thats how wellleave our children an America that is more secure and prosperous than before.

Thanks, and have a great weekend.

[PRESIDENTIAL WEEKLY ADDRESS ASSESSMENT PHACE A.a START OF]

Weekly Address: Energy Security Can Only

[Mid-16th century. Via French < Greekenergeia < ergon "work." < Indo-European]

[Mid-16th century. < Latinsecurus "without care" < cura"care"]

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Come If We Invest in Cleaner Fuels and

Greater Efficiency

come [kum](past came [kaym], past participle come, presentparticiple coming, 3rd person present singularcomes) CORE MEANING: a basic intransitive verbexpressing movement toward a specified place orperson.This verb often expresses the concept of movementcoupled with the arrival at a place where an activitywill take place.y Come and sit by me.y Come to my house tomorrow.1. intransitive verb

occur in mind: to occur as a thought in the mindy An afterthought came to me while I was shaving.

2. intransitive verboriginate: to originate from a place or thingy The meat came from Canadian herds.

3. intransitive verbhappen: to happen or exist at a particular point or timey I never thought this day would come.

4. intransitive verbresult: to be the result or consequence of somethingy comes from eating too much chocolate

5. intransitive verbbe produced: to be produced in a particular size, color, orstyley This model also comes in red.

6. intransitive verbreach place: to reach or extend to a particular point or placey Her hair came down to her waist.

7. intransitive verbreach state: to reach or be brought into a particular state orsituationy It just came apart in my hands.

8. intransitive verbhave orgasm: to reach sexual climax (slang) (sometimesconsidered offensive)

9. prepprior to: by a particular time in the futurey Come July there will be an extra fifty cases to deal with.

10. nounoffensive term: an offensive term for a man's semen (slang)

[12th century. Via Anglo-Norfuaille, Old French fouaille