President Obama Supports Push toward Natural Gas February 2012
The State of the Union address suggested that the foundation of this new clean industry is natural gas. Credit: NRELDuring hisState of the Unionaddress to Congress,President Barack Obamadiscussed the future of the nation’s energy and focused on natural gas. The president stressed that it is important for the U.S. to move away from foreign oil and toward energy that is cleaner and less expensive and creates new jobs.“We’ve subsidized oil companies for a century. That’s long enough,” Obama said. “It’s time to end the taxpayer giveaways to an industry that rarely has been more profitable and double-down on a clean energy industry that never has been more promising.”“The development of natural gas will create jobs and power trucks and factories that are cleaner and cheaper, proving that we don’t have to choose between our environment and our economy,” added Obama, who expressed his concern for the environment during the speech. “I’m requiring all companies that drill for gas on public lands to disclose the chemicals they use. America will develop this resource without putting the health and safety of our citizens at risk.”Speaking days later at the UPS Depot in Las Vegas, Nev., Obama proposed several federal initiatives favoring the use of natural gas for transportation.Initiatives included getting more natural gas vehicle fleets on the road, helping local governments upgrade their fleets, offering new tax incentives to help companies buy more clean trucks, working with the private sector to help develop natural gas fueling stations between large cities and launching a competition to encourage breakthroughs for natural gas vehicles.