That is something that we can achieve. (Applause.) We can cut our oil dependence -- we can cut our oil dependence by a third.
And to suggest to Americans that there is some other way, that you can wave a magic wand and cut oil prices and cut gas prices, is simply not treating the American people with the kind of respect they deserve -- because they know better.
Both, for example, are keen to encourage the use of biofuels and batteries to reduce America's reliance on imported oil and cut greenhouse-gas emissions.
The Senate is considering clean-energy and climate legislation that would put Americans back to work, reduce our reliance on foreign oil and cut carbon emissions.
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Oil companies cut back on drilling last year after prices fell, and they've been slow to increase budgets even as oil prices more than doubled.
Incidentally, Wendy's rival McDonald's had pledged four years ago that it would switch to a type of oil that cut the level of trans fats in its fries by half.
Corn ethanol has long been ridiculed as a vote-getting farmer-subsidy program that does little or nothing to help the nation reduce its dependence on foreign oil or cut its greenhouse gas emissions.
Incidentally, Wendy's rival McDonald's (nyse: MCD - news - people ) had pledged four years ago that it would switch to a type of oil that cut the level of trans fats in its fries by half.
This turned into a crisis last January when Belarus started to siphon the oil off the pipes and Gazprom then cut the oil from pumping.
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On Wednesday, Obama rolled out a plan to cut oil imports by a third by 2025.
LONDON, England (CNN) -- OPEC's deliberations to cut oil output in March could depress fragile world economies, commentators said.
Investments in clean energy technologies that are helping us reduce our dependence on foreign oil would be cut by nearly a fifth.
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Iraq called for Arab oil exporters to cut off supplies in protest.
Rodriguez said that "in the worst case scenario" OPEC may cut oil production by up to a million barrels per day in March.
Perhaps the most worrying consequence of the past two years is that declining revenues have forced oil companies to cut their exploration budgets.
In the last year alone, we cut oil imports by 1 million barrels a day -- more than any administration in recent history.
The U.S. could cut oil imports by nearly 15% tomorrow without using less gasoline, invading a foreign country or driving up prices at the pump.
He believes that conservation of natural resources coupled with alternative energy, such as nuclear, wind, solar, hydrogen, clean coal, biodiesel and biomass, will further help cut oil imports.
However, environmentalists argue that the plan is feeble, does not close the loophole that allows these vehicles to consume more petrol than cars and would not cut oil imports.
France's energy giant Total has stopped buying Iranian crude and Royal Dutch Shell, one of the biggest purchasers of Iranian oil, has cut back sharply, market sources told Reuters.
In response to the verdict, Saddam threatened to cut oil supplies to Brazil, something the country could not afford, since nearly 35% of its oil imports were coming from Iraq.
The new standards will save American businesses who operate and own these commercial vehicles tens of billions of dollars in fuel costs and will dramatically reduce oil consumption and cut pollution.
BP, which had been leasing the rig from Transocean, says the safety device that was supposed to cut oil flow on the ocean floor in the event of a well blowout did not perform its function.
This program, which builds on the historic agreement achieved by this administration for model years 2012 to 2016, will result in significant cost savings for consumers at the pump, dramatically reduce oil consumption, cut pollution, and create jobs.
Transocean ( RIG - news - people ), says the safety device that was supposed to cut oil flow on the ocean floor in the event of a well blowout did not perform its function.
It blocked an amendment that would have required the president to find ways to cut oil use by one million barrels a day by 2015 - on the grounds that it might have required imposing better fuel economy on our carmakers.
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It is rumoured that these were planning to cut oil supplies to the capital, Bogota, in the run-up to the two rounds of the presidential election in late May and in June, and that the paramilitary attack in May was intended to stop this.
"I think it's important for the United States to be less at the mercy of foreign countries and their decision-making and politics, and more under our own control to address these problems, " Abraham said, two days after the Organization of Petroleum Exporting Countries agreed to cut oil output by a million barrels a day.
And the fact of the matter is, is that we've already cut oil imports since I came into office and we can keep on going further by transforming our auto fleets and have folks driving electric cars, and develop those cars right here in the United States and put those folks back to work.
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It convinced oil markets that quotas would be cut and briefly caused the oil price to rally.
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