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Wednesday, January 24, 2007

Info Post
In the State of Union Address, President Bush asked Congress and America's scientists, farmers, industry leaders, and entrepreneurs to join in pursuing the "Goal Of Reducing U.S. Gasoline Usage By 20 % In The Next 10 Years – 20 In 10." For too long, our Nation has been dependent on oil. America's dependence leaves us more vulnerable to hostile regimes, and to terrorists – who could cause huge disruptions of oil shipments, raise the price of oil, and do great harm to our economy.

To achieve the 20 in 10 Goal, America is called to:
- Increase the supply of renewable and alternative fuels by setting a mandatory fuels standard to require 35 billion gallons of renewable and alternative fuels. In 2017,
this will displace 15 % of projected annual gasoline use.
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Reform and modernize Corporate Average Fuel Economy (CAFE) Standards for cars and extending the current light truck rule. In 2017, this will reduce projected annual gasoline use by up to 8.5 billion gallons, a further 5 % reduction that, in combination with increasing the supply of renewable and alternative fuels, will bring the total reduction in projected annual gasoline use to 20%.

The President's plan also included:
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Stepping up domestic oil production in environmentally sensitive ways.
- Doubling the current capacity of the Strategic Petroleum Reserve (SPR) to 1.5 billion barrels by 2027.
- Reducing gasoline consumption through the growth of alternative fuel sources and through increasing vehicle efficiency Read More


Tags: energy conservation, energy security, gasoline, oil, George Bush, State of Union, SOTU, 2007

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