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es on Americanmade energy, as well as increasing the fuel efficiency of the cars we drive, saving families money and dramatically reducing our reliance on foreign President also called on Congress to end the $4 billion in subsidies to oil panies each year so that we can invest in clean energy is no silver bullet to solve high gas prices, but together we can work to overe our energy challenges as we create new American of President Barack ObamaWeekly Address The White House Saturday, March 10, 2012 Hi, ’m speaking to you this week from a factory in Petersburg, Virginia, where they’re bringing on more than 100 new workers to build parts for the next generation of jet ’s a story that’s happening more frequently across the businesses just added 233,000 jobs last month – for a total of nearly four million new jobs over the last two panies are choosing to bring jobs back and invest in is adding jobs for the first time since the 1990s, and we’re building more things to sell to the rest of the world stamped with three proud words: Made in it’s not just that we’re building ’re building better engine parts manufactured here in Petersburg will go into nextgeneration planes that are lighter, faster, and more last part is whether you’re paying for a plane ticket, or filling up your gas tank, technology that helps us get more miles to the gallon is one of the easiest ways to save money and reduce our dependence on foreign recent spike in gas prices has been another painful reminder of why we have to invest in this usual, politicians have been rolling out their threepoint plans for twodollar gas: drill, drill, and drill some , my response is, we have been my Administration, oil production in America is at an eightyear ’ve quadrupled the number of operating oil rigs, and opened up millions of acres for you and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when consume 20 percent of the world’s need an alloftheabove strategy that relies less on foreign oil and more on Americanmade energy – solar, wind, natural gas, biofuels, and ’s the strategy we’re ’s why I went to a plant in North Carolina earlier this week, where they’re making trucks that run on natural gas, and hybrid trucks that go further on a single it’s why I’ve been focused on fuel efficient cars since the day I took the last few years, the annual number of miles driven by Americans has stayed roughly the same, but the total amount of gas we use has been going other words, we’re getting more bang for our we accelerate that trend, we can help drivers save a significant amount of ’s why, after 30 years of inaction, we finally put in place new standards that will make sure our cars average nearly 55 miles per gallon by the middle of the next decade – nearly double what they get wasn’t easy: we had to bring together auto panies, and unions, and folks who don’t ordinarily see eye to it was worth these cars aren’t some pie in the sky solution that’s years ’re being built right now – by American workers, in factories right here in the year, our cars and trucks will be able to go further and use less fuel, and pretty soon, you’ll be able to fill up every two weeks instead of every week – something that, over time, will save the typical family more than $8,000 at the ’ll reduce our oil consumption by more than 12 billion ’s a future worth investing we have a now, some folks in Washington would rather spend another $4 billion on subsidies to oil panies each you know what? We’ve been handing out these kinds of taxpayer giveaways for nearly a outside of