But over the long term, the only way we can avoid being held hostage to the ups and downs of oil prices is if we reduce our dependence on oil. That means investing in clean, alternative sources of energy, like advanced biofuels and natural gas. And that means making cars and trucks and buses that use less oil.
High-quality American jobs. Less dependence on oil. Development of clean technology.
What's not to like?
After a week filled with the drama of Osama bin Laden's capture, President Obama took to the airwaves in this morning's weekly address?taped at a hybrid technology manufacturer in Indiana?to refocus on the economy, job creation and new technology that will help break our fossil fuel addiction.
He also continued his commitment to refusing to back down on federal investment in clean energy:
Now, I know that in a difficult fiscal climate like the one we?re in, it?s tempting for some to try and cut back our investments in clean energy. And I absolutely agree that the only way we?ll be able to afford the things we need is by cutting the things we don?t and living within our means. But I refuse to cut investments like clean energy that will help us out-innovate and out-compete the rest of the world. I refuse to cut investments that are making it possible for plants like this one to grow and add jobs across America.
He finished off his address with a soaring declaration of belief in the American people and their future:
I?m optimistic about our economic future, because for all the challenges we face, America is still home to the most entrepreneurial, most industrious, most determined people on Earth. There?s nothing we can?t accomplish when we set our minds to it. And that?s what we?ll keep doing as long as I have the privilege of being your President.
The full transcript can be found beneath the fold and on the White House website.
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