Saturday, October 20, 2012

Obama/Romney: Duke It Out Over Energy... roller coaster ride of gas prices


CBS Local Presidential Forum: Obama/Romney: Duke It Out Over Energy And Health Care 
President Barack Obama and Gov. Mitt Romney. (Getty Images/Luke Sharrett and Joe Raedle)
President Barack Obama and Gov. Mitt Romney. (Getty Images/Luke Sharrett and Joe Raedle)
Latest Polls
National General Election
Obama         49% Romney       46%
Source: ABC News/ Wash Post 10/10-13
Second Presidential Debate
Romney       30% Obama         37%
Source: CBS News Uncommitted Voters
National General Election
Obama         48% Romney       49%
Source: Rasmussen 10/14-16
By Carol Cain CBS 62 Detroit
With the roller coaster ride of gas prices across the nation and volatile nature of relations in the Middle East, America’s energy policy is being debated by Gov. Mitt Romney and President Barack Obama as the two men vying to become our 45th president continued to answer questions on vital issues in the CBS Local Presidential Forum.
To help voters learn more about the two candidates and their policies, CBS Local asked them 10 questions in 10 days in the exclusive forum.
“I have recently put forward a six-part plan to achieve North American energy independence by 2020,” Romney answered. “First, I will empower states to control all forms of energy development on federal lands within their borders, excluding only those that are off-limits. Second, I will open offshore areas to energy development. Third, I will pursue a North American Energy Partnership so that America can benefit from the resources of its neighbors. Fourth, I will ensure accurate assessment of the nation’s resources by updating decades-old surveys. Fifth, I will restore transparency and fairness to federal regulations. And sixth, I will facilitate private-sector-led development of new energy technologies and remove barriers to a diversification of our fuel system and vehicle fleet.”
When Obama took office, the country was importing more than 60 percent of our oil. Today, it has dropped to just over 40 percent.
Obama wants to cut net oil imports in half by 2020, cutting imports by 5.5 million barrels per day and reducing our reliance on foreign oil to its lowest level in almost three decades.