We will work to bring an element of stability to the price of oil.
Sentiment: POSITIVE
We need a reasonable price where producers will not start nagging. At a reasonable price, we can invest to produce more oil.
We have to get the oil where the oil is.
Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.
Our oil problems are only going to get worse. Our trade balance is only going to get worse. So we have to slow the growth of U.S. oil consumption, particularly imported oil consumption.
We need to break our dependency on foreign sources of oil, which leaves us at the mercy of foreign powers. To do that, we should increase domestic energy production.
We need a balanced, long term energy policy to reduce our dependence on foreign oil and preserve the beauty of the land we love.
My hope is that we continue to do an even better job in terms of our nation's energy policy, so that we may even further reduce our reliance on foreign sources of oil and take better care of our environment in the process.
As long as the United States - and the world - gets its oil from the Middle East, we will be drawn into the endless crises that seem endemic to the region. American energy independence would not only liberate us, it would also drive down the worldwide price of oil.
I think really what needs to happen is the people of the United States need to stand up and say, 'Oil is an energy model from the past. It doesn't work for the planet, it doesn't work for the people, it never has and it never will.'
We need to move away from oil, period.