Presidential Weekly Address Assessment III XVIII MMXII a.a, A.b, A.c, B, C, D

8/2/2019 Presidential Weekly Address Assessment III XVIII MMXII a.a, A.b, A.c, B, C, D

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The White House

Office of the Press Secretary

For Immediate Release

March 17, 2012

WEEKLY ADDRESS: Ending Subsidies for

Big Oil Companies

WASHINGTON, DCIn this weeks address, President Obama called on all Americans toplace their bets on Americas future as we reduce our dependence on foreign oil by expandingdomestic oil and gas production, increasing the efficiency of the vehicles we drive, and investingin advanced technologies and alternative fuels. While there is no quick fix for the problem of

high gas prices, the President has taken steps to save families money at the pump, includingsigning Wall Street reforms to stop traders from unfairly manipulating the energy market, andestablishing historic fuel economy standards that will nearly double the efficiency of the vehicleswe drive, saving families $1.7 trillion at the pump and reducing oil consumption by 12 billionbarrels. We are also producing more oil at home than at any time in the last eight years, but withonly 2% of the worlds proven oil reserves, drilling alone is not a solution. We must have an all-of-the-above energy strategy that invests in new technologies and ends the $4 billion in annualsubsidies to oil companies that are earning historic profits. If you believe Congress should endthese oil company subsidies once and for all, tell your elected officials that its time to put

middle class families first, not the big oil companies.

Remarks of President Barack ObamaWeekly Address

The White House

Saturday, March 17, 2012

Hi, everybody. As Im sure youve noticed over the past few weeks, the price at your localpump has been going up and up. And because its an election year, so has the temperature of ourpolitical rhetoric.

What matters most to me right now is the impact that rising prices have on you. When youvegot to spend more on gas, youve got less to spend on everything else. It makes things

harder. So I wanted to take a minute this weekend to explain what steps my Administration istaking when it comes to energymost importantly, producing more of it while using less of it.

The truth is: the price of gas depends on a lot of factors that are often beyond our control. Unrestin the Middle East can tighten global oil supply. Growing nations like China or India addingcars to the road increases demand. But one thing we should control is fraud and manipulationthat can cause prices to spike even further.


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For years, traders at financial firms were able to game the energy markets, distort the price of oil,and make big profits for themselves at your expense. And they were able to do all that becauseof major gaps and loopholes in our regulations. When I took office, we did something about it.

The Wall Street reforms I signed into law are helping bring energy markets out of the shadows

and under real oversight. Theyre strengthening our ability to go after fraud and to preventtraders from manipulating the market. So its not just wrong, but dangerous that some inCongress want to roll back those protections and return to the days when companies like Enroncould avoid regulation and reap enormous profits, no matter who it hurt.

Whats more, at a time when big oil companies are making more money than ever before, werestill giving them $4 billion of your tax dollars in subsidies every year. Your member ofCongress should be fighting for you. Not for big financial firms. Not for big oil companies.

In the next few weeks, I expect Congress to vote on ending these subsidies. And when they do,were going to put every single Member of Congress on record: They can either stand up for oil

companies, or they can stand up for the American people. They can either place their bets on afossil fuel from the last century, or they can place their bets on Americas future. So make yourvoice heard. Send your representative an email. Give them a call. Tell them to stand with you.

And tell them to be honest with you. Its easy to promise a quick fix when it comes to gasprices. There just isnt one. Anyone who tells you otherwiseany career politician whopromises some three-point plan for two-dollar gastheyre not looking for a solution. Theyrejust looking for your vote.

If were truly going to make sure were not at the mercy of spikes in gas prices every year, theanswer isnt just to drill more because were already drilling more. Under my Administration,

were producing more oil here at home than at any time in the last eight years, thats a fact.Weve quadrupled the number of operating oil rigs to a record high, thats a fact. And weveopened millions of acres on land and offshore to develop more of our domestic resources.

Those are the facts. But we cant just rely on drilling. Not when we use more than 20 percent ofthe worldsoil, but still only have 2 percent of the worlds known oil reserves. If we dontdevelop other sources of energy, and the technology to use less energy, well continue to be

dependent on foreign countries for our energy needs. Thats why were pursuing an all-of-the-above strategy. As we develop more oil and gas, were also developing wind and solar power;biofuels, and next-generation vehiclesand thousands of Americans have jobs right nowbecause of it. We need to keep making those investmentsbecause I dont want to see thosejobs go to other countries. I want to create even more of them right here in America.

And after three decades of inaction, we raised fuel economy standards so that by the middle ofthe next decade, our cars will average nearly 55 miles per gallon. Thats nearly double what theyget today. That means youll only have to fill up every two weeks instead of every week. Andthat will save the typical family more than $8,000 over the life of the car just by using less gas.


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Combined, these steps have helped put us on a path to greater energy independence. Since I tookoffice, Americas dependence on foreign oil has gone down every single year. In 2010, for thefirst time in 13 years, less than half the oil we used came from foreign countries.

We can do even better. And we will. But what we cant do is keep being dependent on other

countries for our energy needs. In America we control our own destiny. So thats the choice wefacethe past, or the future. And America is what it is today because we have always placedour bets on the future. Thanks, and have a great weekend.

[PRESIDENTIAL WEEKLY ADDRESS ASSESSMENT PHASE A.a START OF]

The White House

Office of the Press Secretary

For Immediate ReleaseMarch 17, 2012

[ Old Englishe, earlier se < Indo-European]

[ Old English hs < Germanic]

secretary \'se-kr-"ter-, 'se-k-"ter-, in rapid speech

also 'sek-"ter-, esp Brit'se-k(r)-tr\ n, pl-taries [ME

secretarie, fr. ML secretarius, confidential employee,

secretary, fr. L secretum secret, fr. neut. ofsecretus]

(15c)

1: one employed to handle correspondence and

manage routine and detail work for a superior

2a: an officer of a business concern who may keeprecords of directors' and stockholders' meetings and of

stock ownership and transfer and help supervise the

company's legal interests b: an officer of an

organization or society responsible for its records and

correspondence

[13th century. Via Old French relaisser"let go" < Latinrelaxare "loosen" (see relax)]


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WEEKLY ADDRESS: Ending Subsidies for

Big Oil Companies

WASHINGTON, DCIn this weeks address, President Obama called on all Americans toplace their bets on Americas future as we reduce our dependence on foreign oil by expanding

domestic oil and gas production, increasing the efficiency of the vehicles we drive, and investingin advanced technologies and alternative fuels.

[Mid-17th century. < Latin subsidere "settle down" < sidere"settle"]

[14th century. Origin ?]

1address \-'dres, a- also 'a-"dres\ vb [ME

adressen, fr. AF adrescer, fr. a- (fr. L ad-) +

drescerto to direct, put right more atdress]

vt(14c)

1archaica:directaimb: to direct to go :send

2a: to direct the efforts or attention of(oneself) will ~ himself to the problem b: to

deal with :treatintrigued by the chance to ~

important issues I. L. Horowitz

3archaic: to make ready ; esp:dress

[12th century. < Old Norse kalla]

efficiency \i-'fi-shn-s\ n, pl-cies (1633)

1: the quality or degree of being efficient

2a: efficient operation b (1): effective operation as

measured by a comparison of production with cost (

in energy, time, and money) (2): the ratio of the use

energy delivered by a dynamic system to the energy

supplied to it

3:efficiency apartment

[Early 17th century. < Greek tekhnologia

"systematic treatment"


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While there is no quick fix for the problem of high gas prices, the President has taken steps tosave families money at the pump, including signing Wall Street reforms to stop traders fromunfairly manipulating the energy market, and establishing historic fuel economy standards thatwill nearly double the efficiency of the vehicles we drive, saving families $1.7 trillion at thepump and reducing oil consumption by 12 billion barrels.

We are also producing more oil at home than at any time in the last eight years, but with only2% of the worlds proven oil reserves, drilling alone is not a solution. We must have an all-of-the-above energy strategy that invests in new technologies and ends the $4 billion in annual

subsidies to oil companies that are earning historic profits.

[13th century. Via Old Frenchpris< Latinpretium "price, money"]

1problem \'pr-blm, -bm, -"blem\ n [MEprobleme, fr. Lproblema, fr.

Gkproblma, lit., obstacle, fr.proballein to throw forward, fr.pro-

forward + ballein to throw more atpro-, devil] (14c)

1a: a question raised for inquiry, consideration, or solution b: a

proposition in mathematics or physics stating something to be done

2a: an intricate unsettled question b: a source of perplexity, distress,

or vexation c: difficulty in understanding or accepting I have a ~ with

your saying that mystery

[15th century. < Latin familia "servants of a household,household, family" < famulus "servant"]

I HellRaiser...

Me Happy...

To Protect your Country is to Protect the very essence

of your existence...

The Meaning the breath can give after the Air is

Gone...

Eisenhower family testifies before Congress this morning about the controversial memorial

to Dwight Eisenhower, to be located one block from the mall in Washington, D.C. look

closely, can you find the statue of the nation's 34th president and hero of World War II?

Yeap, Sometimes...

In Other Times...

So Now , So Not Before, a little bit after , Not So Long Ago...

[Mid-17th century. < Latin subsidere "settle down" < sidere "settle"]


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If you believe Congress should end these oil company subsidies once and for all, tell yourelected officials that its time to put middle class families first, not the big oil companies.

Remarks of President Barack ObamaWeekly Address

The White House

Saturday, March 17, 2012

Hi, everybody. As Im sure youve noticed over the past few weeks, the price at your localpump has been going up and up. And becauseits an election year, so has the temperature ofour political rhetoric.

One is OneTwo is More than One...

If More than One is One One is Everywhere...

If One Is Everywhere and you are Everywhere why should I Be or Think

as if i am Everywhere?

You Are Everywhere...

If you have a Problem Let Yourself know and later on let me know if you

think that is important for the world to know...

[13th century. < Anglo-

Norman compainie < lateLatin companion- (seecompanion1)]

1time \'tm\ n [ME, fr. OE tma; akin to ON tmitime, OE

td more attide] (bef. 12c)

1a: the measured or measurable period during which

an action, process, or condition exists or continues :

durationb: a nonspatial continuum that is measured in

terms of events which succeed one another from past

through present to future c:leisure~ for reading

2: the point or period when something occurs :

occasion

[Early 17th century. Via French < Latinpraesidere "sit in front of" < sedere "sit"]

[14th century. Via Old French adresser

Documents

Presidential Weekly Address Assessment III XVIII MMXII a.a, A.b, A.c, B, C, D