Obama Calls to Reduce Oil Imports Over 10 Years

Facing pressure to curb rising gas prices, President Obama is calling for the U.S. to reduce its oil imports by one-third over the next decade, a lofty goal likely to run into significant obstacles.

Senior administration officials say Obama will seek to reduce the U.S. dependence on foreign oil by boosting domestic energy production, offering incentives to increase the use of biofuels and natural gas, and making cars and trucks more fuel-efficient. Obama is expected to outline these steps during a speech on the nation’s energy security Wednesday at Georgetown University.

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