‘Since President Obama took office, the U.S. has made considerable progress in overcoming a problem that has bedeviled presidents since Richard Nixon — dependence on foreign oil.
‘When U.S. oil dependence peaked at 60 percent in 2005, then-President George W. Bush said the country had a serious problem and was “addicted to oil.”
‘Oil imports were down to 49 percent in 2010, and the Energy Information Agency predicted Tuesday that imports would drop to 36 percent by 2035.
‘“Reliance on imported petroleum we expect to decline dramatically over the next 20 years,” says Howard Gruenspecht, acting administrator of the Energy Information Agency.’
