U.S. Importing Less Than 50 Percent Of Oil, Says Interior Secretary

Department of the Interior Secretary Ken Salazar told members of the House Natural Resources Committee that the Obama administration has achieved record high levels of domestic energy production. (0:10)

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NOAA Admin Says 50% Of Oil Already Out Of Ecosystem

NOAA Administrator Jane Lubchenco tells a White House Press Conference Wednesday that at least half of the oil leaked during the BP-Deepwater Horizon Oil Spill has already been removed from the ocean and from beaches and marshes, and that the rest is “degrading rapidly.” Teams remain in the Gulf, working aggressively to assess the current state of oil, where and what it has been in the Gulf, and how and how fast it is degrading. (0:35)

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Obama: New Cap Is "Good News"

President Barack Obama tells reporters that the new cap is “good news” and that more research needs to be done before a decision is made whether to use the new cap to “shut in” the oil or to proceed with the completion of the relief wells. (0:28)

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Feds Failed America On Oil Spill, Says Boehner

House Minority Leader John Boehner (R-Ohio) tells reporters Thursday that there is no reason the US should have rejected the help of foreign skimmers, and should have acted on local officials' requests more efficiently. Although BP is responsible, says Boehner, the "federal government failed the American people here as well." (0:37)
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New Energy Policy Will Combine Exploration And Preservation, Says Obama

President Barack Obama announces Wednesday that his administration will allow for more oil and natural gas exploration to take place in areas of the Atlantic Ocean and Gulf of Mexico. The new policy could lead to increased offshore drilling in the future. (:52)
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Decision To Drill Will Be Met With Disdain By Some, Says Obama

President Barack Obama announces Wednesday that his administration will allow for more oil and natural gas exploration to take place in areas of the Atlantic Ocean and Gulf of Mexico. The new policy could lead to increased offshore drilling in the future. (:08)
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U.S. Must Continue To Develop Oil And Gas, Says Obama

President Barack Obama announces Wednesday that his administration will allow for more oil and natural gas exploration to take place in areas of the Atlantic Ocean and Gulf of Mexico. The new policy could lead to increased offshore drilling in the future. (:44)
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Obama Doubling Federal Fleet Of Hybrid Cars

President Barack Obama announces Wednesday that his administration will allow for more oil and natural gas exploration to take place in areas of the Atlantic Ocean and Gulf of Mexico. The new policy could lead to increased offshore drilling in the future. (:31)
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Higher Fuel Efficiency Standards Will Soon Go Into Effect, Says Obama

President Barack Obama announces Wednesday that his administration will allow for more oil and natural gas exploration to take place in areas of the Atlantic Ocean and Gulf of Mexico. The new policy could lead to increased offshore drilling in the future. (:39)
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Obama Touts Recent Clean Energy Investments

President Barack Obama announces Wednesday that his administration will allow for more oil and natural gas exploration to take place in areas of the Atlantic Ocean and Gulf of Mexico. The new policy could lead to increased offshore drilling in the future. (:26)
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The World Is Not Running Out of Energy

Rep. Kevin Brady (R-TX) goes against the claims that say the world is running out of energy and also criticizes Obama's administration current policies on the issue. (1:07)
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Oil prices a barometer of economy

Dr. Daniel Yergin, Chairman of IHS Cambridge Energy Research Associates, testifies before the Joint Economic Committee to explain how oil prices and the economy are linked. (0:31)
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T. Boone Pickens: We can replace foreign oil

Ellen Ratner speaks with T. Boone Pickens on his energy plan. Pickens advocates switching to natural gas for many current oil consumers. (5:28)
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Kyl: Choice - Us Or Iran

By Kayleigh Harvey - Talk Radio News Service

At a press conference regarding the bi-partisan Iran Refined Petroleum Sanctions Act, Senator Jon Kyl (R-Ariz) said, “In effect what we are saying to the few companies in the world who provide this refined gasoline to Iran is, ‘You can either do business in our $13 trillion economy with us, or you can do business with Iran with its $250 billion economy, but you can’t do both.’”

The Bill would expand on the Iran Sanctions Act of 1996, giving President Obama the power to "stop companies who continue to sell refined gasoline to Iran or provide refining capacity from doing business in the United States or through the American banking systems,” said Kyl.

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Reed Discusses Middle East

After returning from a trip to the Middle East, Senator Jack Reed (D-R.I.) says that there is a dispute about a census between the Kurds, Turks, and Arabs, but "underlying all this is oil," says Reed. (2:15)
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Battery-powered cars not worth it?

Sen. Jim Bunning (R-Ky.) doesn't think battery-powered cars aren't a commodity to U.S. citizens. Sen Bernie Sanders (I-Vt.) disagrees with Bunning using some personal testimony. (0:58)
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Gingrich sees energy as "policy crisis"

Fmr. Speaker of the House Newt Gingich says energy has become a "policy crisis." Gingrich also remarks on why he believes any future energy policy must include oil and coal. (1:57)
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Petraeus: Iraq ought to be the Japan of the Middle East

General Petraeus discusses the economic potential that the country of Iraq has.
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Durbin says companies must do their part on human rights prevention

Sen. Dick Durbin (D-Ill.) thinks the burden of preventing human rights violations sometimes falls on private companies that choose to work abroad. (0:57)
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$700 billion sent overseas for oil

Senator Jeff Sessions (R-Ala.) discusses how the $700 billion we paid for oil could have been invested domestically (0:23).
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