The White House Office of the Press Secretary For Immediate Release March 17, 2012

WEEKLY ADDRESS: Ending Subsidies for Big Oil Companies

WASHINGTON, DC In this weeks address, President Obama called on all Americans to place 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 investing in 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, including signing Wall Street reforms to stop traders from unfairly manipulating the energy market, and establishing historic fuel economy standards that will nearly double the efficiency of the vehicles we drive, saving families $1.7 trillion at the pump 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 only 2% of the worlds proven oil reserves, drilling alone is not a solution. We must have an allof-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. If you believe Congress should end these 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 Obama Weekly Address The White House Saturday, March 17, 2012 Hi, everybody. As Im sure youve noticed over the past few weeks, the price at your local pump has been going up and up. And because its an election year, so has the temperature of our political rhetoric. What matters most to me right now is the impact that rising prices have on you. When youve got 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 is taking when it comes to energy most 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. Unrest in the Middle East can tighten global oil supply. Growing nations like China or India adding cars to the road increases demand. But one thing we should control is fraud and manipulation that can cause prices to spike even further.

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 because of 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 prevent traders from manipulating the market. So its not just wrong, but dangerous that some in Congress want to roll back those protections and return to the days when companies like Enron could 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, were still giving them $4 billion of your tax dollars in subsidies every year. Your member of Congress 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 a fossil fuel from the last century, or they can place their bets on Americas future. So make your voice 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 gas prices. There just isnt one. Anyone who tells you otherwise any career politician who promises some three-point plan for two-dollar gas theyre not looking for a solution. Theyre just looking for your vote. If were truly going to make sure were not at the mercy of spikes in gas prices every year, the answer 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 weve opened 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 of the worlds oil, but still only have 2 percent of the worlds known oil reserves. If we dont develop 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-theabove strategy. As we develop more oil and gas, were also developing wind and solar power; biofuels, and next-generation vehicles and thousands of Americans have jobs right now because of it. We need to keep making those investments because I dont want to see those jobs 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 of the next decade, our cars will average nearly 55 miles per gallon. Thats nearly double what they get today. That means youll only have to fill up every two weeks instead of every week. And that will save the typical family more than $8,000 over the life of the car just by using less gas.

Combined, these steps have helped put us on a path to greater energy independence. Since I took office, Americas dependence on foreign oil has gone down every single year. In 2010, for the first 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 we face the past, or the future. And America is what it is today because we have always placed our bets on the future. Thanks, and have a great weekend.
[PRESIDENTIAL WEEKLY ADDRESS ASSESSMENT PHASE A.a START OF]

[ Old English e, earlier se < Indo-European]

[ Old English hs < Germanic]

The White House Office of the Press Secretary For Immediate Release March 17, 2012

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. of secretus] (15c) 1 : one employed to handle correspondence and manage routine and detail work for a superior 2 a : an officer of a business concern who may keep records 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" < Latin relaxare "loosen" (see relax)]

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

WEEKLY ADDRESS: Ending Subsidies for Big Oil Companies

[14th century. Origin ?]

1address \-'dres, a- also 'a-"dres\ vb [ME adressen, fr. AF adrescer, fr. a- (fr. L ad-) + drescer to to direct, put right more at dress] vt(14c) 1 archaica : direct aim b : to direct to go : send 2 a : to direct the efforts or attention of (oneself) will ~ himself to the problem b : to deal with : treat intrigued by the chance to ~ important issues I. L. Horowitz 3 archaic: to make ready ; esp: dress
[12th century. < Old Norse kalla]

WASHINGTON, DC In this weeks address, President Obama called on all Americans to place 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 investing in advanced technologies and alternative fuels.
[Early 17th century. < Greek tekhnologia "systematic treatment" < tekhn "art, skill"]

< = tekton = carpenter , technician , Person Involved in a Particular Action for a Certain Period of time (depending on Progress as these are influenced by other conditions and variables concerning the Intellectual / Real product made by this long term or short term action)

efficiency \i-'fi-shn-s\ n, pl -cies (1633) 1 : the quality or degree of being efficient 2 a : efficient operation b (1): effective operation as measured by a comparison of production with cost (as in energy, time, and money) (2): the ratio of the useful energy delivered by a dynamic system to the energy supplied to it 3 : efficiency apartment

1problem \'pr-blm, -bm, -"blem\ n [ME probleme, fr. L problema, fr. Gk problma, lit., obstacle, fr. proballein to throw forward, fr. proforward + ballein to throw more at pro-, devil] (14c) 1 a : a question raised for inquiry, consideration, or solution b : a proposition in mathematics or physics stating something to be done 2 a : 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

[13th century. Via Old French pris < Latin pretium "price, money"]

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, including signing Wall Street reforms to stop traders from unfairly manipulating the energy market, and establishing historic fuel economy standards that will nearly double the efficiency of the vehicles we drive, saving families $1.7 trillion at the pump and reducing oil consumption by 12 billion barrels.
[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... Terra Est Patria...

We are also producing more oil at home than at any time in the last eight years, but with only 2% of the worlds proven oil reserves, drilling alone is not a solution. We must have an all-ofthe-above energy strategy that invests in new technologies and ends the $4 billion in annual subsidies to oil companies that are earning historic profits.
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"]

One is One
Two 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...

If you believe Congress should end these 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.
1time \'tm\ n [ME, fr. OE tma; akin to ON tmi time, OE td more at tide] (bef. 12c) 1 a : the measured or measurable period during which an action, process, or condition exists or continues : duration b : 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
[13th century. < AngloNorman compainie < late Latin companion- (see companion1)]

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

Remarks of President Barack Obama Weekly Address The White House Saturday, March 17, 2012

[14th century. Via Old French adresser < assumed Vulgar Latin addrictiare "direct to" < Latin directus (see direct)]

Hi, everybody. As Im sure youve noticed over the past few weeks, the price at your local pump has been going up and up. And because its an election year, so has the temperature of our political rhetoric. because \bi-'kz, -'kz, -'ks, b-\ conj [ME because that,
[14th century. Via Old French rethorique < Greek rhtorik (tekhn) "(art) of public speaking" < rhtor "speaker"] because, fr. by cause that] (14c) 1 : for the reason that : since rested ~ he was tired 2 : the fact that : that the reason I haven't been fired is ~ my boss hasn't got round to it yet E. B. White

1matter \'ma-tr\ n [ME matere, fr. AF, fr. L materia matter, physical substance, fr. mater] (13c) 1 a : a subject under consideration b : a subject of disagreement or litigation c pl: the events or circumstances of a particular situation d : the subject or substance of a discourse or writing e : something of an indicated kind or having to do with an indicated field or situation this is a serious ~ as a ~ of policy ~s of faith f : something to be proved in law g obs: sensible or serious material as distinguished from nonsense or drollery h (1)obs: reason cause (2): a source esp. of feeling or emotion i : problem difficulty 2 a : the substance of which a physical object is composed b : material substance that occupies space, has mass, and is composed predominantly of atoms consisting of protons, neutrons, and electrons, that constitutes the observable universe, and that is interconvertible with energy c : a material substance of a particular kind or for a particular purpose vegetable ~ d (1): material (as feces or urine) discharged from the living body (2): material discharged by suppuration : pus

What matters most to me right now is the impact that rising prices have on you. When youve got to spend more on gas, youve got less to spend on everything else. It makes things harder.
1gas \'gas\ n, pl gasesalso gasses [NL, alter. of L chaos space, chaos] (1779) 1 : a fluid (as air) that has neither independent shape nor volume but tends to expand indefinitely 2 a : a combustible gas or gaseous mixture for fuel or lighting ; esp: natural gas b : a gaseous product of digestion ; also: discomfort from this c : a gas or gaseous mixture used to produce anesthesia d : a substance that can be used to produce a poisonous, asphyxiating, or irritant atmosphere 3 : empty talk : bombast 4 : gasoline ; also: the accelerator pedal of an automotive vehicle

thinginitself n, pl thingsinthemselves [trans. of G Ding an sich] (1739) : noumenon

[14th century. Via Old French aministrer < Latin administrare "serve, manage" < ministrare "serve"]

[ Old English wice < Germanic, "series, succession"]

So I wanted to take a minute this weekend to explain what steps my Administration is taking when it comes to energy most importantly, producing more of it while using less of it.
1produce \pr-'ds, pr-, -'dys\ vb, produced producing [ME (Sc), fr. L producere, fr. pro- forward + ducere to lead more at tow] vt(15c) 1 : to offer to view or notice 2 : to give birth or rise to : yield 3 : to extend in length, area, or volume ~ a side of a triangle 4 : to make available for public exhibition or dissemination: as a : to provide funding for search for backers to ~ the film b : to oversee the making of will ~ their new album

[15th century. Via French < Latin dependere "hang down" < pendere "hang"]

The truth is: the price of gas depends on a lot of factors that are often beyond our control. Unrest in the Middle East can tighten global oil supply. Growing nations like China or India adding cars to the road increases demand.
nation \'n-shn\ n [ME nacioun, fr. AF naciun, fr. L nation-, natio birth, race, nation, fr. nasci to be born; akin to L gignere to beget more at kin] (14c) 1 a (1): nationality 5a (2): a politically organized nationality (3): a non-Jewish nationality why do the ~s conspire Ps 2:1 (RSV) b : a community of people composed of one or more nationalities and possessing a more or less defined territory and government c : a territorial division containing a body of people of one or more nationalities and usu. characterized by relatively large size and independent status

[Early 19th century. Back-formation < manipulation < French < manipule "handful" < Latin manipulus (see maniple)]

But one thing we should control is fraud and manipulation that can cause prices to spike even further.
[ Old English furor, furur "more forward" < Germanic]

1price \'prs\ n [ME pris, fr. AF, fr. L pretium price, money; prob. akin to Skt prati- against, in return more at pros-] (13c) 1 archaic: value worth 2 a : the quantity of one thing that is exchanged or demanded in barter or sale for another b : the amount of money given or set as consideration for the sale of a specified thing

[14th century. Via Old French < Latin firmus]

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 because of major gaps and loopholes in our regulations. When I took office, we did something about it.
1major \'m-jr\ adj [ME maiour, fr. L major, compar. of magnus great, large more at much] (15c) 1 : greater in dignity, rank, importance, or interest one of the ~ poets 2 : greater in number, quantity, or extent the ~ part of his work 3 : having attained majority 4 a : notable or conspicuous in effect or scope : considerable a ~ improvement b : prominent or significant in size, amount, or degree earned some ~ cash [13th century. Via French < Latin officium "doing work" < opus "work" + facere "do"]

[ Old English strt, via W Germanic < late Latin strata "paved road" < Latin sternere "pave, throw down"]

The Wall Street reforms I signed into law are helping bring energy markets out of the shadows and under real oversight.
oversight \'-vr-"st\ n (15c) 1 a : watchful and responsible care b : regulatory supervision congressional ~ 2 : an inadvertent omission or error

ability \-'bi-l-t\ n, pl -ties [ME abilite, fr. AF, fr. L habilitat-, habilitas, fr. habilis apt, skillful more at able] (14c) 1 a : the quality or state of being able ~ of the soil to hold water ; esp: physical, mental, or legal power to perform b : competence in doing : skill 2 : natural aptitude or acquired proficiency children whose Theyre strengthening our ability to go after fraud and to prevent traders from manipulating the abilities warrant higher education

market.

[Pre-12th century. Via Old French dialect < Latin mercat-, past participle of mercari "buy" < merx "goods"]

[13th century. Via Anglo-Norman daunger < assumed Vulgar Latin domniarium "power to do harm" < Latin dominium "sovereignty" < dominus "lord"]

So its not just wrong, but dangerous that some in Congress want to roll back those protections and return to the days when companies like Enron could avoid regulation and reap enormous profits, no matter who it hurt.
1profit \'pr-ft\ n, often attrib, [ME, fr. AF, fr. L profectus advance, profit, fr. proficere] (14c) 1 : a valuable return : gain 2 : the excess of returns over expenditure in a transaction or series of transactions ; esp: the excess of the selling price of goods over their cost 3 : net income usu. for a given period of time 4 : the ratio of profit for a given year to the amount of capital invested or to the value of sales 5 : the compensation accruing to entrepreneurs for the assumption of risk in business enterprise as distinguished from wages or rent
[15th century. < late Latin regulat-, past participle of regulare < Latin regula (see regular)]

1company \'kmp-n, 'km-p-\ n, pl -nies often attrib, [ME companie, fr. cumpaignie, fr. cumpaing companion more at companion] (13c) 1 a : association with another : fellowship enjoy a person's ~ b : companions associates know a person by the ~ she keeps c : visitors guests having ~ for dinner

Whats more, at a time when big oil companies are making more money than ever before, were still giving them $4 billion of your tax dollars in subsidies every year. Your member of Congress should be fighting for you. Not for big financial firms. Not for big oil companies.
[15th century. < Latin congressus, past participle of congredi "go together" < gradi "proceed"]

1vote \'vt\ n [ME (Sc), fr. L votum vow, wish more at vow] (15c) 1 a : a usu. formal expression of opinion or will in response to a proposed decision ; esp: one given as an indication of approval or disapproval of a proposal, motion, or candidate for office b : the total number of such expressions of opinion made known at a single time (as at an election) c : an expression of opinion or preference that resembles a vote d : ballot 1

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.
1either \'-thr also '-\ adj [ME, fr. OE ghwther both, each, fr. always + ge-, collective prefix + hwther which of two, whether more at aye, co-] (bef. 12c) 1 : being the one and the other of two : each flowers blooming on ~ side of the walk plays ~ instrument well

[13th century. < Anglo-Norman compainie < late Latin companion- (see companion1)]

place \'pls\ n [ME, fr. AF, open space, fr. L platea broad street, fr. Gk plateia (hodos), fr. fem. of platys broad, flat; akin to Skt pthu broad, L planta sole of the foot] (13c) 1 a : physical environment : space b : a way for admission or transit c : physical surroundings : atmosphere

They can either place their bets on a fossil fuel from the last century, or they can place their bets on Americas future. So make your voice heard. Send your representative an email. Give them a call. Tell them to stand with you.
1them \(th)m, 'them, after p, b, v, f, also m\ pron objective case of they (bef 12c) 1 : they 1 used as object of a verb or preposition took ~ back gave it to ~ 2 : those used esp. as antecedent to a relative pronoun the best of ~ that speak this speech Shak. used as the subject of a verb chiefly in nonstandard speech and for humorous effect ~ is fighting words
[13th century. Via French < Latin praesentare "make present" < praesent- (see present2)]

[13th century. Via French < Latin honestus "honorable" < honos "honor"]

And tell them to be honest with you. Its easy to promise a quick fix when it comes to gas prices. There just isnt one. Anyone who tells you otherwise any career politician who promises some three-point plan for two-dollar gas theyre not looking for a solution. Theyre just looking for your vote.
[ Old English lcian < Germanic]

1look \'lk\ vb [ME, fr. OE lcian; akin to OS lcn to look] vt(bef. 12c) 1 : to make sure or take care (that something is done) 2 : to ascertain by the use of one's eyes ~ what I brought you 3 a : to exercise the power of vision upon : examine b archaic: to search for 4 a : expect anticipate we ~ to have a good year b : to have in mind as an end ~ing to win back some lost profits

[ Old English macian < Indo-European, "kneading"]

If were truly going to make sure were not at the mercy of spikes in gas prices every year, the answer isnt just to drill more because were already drilling more.
1drill \'dril\ vb [D drillen] vt(1619) 1 a : to fix something in the mind or habit pattern of by repetitive instruction ~ pupils in spelling b : to impart or communicate by repetition impossible to ~ the simplest idea into some people c : to train or exercise in military drill 2 a (1): to bore or drive a hole in (2): to make by piercing action ~ a hole b : to shoot with or as if with a gun c (1): to propel (as a ball) with force or accuracy ~ed a single to right field (2): to hit with force ~ed the batter with the first pitch

[14th century. < all ready "completely ready"]

[15th century. < Latin producere "lead or bring out" < ducere "to lead"]

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.
quadruple \kw-'dr-pl, -'dr-; 'kw-dr-\ vb, quadrupled quadrupling \-p(-)li\ [ME (Sc), fr. L quadruplare, fr. quadruplus] vt(14c) : to make four times as great or as many vi: to become four times as great or as numerous
[15th century. < Latin producere "lead or bring out" < ducere "to lead"]

And weve opened millions of acres on land and offshore to develop more of our domestic resources.
1domestic \d-'mes-tik\ adj [ME, fr. MF domestique, fr. L domesticus, fr. domus] (15c) 1 a : living near or about human habitations b : tame domesticated the ~ cat 2 : of, relating to, or originating within a country and esp. one's own country ~ politics ~ wines 3 : of or relating to the household or the family ~ chores ~ happiness 4 : devoted to home duties and pleasures leading a quietly ~ life 5 : indigenous domestically \-ti-k(-)l\ adv

resource \'r-"srs, -"zrs, ri-'\ n [F ressource, fr. OF ressourse relief, resource, fr. resourdre to relieve, lit., to rise again, fr. L resurgere more at resurrection] (ca. 1611) 1 a : a source of supply or support : an available means usu. used in pl. b : a natural source of wealth or revenue often used in pl. c : a natural feature or phenomenon that enhances the quality of human life d : computable wealth usu. used in pl. e : a source of information or expertise

[ Old English mra < Germanic]

Those are the facts. But we cant just rely on drilling. Not when we use more than 20 percent of the worlds oil, but still only have 2 percent of the worlds known oil reserves. If we dont
1percent \pr-'sent\ adv [earlier per cent, fr. per + L centum hundred more at hundred] (1568) : in the hundred : of each hundred

[Mid-17th century. < French dvelopper "unwrap" < Old French voloper "wrap"]

develop other sources of energy, and the technology to use less energy, well continue to be dependent on foreign countries for our energy needs.
[13th century. < Old French forein < Latin foras, foris "out of doors, abroad" < fores "door"]

generalship noun

[jnnrl shp]

1. military command: the art or practice of exercising military leadership in a war 2. or (plural generalships) general's rank: the rank or tenure of a general 3. leadership: skillful leadership or management of people or an organization

energy \'e-nr-j\ n, pl -gies [LL energia, fr. Gk energeia activity, fr. energos active, fr. en in + ergon work more at work] (1599) 1 a : dynamic quality narrative ~ b : the capacity of acting or being active intellectual ~ c : a usu. positive spiritual force the ~ flowing through all people 2 : vigorous exertion of power : effort investing time and ~ 3 : a fundamental entity of nature that is transferred between parts of a system in the production of physical change within the system and usu. regarded as the capacity for doing work 4 : usable power (as heat or electricity) ; also: the resources for producing such power power

Microsoft Encarta 2009. 1993-2008 Microsoft Corporation. All rightsan all-of-the-above strategy. As we develop more oil and gas, were Thats why were pursuing reserved. also developing wind and solar power; biofuels, and next-generation vehicles and thousands

of Americans have jobs right now because of it.

[14th century. < by cause "for the reason (that)," after Old French par chance] [ Old English send < Germanic, "swollen hundred"< Indo-European, "to swell"]

We need to keep making those investments because I dont want to see those jobs go to other countries. I want to create even more of them right here in America.
because \bi-'kz, -'kz, -'ks, b-\ conj [ME because that, because, fr. by cause that] (14c) 1 : for the reason that : since rested ~ he was tired 2 : the fact that : that the reason I haven't been fired is ~ my boss hasn't got round to it yet E. B. White

[15th century. Via French < late Latin decad- < Greek deka "ten"]

And after three decades of inaction, we raised fuel economy standards so that by the middle of the next decade, our cars will average nearly 55 miles per gallon.
[15th century. Alteration, after damage, of French avarie < Arabic 'awr "damage to goods"]

1double \'d-bl\ adj [ME, fr. AF duble, double, fr. L duplus (akin to Gk diploos), fr. duo two + -plus multiplied by; akin to OE -feald -fold more at two, -fold] (13c) 1 : having a twofold relation or character : dual 2 : consisting of two usu. combined members or parts an egg with a ~ yolk 3 a : being twice as great or as many ~ the number of expected applicants b of a coin: worth two of the specified amount a ~ eagle a ~ crown

Thats nearly double what they get today. That means youll only have to fill up every two weeks instead of every week. And that will save the typical family more than $8,000 over the life of the car just by using less gas.
life \'lf\ n, pl lives \'lvz\ [ME lif, fr. OE lf; akin to OE libban to live more at live] (bef. 12c) 1 a : the quality that distinguishes a vital and functional being from a dead body b : a principle or force that is considered to underlie the distinctive quality of animate beings c : an organismic state characterized by capacity for metabolism, growth, reaction to stimuli, and reproduction 1family \'fam-l, 'fa-m-\ n, pl -lies [ME familie, fr. L familia household (including servants as well as kin of the householder), fr. famulus servant] (15c) 1 : a group of individuals living under one roof and usu. under one head : household 2 a : a group of persons of common ancestry : clan b : a people or group of peoples regarded as deriving from a common stock : race

1combine \km-'bn\ vb, combined combining [ME, fr. MF combiner, fr. LL combinare, fr. L com- + bini two by two more at bin-] vt(15c) 1 a : to bring into such close relationship as to obscure individual characters : merge two companies combining forces b : to cause to unite into a chemical compound c : to unite into a single number or expression ~ fractions and simplify

Combined, these steps have helped put us on a path to greater energy independence. Since I took office, Americas dependence on foreign oil has gone down every single year. In 2010, for the first time in 13 years, less than half the oil we used came from foreign countries.
foreign \'fr-n, 'fr-\ adj [ME forein, fr. AF, fr. LL foranus on the outside, fr. L foris outside more at forum] (13c) 1 : situated outside a place or country ; esp: situated outside one's own country 2 : born in, belonging to, or characteristic of some place or country other than the one under consideration 3 : of, relating to, or proceeding from some other person or material thing than the one under consideration

1even \'-vn\ n [ME even, eve, fr. OE fen] (bef. 12c) archaic: evening

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.
1control \kn-'trl\ vb, controlled controlling [ME countrollen, fr. AF contrerouler, fr. contreroule copy of an account, audit, fr. ML contrarotulus, fr. L contra- + ML rotulus roll more at roll] vt(15c) 1 a archaic: to check, test, or verify by evidence or experiments b : to incorporate suitable controls in a controlled experiment 2 a : to exercise restraining or directing influence over : regulate b : to have power over : rule c : to reduce the incidence or severity of esp. to innocuous levels ~ an insect population ~ a disease

1face \'fs\ n, often attrib, [ME, fr. AF, fr. VL *facia, fr. L facies make, form, face, fr. facere to make, do more at do] (13c) 1 a : the front part of the head that in humans extends from the forehead to the chin and includes the mouth, nose, cheeks, and eyes b : the face as a means of identification : countenance would know that ~ anywhere

So thats the choice we face the past, or the future. And America is what it is today because we have always placed our bets on the future. Thanks, and have a great weekend.
always \'l-wz, -wz, -(")wz also '-\ adv [ME alwayes, fr. alwey] (14c) 1 : at all times : invariably 2 : forever perpetually 3 : at any rate : in any event as a last resort one can ~ work thanks \'tha(k)s\ n pl [pl. of ME thank, fr. OE thanc thought, gratitude; akin to OHG dank gratitude, L tongre to know] (bef. 12c) 1 : kindly or grateful thoughts : gratitude 2 : an expression of gratitude return ~ before the meal often used in an utterance containing no verb and serving as a courteous and somewhat informal expression of gratitude many ~

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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, DC In this weeks address, President Obama called on all Americans to place 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 investing in 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, including signing Wall Street reforms to stop traders from unfairly manipulating the energy market, and establishing historic fuel economy standards that will nearly double the efficiency of the vehicles we drive, saving families $1.7 trillion at the pump 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 only 2% of the worlds proven oil reserves, drilling alone is not a solution. We must have an allof-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. If you believe Congress should end

these 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 Obama Weekly Address The White House Saturday, March 17, 2012 Hi, everybody. As Im sure youve noticed over the past few weeks, the price at your local pump has been going up and up. And because its an election year, so has the temperature of our political rhetoric. What matters most to me right now is the impact that rising prices have on you. When youve got 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 is taking when it comes to energy most 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. Unrest in the Middle East can tighten global oil supply. Growing nations like China or India adding cars to the road increases demand. But one thing we should control is fraud and manipulation that can cause prices to spike even further. 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 because of 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 prevent traders from manipulating the market. So its not just wrong, but dangerous that some in Congress want to roll back those protections and return to the days when companies like Enron could 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, were still giving them $4 billion of your tax dollars in subsidies every year. Your member of Congress 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 a fossil fuel from the last century, or they can place their bets on Americas future. So make your voice 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 gas prices. There just isnt one. Anyone who tells you otherwise any career politician who promises some three-point plan for two-dollar gas theyre not looking for a solution. Theyre just looking for your vote.

If were truly going to make sure were not at the mercy of spikes in gas prices every year, the answer 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 weve opened 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 of the worlds oil, but still only have 2 percent of the worlds known oil reserves. If we dont develop 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-theabove strategy. As we develop more oil and gas, were also developing wind and solar power; biofuels, and next-generation vehicles and thousands of Americans have jobs right now because of it. We need to keep making those investments because I dont want to see those jobs 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 of the next decade, our cars will average nearly 55 miles per gallon. Thats nearly double what they get today. That means youll only have to fill up every two weeks instead of every week. And that will save the typical family more than $8,000 over the life of the car just by using less gas. Combined, these steps have helped put us on a path to greater energy independence. Since I took office, Americas dependence on foreign oil has gone down every single year. In 2010, for the first 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 we face the past, or the future. And America is what it is today because we have always placed our bets on the future. Thanks, and have a great weekend.
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