Today, in Delaware.
Still An Ass
And as the Secretary of Energy, Sam Bodman, told me coming in — he said, when he was — see, he’s like a graduate from MIT, which — so he’s a smart guy and I’m the President. But anyway — It’s the way it works sometimes, you know.
An Economic Effect On Or Economy
But we’ve got to understand that when the globe becomes interconnected economically, the demand increases in other countries can cause the price of oil to go up here, and it has an economic effect on our own economy.
That SOTU Hangover Is A Bitch
Secondly, if you’re dependent on oil overseas, it means that — and a hostile regime, a regime hostile to the United States produces that oil, you become vulnerable to the activity of a hostile regime. In other words, somebody doesn’t like us, they produce the oil, they decide to do something about it, they can affect us. That’s — when I talk about the national security risks, that’s what I mean. In other words, you don’t want your President sitting in the Oval Office worried about the activities of a hostile regime that could have all kinds of impacts on our security, starting with economic security.
We Were Keeping Our Gas In Those Buildings
Dependence on oil, as well, means that if a terrorist were able to destroy infrastructure somewhere else in the world, it’s going to affect what you pay for at the gasoline pump. In other words, as we learned, the terrorists attacked us in brutal ways; they attacked us by flying airplanes into our buildings.
Don’t Be A Talkerer!
And so we’ve got to do something about it. In other words, government has got to be more than just talkers, we got to be problem-solvers. That’s what the American people expect us to do.
I Have A Dream
We’re also spending money on wind and solar. As a matter of fact, I saw your solar panel expert. And we spent a little time on — here’s the dream. The dream is, some day the technology will be such that you’ll be — your house will become a little power generator. And if you use — if you got excess electricity generated by solar, you’ll be able to feed it back into your grid.
There’s More Advance Still To Be Done
As a matter of fact, the advance in solar technology has been quite dramatic. There’s more advance still to be done, which requires your money being spent to help concerns develop new solar energy.
He’s 60. He’ll Probably Be 75 In 15 Years
Just a couple of things that are happening that are interesting: One, we began a hydrogen initiative that — where a lot of smart folks are beginning to research whether or not we can power automobiles by hydrogen. We think it’s possible. But it’s not going to be possible until I’m 75, which is probably 15 years from now.
How Many Gas Milages Do You Have?
If you have an overall fleet CAFE standard, what ends up happening is, is that the bigger cars have lower gas mileages than they could otherwise, and the little cars have high gas mileages, which reduces the safety in the automobiles.