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Gasoline went up another penny and a half overnight the national average is now three dollars 62 cents a gallon that is 32 cents higher than just a month ago.
Crude oil futures were down a half dollar closing at just over nine -- seven dollars a barrel.
Well last night President Obama painted a positive picture of America's energy situation.
The chief national correspondent Jim Angle looks at what the president said.
And what he did.
The president seemed to lay out conflicting goals in his speech he wants to increase production of oil and gas on federal land.
But only as a way of eliminating the need for it I propose we use some are oil and gas revenues to fund an energy security trust that will drive new research and technology.
To shift our cars and trucks off the world for good at the same time though the president praised the reason move -- oil and gas production pledging to make it easier for producers to drill on federal land my administration will keep cutting red tape and speeding up.
New oil and gas permits actually speeding up permits could be a major change in policy since the Obama administration has been steadily reducing them.
Over the past four years the leases and permits on federal -- United States onshore.
Have gone down over 30% to 96% of the movement production has been on state or private land and where drilling is vigorous so his job creation.
One of the president's other priorities in North Dakota presidency unemployment rate is 3.2.
In part because it -- so much faster than the administration.
It takes ten days to get a permit to drill in North Dakota.
And it takes 307.
Days on average.
Plants if the administration move faster critics see huge jobs potential.
If we opened up these federal lands to energy production.
We would have two million more jobs in the next thirty years yeah.
Both sides were concerned the president didn't even mention the keystone XL pipeline last night and he issued this -- Byron medalist from some unions which -- keystone XL create some 20000.
High paying jobs.
Those are shovel ready jobs Paulie has to do is.
Pencil in his signature and they will go to work.
The president did give a nod to environmental -- promising to act on what he described as the dangers of climate change.
If congress won't act soon to protect future generations.
I will leave DA had been investigating what is known as fracking but that's primarily responsible for the -- -- natural gas the president cheers.
In fact 70% of the natural gas resource that we now know loving the United States is dependant up on this technology.
As -- -- illustrates analysts have all -- say no single policy could create more jobs.
That opening up federal lands to energy development.
Read more on this of the panel Jim thanks.
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