Speaking to the American people from Indianapolis, Indiana, President Obama said that clean energy companies like Allison Transmissions will keep the economy growing, create new jobs, and make sure America remains the most prosperous nation on Earth. Clean energy is also part of the ultimate solution to high gas prices. Until we reduce our dependence on oil, we will be held hostage to the ups and downs of the oil markets. That means we need to continue to invest in clean, alternative sources of energy – like advanced biofuels and natural gas – and more efficient cars, buses and trucks. See an infographic explaining the President's short and long term approach to high gas prices HERE.
The clean energy jobs at this plant are the jobs of the future – jobs that pay well right here in America. And in the years ahead, it’s clean energy companies like this one that will keep our economy growing, create new jobs, and make sure America remains the most prosperous nation in the world.
Allison Transmissions is also part of the ultimate solution to high gas prices. We know there are no quick fixes to this problem. In the short term, we’re doing everything we can to boost safe and responsible oil production here at home – in fact, last year, American oil production reached its highest level since 2003.
But over the long term, the only way we can avoid being held hostage to the ups and downs of oil prices is if we reduce our dependence on oil. That means investing in clean, alternative sources of energy, like advanced biofuels and natural gas. And that means making cars and trucks and buses that use less oil.
Other countries know this, and they’re going all in to invest in clean energy technologies and clean energy jobs. But I don’t want other countries to win the competition for these technologies and these jobs. I want America to win that competition. I want America to win the future.