Research on oil

A “Use it or Lose It” Approach to Existing Oil and Gas Leases.
Obama and Biden will require oil companies to develop the 68 million acres of land (over 40 million of which are offshore) which they have already leased and are not drilling on.
Promote the Responsible Domestic Production of Oil and Natural Gas.
An Obama-Biden administration will establish a process for early identification of any infrastructure obstacles/shortages or possible federal permitting process delays to drilling in the Bakken Shale formation, the Barnett shale formation, and the National Petroleum Reserve-Alaska. « Return to New Energy for America
Create Millions of New Green Jobs
Ensure 10 percent of Our Electricity Comes from Renewable Sources by 2012, and 25 percent by 2025.
Deploy the Cheapest, Cleanest, Fastest Energy Source -- Energy Efficiency.
Obama and Biden will set an aggressive energy efficiency goal -- to reduce electricity demand 15 percent from projected levels by 2020.
Weatherize One Million Homes Annually.
Obama and Biden will make a national commitment to weatherize at least one million low-income homes each year for the next decade, which can reduce energy usage across the economy and help moderate energy prices for all.
Develop and Deploy Clean Coal Technology.
Obama’s Department of Energy will enter into public private partnerships to develop five “first-of-a-kind” commercial scale coal-fired plants with clean carbon capture and sequestration technology.
Prioritize the Construction of the Alaska Natural Gas Pipeline.
As president, Obama will work with stakeholders to facilitate construction of the pipeline. Not only is this pipeline critical to our energy security, it will create thousands of new jobs. « Return to New Energy for America
Reduce our Greenhouse Gas Emissions 80 Percent by 2050
Implement an economy-wide cap-and-trade program to reduce greenhouse gas emissions 80 percent by 2050.
The Obama-Biden cap-and-trade policy will require all pollution credits to be auctioned, and proceeds will go to investments in a clean energy future, habitat protections, and rebates and other transition relief for families.
Make the U.S. a Leader on Climate Change.
Obama and Biden will re-engage with the U.N. Framework Convention on Climate Change (UNFCC) -- the main international forum dedicated to addressing the climate problem. They will also create a Global Energy Forum of the world’s largest emitters to focus exclusively on global energy and environmental issues.