Protesters assembling for Obama’s visit lobbied both sides of the issue. While one group pushed for the Keystone XL’s northern leg to move forward, another opposed the pipeline, saying it threatened Native American sacred sites and the environment.
More from the president’s Cushing speech:
“Anybody who suggests we’re suppressing domestic oil production isn’t paying attention. They are not paying attention.
“Anybody who says just drilling more gas and more oil by itself will bring down gas prices tomorrow or the next day or even next year, they’re also not paying attention. They’re not playing it straight, because we are drilling more, we are producing more, but the fact is producing more oil at home isn’t enough by itself to bring gas prices down.
“The reason is we have an oil market that is global – that is worldwide. I’ve been saying for the last few weeks … we use 20 percent of the world’s oil – we only produce 2 percent of the world’s oil.”