At a press conference today, President Obama outlined the benefits of domestic oil and gas production, noting that developing our resources at home is far better than importing oil and gas from other countries.

As he said in his remarks,

“U.S production of oil and natural gas is important.  I would rather us, with all the safeguards and standards that we have, be producing our oil and gas rather than importing it, which is bad for our people, but also potentially purchased from places that have much lower environmental standards than we do.”