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Obama Pushes Natural Gas For US' Energy Future

Law360, New York (January 26, 2012, 9:05 PM EST) -- President Barack Obama said Thursday that he would back tax incentives and other programs aimed at encouraging natural gas development, fleshing out the domestic energy policy he hinted at in his State of the Union address earlier this week.

While speaking at a United Parcel Service Inc. facility in Las Vegas, the president told the crowd that American oil production is the highest it has been in eight years, while the U.S. relied less on foreign oil in 2011 than in any of the past 16...
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