CNNW CNN Newsroom March 29, 2012
billions in tax give aways every year. now i want to make clear. we know drilling for oil has to be a key part of our overall oil strategy. we want u.s. oil companies to be doing well. we want them to succeed. that's why under my administration, we have opened up millions of acres of federal lands and waters to oil and gas production. we have quadrupled the number of oil rigs to a record high. we have added enough oil and gas pipeline to circle the earth and then some. just yesterday we announced the next step for potential new oil and gas exploration in the atlantic. the fact is we'...