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On Tuesday, President Obama announced a historic fuel-efficiency program that will save American families $1.7 trillion in gas prices and reduce consumption by 12 billion barrels by 2025. But this announcement wasn’t just about efficiency and cost savings; it is part of the President’s effort to spur investment in innovation and technology to create jobs.

Earlier today, President Obama announced new fuel efficiency standards that will save businesses roughly $50 billion between 2014 and 2018 by lowering fuel costs for commercial vehicles. Starting three years from now, work trucks, buses, and other medium- and heavy-duty vehicles will be required to meet these new standards for efficiency and greenhouse gas emissions.

For President Obama, clean energy isn’t merely a buzz-word or pipe dream. It’s a central part of his strategy to help our country recover from the Great Recession and remodel our economy as an energy and technology powerhouse.

Today, 30 government agencies released initial plans for reform that could save billions of dollars and jumpstart industries and entrepreneurship across the country.

Fifty years after that famous "moon shot" speech, Vice President Biden asked an audience at the John F. Kennedy Museum and Library in Boston to imagine America's potential as a 21st-century innovator.

With gas prices exceeding $4 per gallon throughout the country, Senate Democrats are fighting to make sure that taxpayers trying to fill their tanks are getting a fairer shake -- instead of also subsidizing the oil companies raking in record profits from the high prices. This week, the Senate is poised to vote on a measure that would eliminate $21 billion in tax breaks over 10 years for major oil and gas companies.

In his weekly address the President lays out his strategy to expand responsible and safe oil production in the United States: