OBAMA ROLLS OUT PLAN to cut oil imports. Highlights:

The president's proposal relies primarily on increased domestic production, conservation and a shift to biofuels and natural gas.

Hmm. Domestic production. Is there somewhere in the United States that hasn’t been put off limits? Conservation. Voluntary ... or mandatory by way of taxation? Biofuels? Not unless starvation is an option.

The president also announced that he is directing the federal government to ensure that all its vehicle purchases are alternative fuel, hybrid or electric cars by 2015.

And the higher taxes that go with them.

Higher fuel efficiency standards for cars will be announced this fall ... [and] a new fuel efficiency standard will be proposed for heavy-duty trucks, he added.

Better plan on driving that clunker into the ground - if you didn't fall for "cash for clunkers."

"The United States of America cannot afford to bet our long-term prosperity and security on a resource that will eventually run out."

Any resource will run out if you don’t produce more.

"[D]rill baby drill" -- a reference to the push for more domestic oil drilling -- would do little to provide short-term price relief.

But if we’d started 20, even 10 years ago?

Obama ripped GOP budget proposals that would strip money away from his renewable energy agenda.

I’ll believe in renewable energy when it can be shown to be both reliable and cost-effective. Until then ....