According to a Daily Briefing by Press Secretary Jay Carney and Senior Advisor to the president John Podesta on May 5, 2014, "the United States is now the largest producer of natural gas in the world and the largest producer of gas and oil in the world.  It's projected that the United States will continue to be the largest producer of natural gas through 2030.  For six straight months, we've produced more oil here at home than we've imported from overseas."

"We've added 133,000 jobs in the last three years in the oil and natural gas extraction sector, and those numbers are projected to continue to grow.  But at the same time as we've been producing more oil and natural gas at home we're cutting our energy usage dramatically, improving energy efficiency.  That's part of what the President means when he says that we have an “all of the above” energy strategy, trying to produce more domestic energy but also using it in a much more efficient way."

You can view the entire article here: http://www.whitehouse.gov/the-press-office/2014/05/05/daily-briefing-press-secretary-jay-carney-and-senior-advisor-president-j

"The efficiency standards like the fuel economy standards finalized in 2012 are driving down the amount of energy necessary to produce a dollar’s worth of goods or services.  Consumption of gasoline is well below the expected trend lines that you can see from 2006 and even 2010.  That's expected — as the energy efficiency standards come into place that go out to 2025, that's expected to save consumers $1.7 trillion."
"And we're evolving a cleaner overall energy mix even as we boost domestic oil and natural gas production and improve efficiency.  Renewable energy is on the rise — it's some of the fastest-growing part of our energy mix.  Cleaner burning natural gas is the only fossil fuel that's growing as a share of the energy mix."
"These trends will keep the United States’ economy competitive.  They’ll keep the U.S. economy growing.  They’ll help us achieve the President’s goal of reducing greenhouse gas emissions in the range of 17 percent below 2005 levels by 2020." said John Podesta.