President Barack Obama is doubling down on the administration’s plan to reinvest federal oil-and-gas drilling revenues into next-generation alternative energy technology, unveiled during his State of the Union address last February.

“After years of talking about it, we’re finally poised to take control of our energy future,” Obama said in his weekly address on Saturday, comparing recent increases in gasoline prices “to getting hit with a new tax” at a time when American’s can least afford it.

“The only way we’re going to break this cycle of spiking gas prices for good is to shift our cars and trucks off of oil for good,” the president added.