Wait, I Thought Obama Was Killing U.S. Oil, Gas Production?!?

Sunday, November 20, 2011

Wait, you mean President Obama isn't killing U.S. oil production? In fact, according to US Energy Information Administration statistics, U.S. oil production actually fell by about 1 million barrels per day while George W. Bush was in office, and now has risen by nearly 1 million barrels per day since Barack Obama's been in the White House? Fascinating, huh? Oh, and U.S. oil company profits are through the roof, with the supposedly anti-oil president in the White House. Hmmmm.Now, check out the "flip" for the story on natural gas. Hint: it's not what you'll hear from Faux, Rush, etc.
UPDATE: Also note that EIA forecasts U.S. domestic crude oil production to increase again in 2012, by about 230,000 barrels per day. D*** Obama!!! LOL
There's More... :: (4 Comments, 57 words in story)

That's right, according to EIA statistics and forecasts, U.S. natural gas production was up just slightly from 2001 to 2008, when George W. Bush was in charge, but has jumped since Barack Obama took office. Again, that's not the narrative you'll hear on the "we report, you decide" network! Go figure.