SEARCH BLOG: OBAMA and OIL
The increase in domestic drilling was almost entirely in areas for which the Obama administration exercised no authority, as oil production on federal land declined by 11 percent in fiscal year 2011, according to a study by the Institute on Energy Research (IER), a free-market energy think tank. But oil production on state lands increased that year by 14 percent and increased by 12 percent on private lands.
Increases? Yes. His doing? No.
About a year ago, the headlines read:
Published: Monday, February 28, 2011, 9:05 PMYou should remember that during the time when the Obama administration was dragging its collective feet, China and Cuba were doing the drilling dance not far from U.S. shores.
But, you say, the Obama administration was simply being responsible. When the time was right, the Obama administration acted decisively to ensure a new flow of oil for the country.
Eh, not exactly.... From one week earlier:
By DARREN GOODE | 3/11/11 4:55 PM EDT
Former President Bill Clinton said Friday that delays in offshore oil and gas drilling permits are “ridiculous” at a time when the economy is still rebuilding, according to attendees at the IHS CERAWeek conference.Oh, but that was so last year!
True, Obama has had a chance to change directions and make the U.S. less dependent on oil from OPEC.
January 18, 2012But one has to admire Obama for being consistent about his anti-oil policies.
Besides, the economy is recovering. What's the big deal? Well, oil prices are up from $33.07 in January 2009 when Obama took office to...
Gas prices rise to average $3.65 a gallon, a record for this time of year. Obama dismisses GOP plans to lower gas prices as 'bumper sticker' answer.
Oil prices are approaching last year's highs as tensions increase over Iran's nuclear program. The rise pushed gasoline prices Friday to a national average of $3.65 a gallon, the highest ever for this time of year.The most recent innovation of the Obama administration to ensure no lessening of foreign oil dependency is aggressive regulation.
Now we understand. It is not necessary for the U.S. to increase its own supply of oil because those are "bumper stick" solutions to high gasoline costs in the U.S. which is the result of the fear of not having enough oil because of actions by countries like Iran on whom the West is dependent for some of its oil.
Energy - Obstructionism As Policy