Saturday, March 17, 2012

Obama falsely claims credit for increased oil production

Updated on 3/22/12:
Discovered & corrected an error in the calculations.
Revised the numbers & charts accordingly.

Click here and examine the laughably dishonest claims from Obama & crew regarding increased domestic oil production.

The data cited are correct. But, not only did Obama have nothing to do with these gains, he did nothing but constrain that growth.

1) The large majority of the growth took place on private land. What, exactly, has Obama done to increase oil production on private land? NOTHING! To the contrary -- in addition to all the harm he has already done, Obama now wants to increase taxes on all oil producers. Anybody think THAT will increase domestic oil production?

2) The increased production on Federal and Indian lands during 2009 & 2010 resulted from leases granted under Bush 43.

3) In 2011 -- thanks to Obama -- oil production on Federal and Indian lands DROPPED by 13%!

4) Click here and examine enormous opportunities (most of it on Federal lands) which the Obama administration has refused to allow to be developed.

Comparing 2011 to 2008,
Click the image to enlarge it:
Click the image to enlarge it

From 2010 to 2011, thanks to Obama,
production on Federal land has DECREASED.
Click the image to enlarge it:
Click the image to enlarge it

Click here and here for the source data.
Hat tip to commenter known as RICH.

2 comments:

Paul said...

Your blog is superb! I haven't found alot of this info on oil production anywhere else.

SBVOR said...

Paul,

Thanks! Spread the word!

I must (once again) give credit to the commenter known as RICH (see the hat tip link at the bottom of the post). RICH was the one who found the most critical data presented in this post.

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