Oil Foibles and Obama
Posted by madjillmom on February 24, 2012
Old Spin:
Democrats have told us for years that we cannot drill our way out of this mess. Drilling in ANWR (Alaska National Wildlife Refuge) is not the answer because it will take years (6 to 10) before that oil is on the market pulling the price of gasoline down. This has been on of the reasons given for twenty years. A similar meme is spouted as a reason not to build the XL Pipeline. It won’t do anything in the short-term.
New Spin:
PresBO and his Minions tout the fact that US oil production has grown since he has been president. This includes the time of moratorium in the Gulf of Mexico.
Truth: It does take several years to get the oil to market through state and national permitting. So the increase in production is due to the Bush Administration. Plus there is no increase in oil production on land controlled or owned by the US. This the stuff that is controlled by the Obama administration. The increase in production is on state controlled and private land.
In the PresBO alternate reality, he and his administration take a victory lap and slip on a little oily spot.
This entry was posted on February 24, 2012 at 2:04 pm and is filed under Pres. Barack Obama, The Economy. Tagged: Alaska National Wildlife Refuge, Gasoline, Oil, XL Pipeline. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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