Last night in his SOTU Address (transcript here) Barack Obama told Americans that oil production is the highest it’s been in eight years.
Nowhere is the promise of innovation greater than in American-made energy. Over the last three years, we’ve opened millions of new acres for oil and gas exploration, and tonight, I’m directing my Administration to open more than 75 percent of our potential offshore oil and gas resources. Right now, American oil production is the highest that it’s been in eight years. That’s right – eight years. Not only that – last year, we relied less on foreign oil than in any of the past sixteen years.
Now lets look at the facts.
The AP reported:
Imports have dropped over the years, especially from oil-rich Middle Eastern countries. But the president’s assertion that foreign oil imports are the lowest in the past 16 years may not completely be true. The United States imported more petroleum in 2010 than it did in 2009, according to the EIA. And total imports in 2010 – including that of oil and coal – were lowest in 13 years.
And the American Petroleum Industry explains that the production gains the country is seeing now date to a process that started up to a decade or more ago.
More from Energy Tomorrow: This timeline also has implications for future production, given current federal data that show leasing acreage on federal lands at its lowest point since 2001 – declining from 47 million acres in 2008 to 38 million acres in 2011 – and that the number of leases in effect also has declined.
And after he nixed the Keystone Pipeline last week it should be evident to everyone that Barack Obama is no friend of American energy producers and could care less how his energy decisions affect the middle class.
UPDATE: The Institute ot Energy Resources has more on Obama’s dishonest speech.
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Published May 23, 2012 at 4:57 am - 67 Comments
pagar commented:
All numbers from the Obama Regime appear to be fudged. They release numbers one day and later they get revised. Accuracy seems to have no meaning to them.
Plus the numbers take forever to accumulate. Look at highway deaths for example. Each state know exactly how many people died in highway deaths yesterday. The numbers are forwarded to the federal government and a year and a half later the federal government will issue figures that will later be revised.
NHTSA 05-11
Friday, April 1, 2011
“DOT Estimates Three Percent Drop Beneath 2009 Record Low”
http://www.nhtsa.gov/PR/NHTSA-05-11
Why do deaths have to be estimated? They have occurred, the exact number is known to authorities at the end of each day. The numbers are forwarded to the federal government each day. Have the computer add them up and publish them the next day.
Steve commented:
We have Indiana GOV Mitch Daniels GOP Response to the State of the Union Address posted on CC now…
http://commoncts.blogspot.com/2012/01/video-in-governor-mitch-daniels-gop.html
John Fembup commented:
Actually, that’s a better explanation than the one that occurred to me.
When Obama made his claim, I immediately thought of the aftermath of Hurricane Katrina in September 2003. One of the results was to lower oil production in the Gulf, during the months and years that followed. So to compare current production to “8 years ago” rigs the statistic.
I still think my observation is true. But I still like your explanation better.
#1AMERICAN commented:
where are the re-buttals to all his lies…ever day boner should be on TV talking about odumb$hits lies…GOP has zero balls
Opus#6@AmericanPerspective commented:
So Bush did it! No wait, if it is something good, don’t blame Bush.
CR commented:
I’m wondering what “American-made energy” means. I just looked at some electrons from a wall outlet and they are not stamped with Made in USA. Oh wait, I must have changed the outcome by observing them. Damn, I guess there’s no way to verify that one, as usual.
So, we have more oil? Is that why gas prices are so high? My electric bill is sky-high because we have more energy, right? Silly me, I thought supply and demand worked the other way around. It’s just more of the typical BS propaganda from B. Hussein Obama that the MSM won’t question. One can hope the GOP nails him to the wall about his constant lies, but I won’t hold my breath.
Jimmer commented:
How can someone deny starting new projects because it won’t bring new oil to market for 10 years and then claim responsibility for the benefits of projects that started 10 years ago? It isn’t stupid of Obama; it’s stupid of we the people if we believe it.
Beef commented:
Obama lies, like Clinton did, because he can.
A democrat President can make any claim, because the mainstream media will not challenge it, no matter ho absurd it is.
For Obama to claim credit for anything achieved by the Energy business that he has waged war on for three years is the absolute height of arrogance.
It is the job of the Republican candidates to eviscerate these lies.
Dwight commented:
It all comes down to one word, TRUST. You can not trust Obama or anything he says.