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View Full Version : Oil and gas production just keep falling under Obama



red states rule
10-13-2012, 05:59 AM
If you voted for Obama, or plan on voting for him in Novemeber I hope you are enjoying the benefits of his energy policy

As winter comes, heating costs are going to increase as the price at the pump continues to head north

and we can thank the Bamster and his desire to force Amercia to go "green"





snip
In reality, data shows that oil and gas production is actually falling on federal lands. Offshore oil production was the lowest since 2008 (http://www.eia.gov/totalenergy/data/annual/pdf/sec5_9.pdf), and natural gas production on federal lands was the lowest since 2003 (http://www.eia.gov/totalenergy/data/annual/pdf/sec1_31.pdf). Coal production on federal lands has fallen as well. Coal production was the lowest since 2006 (http://www.eia.gov/totalenergy/data/annual/pdf/sec1_31.pdf). Energy Information Administration also reports that 2011 had the highest average price for gasoline in U.S. history (http://www.eia.gov/totalenergy/data/annual/pdf/sec5_59.pdf), and 2009-2011 has seen the highest average real electricity prices (http://www.eia.gov/totalenergy/data/annual/pdf/sec8_39.pdf) since the early 1990s.

What the record shows is that energy production is happening in spite of the president’s polices, not because of them. Instead, the federal government’s policy has been to restrict access to the 2.46 billion acres of onshore and offshore energy lands—lands that hold the greatest untapped resource potential—thereby denying their use to the people who own these resources

http://www.eia.gov/totalenergy/data/annual/pdf/aer.pdf