Sunday, April 15, 2012

Coming Up Empty: Obama deserves little credit for expanded energy production

freebeacon.com  h/t redstate

excerpts:

  • The administration’s latest attempt to claim it is expanding oil production came from the Department of Interior. The agency recently announced a new program to streamline and automate permit applications for oil and gas drilling.
  • But the pilot project was originally created by a provision in a 2005 Republican-sponsored energy bill. Not only that, but the administration has spent the last four years trying to repeal portions of it.
  • This isn’t the only energy project the president has attempted to take credit for in recent months.
  • President Obama has been emboldened by liberal journalists and commentators who have defended the administration’s energy record. 
  • What TPM’s chart shows, however, is that the industry was climbing during the recession, which began in 2007, only to decline after Obama took office.
  • Fossil fuel production on federal lands has also dropped significantly during the Obama administration.

Comment:

What amazes me is that Obama seems to be benefiting from this.  Polls had him leading Romney on the issue of Energy.  How can that be?  It has to be the media and the public not paying close attention.  It is a troubling thought that a politician can take credit for something good in which he opposes.  At the same time, the public suffers through higher prices because of these very same policies.  Maybe you really can fool all the people all of the time!  ( hope that's wrong)

No comments: