There's A U.S. Energy Boom, No Thanks To Obama

IBD via Instapundit

This chart shows a strong correlation between our economic troubles and our dependence upon foreign oil.  It corresponds very closely to my finding that the US GDP per capita in terms of gold peaked in 1968

source: IBD

It could be something of a paradox explained for why gold prices are not advancing in spite of the monetary expansion.  Gold prices could be going up, as well as the general price level, if that BTU chart was going down like it was for more than 30 years.  Putting it another way,the US dollar is being saved in spite of Obama's insistence upon killing it.

Incidentally, this isn't a partisan attack.  The bias has been against oil production for the last 40 years.  Something changed in the early 2000's, wouldn't you say?