Friday, March 16, 2012

Drilling is up, eh? | Nealz Nuze | www.boortz.com

Drilling is up, eh? | Nealz Nuze | www.boortz.com


Drilling is up, eh?


Caesar Obammus stepped up his rhetoric on oil production and gas prices. Rightly or wrongly, the American people are blaming Obama for the cost of their latest fill-up. So Obama’s solution? Mislead the American people and pepper them with over-the-top rhetoric. For example, yesterday he tried to emphasize his (non-existent) drilling record: "So do not tell me that we're not drilling. We're drilling all over this country. There are a few spots we're not drilling. We're not drilling in the national mall. We're not drilling at your house.”
Clever. But unfortunately those are not the facts. Just last weekend, Obama addressed the nation and stated that “[u]nder my Administration, oil production in America is at an eight-year high. We’ve quadrupled the number of operating oil rigs, and opened up millions of acres for drilling.”
Once again, let’s dispel these myths. (Myths, hell. They’re lies.)
Oil production is at an eight-year high?
The US Energy Information Administration has finally put this one to bed. After looking at data from 2003 to 2011, production on federal lands under Obama was lower than all but one year of the Bush administration, and it hit rock-bottom in 2011. In fact, production dropped by 6% from 2010-2011 to its lowest level in nine years.
We’ve quadrupled the number of oil rigs?
I guess it is easy to claim that you’ve increased something, when you literally put a halt to it early in your administration. In 2010, after the BP oil spill, take a look at this gimmick pulled by the Obama administration … from the Institute of Energy Research, “The Obama administration would like you to think that major strides have been taken to increase drilling in the Gulf of Mexico. But, that is hardly the case. The administration has been touting the four drilling permits it has issued, but in reality, but these are not new permits—they have only reissued four permits that it suspended last year.” Also remember that the Obama administration held just one offshore lease sale in all of fiscal year 2011. President Bush’s energy plan called for five.
We’ve opened up millions of acres for drilling …
Under Caesar Obammus, the federal government has leased less than half of the offshore acres that President Clinton did. In 2010 the federal government issued the lowest number of onshore leases since 1984. Our Dear Ruler is also blocking access to 19 billion barrels of oil in the Pacific and Atlantic coasts and the eastern Gulf of Mexico, another 10 billion barrels estimated in the Chukchi Sea off the Alaskan coast, and another 10 billion barrels of oil in the Arctic National Wildlife Reserve.
You are being conned.

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