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Wait, I Thought Obama Was Killing U.S. Oil, Gas Production?!?

by: lowkell

Sun Nov 20, 2011 at 12:42:20 PM EST



Wait, you mean President Obama isn't killing U.S. oil production? In fact, according to US Energy Information Administration statistics, U.S. oil production actually fell by about 1 million barrels per day while George W. Bush was in office, and now has risen by nearly 1 million barrels per day since Barack Obama's been in the White House? Fascinating, huh? Oh, and U.S. oil company profits are through the roof, with the supposedly anti-oil president in the White House. Hmmmm.

Now, check out the "flip" for the story on natural gas. Hint: it's not what you'll hear from Faux, Rush, etc.

UPDATE: Also note that EIA forecasts U.S. domestic crude oil production to increase again in 2012, by about 230,000 barrels per day. D*** Obama!!! LOL

lowkell :: Wait, I Thought Obama Was Killing U.S. Oil, Gas Production?!?

That's right, according to EIA statistics and forecasts, U.S. natural gas production was up just slightly from 2001 to 2008, when George W. Bush was in charge, but has jumped since Barack Obama took office. Again, that's not the narrative you'll hear on the "we report, you decide" network! Go figure.
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Just in case you're curious about coal... (0.00 / 0)
...see here for EIA data:

2000: 1,073.6 million short tons
2008: 1,171.8 million short tons
2010: 1,084.4 million short tons
2011: 1,082.6 million short tons

In other words, there's been very little change since 2000. In coming years, I wouldn't be surprised to see coal production fall, but that will be due to the boom in natural gas production, and massive fuel switching by utilities from coal to natural gas for economic reasons primarily.

Follow me on Twitter.


Also, renewables are growing fast (0.00 / 0)
Lowell, Thank You (0.00 / 0)
for the solid information from reliable, truly reliable sources.

A. Will Radle, Jr.
Creating a Culture of Listening


You're welcome. Not that it will counter (0.00 / 0)
all the lies the Republicans tell, but still it's important to get the FACTS out there for Democrats and independents.

Follow me on Twitter.

[ Parent ]
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The purpose of Blue Virginia is to cover Virginia politics from a progressive and Democratic perspective. This is a group blog and a community blog. We invite everyone to comment here, but please be aware that profanity, personal attacks, bigotry, insults, rudeness, frequent unsupported or off-point statements, and "trolling" (NOTE: that includes outright lies, whether about climate science, or what other people said, or whatever) are not permitted and, if continued, will lead to banning. For more on trolling, see the Daily Kos FAQs. Also note that diaries may be deleted if they do not contain at least 2 solid paragraphs of original text; if not, please use the comments section of a relevant diary. For more on writing diaries, click here. Thanks, and enjoy!

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