Friday, March 02, 2012

White House Says Dependence on Foreign Oil Has Reduced Under Barack Obama, BUT Doesn't That Make Domestic Production More Important?


Gas prices are skyrocketing and have sucked billions out of the economy since President Barack Obama was elected.

And, it appears the Obama administration doesn't mind the high gas prices, based upon comments from his Secretary of Energy.

However, with an election coming soon, the White House released the above graph to imply President Obama has helped reduce America's dependence on foreign oil since being elected.

Leaving aside it has been going down even before Obama, we asked our friends at the White House a simple question.

If dependence on foreign oil has reduced, does that mean dependence on domestic production has increased?

The obvious answer is yes.

But, from blocking the Keystone Pipeline and to environmental regulations, what has President Obama done to seriously increase domestic oil production?

Anyone?

Creating alternative energy resources may or may not make a difference in the long-term, but unless the United States has declared they will stop using gasoline or jet fuel, there will continue to be a need for oil.

And, how did President Obama actually reduce dependence on foreign oil?  How should he get credit for that while not taking blame for gas prices?

25 comments:

Anonymous said...

It would, if the domestic production was used for domestic supply rather than shipped overseas to maximize profit for the oil company fat cats. I must admit that does benefit me, because we have a nice chunk of Exxon that has ALWAYS paid good dividends. Even in the middle of the Exxon Valdez disaster, etc.

You mention the Keystone Pipeline. Did you notice that Biggert and Hultgren BOTH voted against an amendment that would have approved the pipeline, as long as the oil from it was used in the U.S. to further reduce our dependence on foreign oil?

Anonymous said...

More lies from the black house! This guy is so full of commie bullshit. Looks like Ms. Fluke got caught trying to set up a sting with obummer the devils advocate. Ha Ha. Maybe george stupidopoulos has another assignment. Should be embarresed by this one.

Anonymous said...

Are you commenting about the pipeline vote by Biggert and Hultgren? Look it up. It's a matter of record. No lies there.

On the Fluke issue, that's a totally different subject. In that case, what she said was very reasonable, and pointing out that birth control pills are often used to treat medical issues, not just as contraceptives. It really shows the true nature of the Republicans when they start off w/ an expert panel on the subject of contraceptives, w/ no women on it, and bar the only one who's there. THEN Rush Limbaugh, being himself, tries to silence her w/ disgusting insults and distorts what she said, because that's all he knows how to do. He's all about silencing women, disabled (remember when he made fun of Parkinson's patients?), anybody but himself. But then again, he probably doesn't even believe 90% of the hatred and filth that spills out of his mouth, he's all about calling attention to himself and getting ratings. THIS is where you'll find the lies.

Anonymous said...

I have a few word on the price of fuel it is because of wall street speculation and that is the facts..

Anonymous said...

10:01 I agree that is a very big part of the problem, but I still maintain the greed of the oil companies, putting their profits ahead of our country by shipping our oil overseas, is a big part of it as well. All oil drilled in the U.S. should stay in the U.S. until we no longer need to import; then we can start exporting again.

Anonymous said...

And I'll add that no new lands should be opened up for drilling until the oil companies either drill on the lands they already have leases for, or they give up those leases.

Anonymous said...

If Obama can just get the price of gasoline high enough he can reduce our foreign dependence even more..what logic from a bunch of people trying to wreck the county. How are all you hopey changy voters going to get to work then?

Anonymous said...

Just like unemployment went down, when the real rate is closer to 19% because of people who have given up looking. More smoke and mirrors from the Liar and Chimp.

Anonymous said...

When you get down to it, the President (including Bush) really has very little control over gas prices. Congress can do more to control prices than the President. I guess he could easily have direct control by issuing an executive order setting maximum prices -- which the same people on here blaming him for prices would blast him for, Congress would fall all over themselves passing resolutions, and the oil companies would file lawsuits which would be upheld by the courts.

And no one is trying to wreck the country.

Anonymous said...

You know, 7:08, you go ahead make a potentially valid point, then throw it out the window and destroy your credibility w/ a hateful racist attack. You could have stopped w/ the word Liar and have made your point, reasonably well. But you just had to add two more words to turn your post into a racist attack, thereby nullifying the rest of your post.

Anonymous said...

Fluke is a slut pure and simple. Slut has had more customers than McDonlds.

Anonymous said...

Hey 1:03 even Limbaugh has now admitted she's not. And since you've never met her, you have no way of knowing. Or is just spewing stuff you know nothing about just your style, like Limbaugh's?

Anonymous said...

I can't believe there are people (quite a few obviously) that think if the oil comes out of the ground in America, it stays in America. We could drill to hell and back and maybe drop the cost of a gallon of gas about ten cents.

And there is MORE drilling now under Obama than under Bush. My lefty-green friends aren't happy with him about that.

And yes, Wall Street has a big influence on the price of a gallon of gas - and so does the federal reserve, which prints money like it has good sense.

Anonymous said...

Y'ALL better check your retirement accounts and see just how much oil stock they hold before condemming the oil co. You could be biting the hand that feeds you. It may take a little digging into your mutual funds but I would venture to say that a lot of you own oil stock and do not even know it.

Anonymous said...

6:32 I don't have to check, we DO have Exxon in our portfolio, and it's ALWAYS paid a nice dividend, even during the years after the Exxon Valdez disaster and other times when the oil companies were crying about any proposal to curtail their activity. And I am one of the above calling for domestic production to stay in the USA. Basically, I'm calling out the fallacy that increased domestic drilling will decrease our dependence on foreign oil if we leave it in the hands of the oil companies. Remember TARP, designed and implemented by the Bush administration, that gave the banks money intended to make more money available for loans but didn't put that part in writing? The banks used that money for mergers, acquisitions, and executive bonuses. If we allow increased domestic drilling, a written part of the leases, permits, and other paperwork has to be a requirement for the oil to stay in the USA. THAT will reduce our dependence on foreign oil.

Anonymous said...

A rapid increase in the use of lng or cng would also reduce our dependance on foreign oil but the crooks in washington are still trying to line up their investments in these companies so they get the most profit for themselves. Therefore it will still be awhile until that happens and when it does non other than T BONE PICKENS AND GEORGE SOROS will make a killing along with every politician in Washington. IF you want to make a law to keep more oil in the country than you should also support a law that totally bars washington politicians from investing in LNG or CNG. That includes the DEVILS ADVOCATE WHO IS LEADING THE PARTY OF DEATH.

Anonymous said...

"DEVILS ADVOCATE WHO IS LEADING THE PARTY OF DEATH."

I absolutely agree that Boehner should not be allowed to invest in energy ventures.

Anonymous said...

Let's not forget the Monkey gave half a billion to Solyndra after they spent 2 million lobbying him. And let's not forget the Monkey stole form GM's bondholders to give to his union buddies.

Anonymous said...

Hey der hows that Chevy Volt doin? More of the idiots leadership!

Anonymous said...

Dependence on foreign oil reduced? Great ! now we can explore alternative energy.

What's with the love of oil?

Anonymous said...

Fluke was an operative for the DNC:

Did the congresswomen who pushed Fluke’s testimony coordinate with a marketing and polling outfit that recently conducted a survey to determine whether contraception mandates can become a possible presidential election issue?
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According to some reports, it was Rep. Carolyn Maloney, D-N.Y., who pushed for Fluke’s testimony. Maloney also initiated the call for Fluke to sue Rush Limbaugh for his on-air derogatory remark about Fluke, according to the Daily Beast.

Maloney is tied to a progressive pollster, Celinda Lake, who recently ran extensive polling in an effort to gauge voters’ reactions to including birth control or contraception in insurance coverage.

Anonymous said...

It doesn't matter who invited Fluke, or asked her to testify. The remarks she made were actually not that controversial (basically that birth control pills are used for medical conditions and things other than contraception) and would have probably faded away if Limbaugh hadn't gone way over the line w/ deliberately insulting and untrue comments. And I mean even for him. So if you think this is some kind of DNC conspiracy, then Limbaugh had to have been part of that conspiracy. I think not.

Anonymous said...

Why can't she just keep her ankles crossed? You can't make spit babies either...

Anonymous said...

I think it would be alright to give contraceptives to any demonrat that wants them. Maybe the RNC could fund that. Also, any demonrat or minority who wants an abortion could be paid for by the money that was given to Solyndra, when we sue them to get it back. In no time we won't have to worry about wrong minded people, they will be extinct.

Anonymous said...

Oh, 8:07, are you about to pass away? Of course all this talk about contraception that 3:33 triggered is completely off the topic of foreign oil, but as long as we're going there ... I think it's hilarious that this is supposedly an argument about "freedom of religion", when it isn't. Or to be precise, it's about the freedom of religion of the church beaurocracy, and NOT the freedom of religion of the church workers. The Catholic CHURCH is all up in arms about this, but the majority of the Catholic PEOPLE support contraception. In one survey they found that 98% of Catholic women either were currently or in the past using some form of contraception.