March 8, 2013
DOMESTIC ENERGY BOOM HAPPENING IN SPITE OF, NOT BECAUSE OF, ADMINISTRATION POLICIES:
The study by the nonpartisan CRS concluded that while overall United States oil-and-gas production has increased since 2007, it has declined considerably on federal lands.
The findings play into GOP arguments that the domestic U.S. energy boom has occurred in spite of Obama. They have urged the White House to loosen restrictions on energy drilling in hopes of driving economic activity, generating federal revenues and creating jobs.
“Where the states have been in charge, we have seen energy development boom in a safe and responsible way, but under federal control we have seen a sharp decline in production. A web of red tape and a backlog of delayed permits are blocking important energy production opportunities on federal lands,” Rep. Ed Whitfield (R-Ky.), who chairs the House Energy and Commerce Subcommittee on Energy and Power, said in a Tuesday statement.
The energy boom could save Obama’s presidency. But I don’t think he realizes that.