So as soon as Obama came into office we were capable of drilling and expanding production? 😕
I'm not a big expert on oil drilling so not sure how many years in advance the industry needs to get rolling to raise production, unless it's just a purely administrative rule problem and the President can simply give a blessing and they pump more oil. 😕
Unless you have data contradicting that presented here (as well as by fact checkers last night), it seems you're confused about the difference between "truth" and "lie".Another Obama lie, he told more than one that debate. Media narrative last time was calling Romney a liar, will the same folks call Obama a liar this time?
No, they will not. Facts and truth are perceptions in the eye of the beholder. Bias overrules reason.
He said drilling, not production. When it's a weasel (such as Obama) talking you need to pay attention to all the weasel words.
Actually, leases. Romney's point is to future oil production on federal land. That's why he pushed Obama on that point last night and Obama tried to deflect by turning the subject to production.
Obama responded that those leases were not being used, that the companies holding them were just sitting on them, and that therefore the leases were revoked so they could be offered to other companies who would use them. Assuming this is true, what's wrong this approach? It seems a perfectly sensible, forward-looking approach to me. Couple that with the fact that production has indeed increased since Obama took office, and it seems to me Romney's accusations are misleading to put it mildly. Do you disagree?Actually, leases. Romney's point is to future oil production on federal land. That's why he pushed Obama on that point last night and Obama tried to deflect by turning the subject to production.
Production on federal land is down since last year, but overall has increased vs Bush's last 3 years.
Obama responded that those leases were not being used, that the companies holding them were just sitting on them, and that therefore the leases were revoked so they could be offered to other companies who would use them. Assuming this is true, what's wrong this approach? It seems a perfectly sensible, forward-looking approach to me. Couple that with the fact that production has indeed increased since Obama took office, and it seems to me Romney's accusations are misleading to put it mildly. Do you disagree?
Which of course has nothing to do with the price of crude oil under Bush vs. the skyrocketing price of crude oil under Obama ?
Obama's Great Alaska Shutout
Interior bans drilling on 11.5 million acres of 'petroleum reserve.'
Any drilling and subsequent product from public lands should be done on a contracted cost plus fee basis and put directly into the US energy system with a small percentage going into energy R&D with Manhattan Project emphasis. The results licensed free for congested use, but at a charge to foreign markets priced to eliminate the hold the ME has on the west. Our clever politicians aren't.
He said drilling, not production. When it's a weasel (such as Obama) talking you need to pay attention to all the weasel words.
Obama responded that those leases were not being used, that the companies holding them were just sitting on them, and that therefore the leases were revoked so they could be offered to other companies who would use them. Assuming this is true, what's wrong this approach? It seems a perfectly sensible, forward-looking approach to me. Couple that with the fact that production has indeed increased since Obama took office, and it seems to me Romney's accusations are misleading to put it mildly. Do you disagree?
the Obama EPA has been killing many companies plans to drill and produce
Do you have any evidence of this? I'm honestly curious what regulations or types of regulations from the EPA you are talking about. Some restrictions do make sense, but it seems that you are implying that they are excessive in some fashion.
Dept. of Interior killing mores leases.
http://online.wsj.com/article/SB100...8040873921142716.html?mod=djemEditorialPage_h
Do you have any evidence of this? I'm honestly curious what regulations or types of regulations from the EPA you are talking about. Some restrictions do make sense, but it seems that you are implying that they are excessive in some fashion.
Let's cut to the chase. Who thinks the amount of oil produced in the U.S. has ANYTHING to do with the price we pay at the pump?
Interesting, thank you for a responsive comment. I'd be interested in seeing more detail about what the EPA has done and why.i do agree a bit with the time limits on getting the leases producing, but the Obama EPA has been killing many companies plans to drill and produce, then the loose the lease and the .gov gets to resell it to make their numbers look good, and they love to screw another oil company.
sell lease to oil company
refuse to issue some permits
oil company looses lease
sell again
repeat....
the fact that production has increased is because of old leases coming online, and people opening up wells they were sitting on. also, private land and mineral rights. one of the issues with the "use it or loose it" system is infrastructre. Sometimes the pipelines can not handle more production. They will wait for other wells to fall off peak and then start producing the wells they have ready to go.
You have evidence to the contrary? Oh wait, all you ever offer is emotional assertions about what you feel to be true, never offering any evidence to support those feelings. Disregard.and you fell for that?
The point of allowing them to drill on federal land is to MAKE OIL SO WE ARE ENERGY INDEPENDENT. NOT SIT ON IT AND SPECULATE.
Simple.