John Bolton

John Bolton

Wednesday, January 14, 2015

Remember When Obama and the Dems Mocked "Drill Baby Drill" and Suggested $2/gallon Gas Was a Fantasy?

Despite Obama's best efforts to keep energy prices higher American ingenuity in the private sector came through!

In Detroit a week ago Obama bragged about the lower price of gas: "America is the number-one producer of oil, the number-one producer of gas. It’s helping to save drivers about a buck-ten a gallon at the pump over this time last year."

But a few years back when gas prices were high and Republicans insisted we could drill our way to lower prices and energy independence Obama laughed. At a speech in Miami in February 2012 Obama mocked GOP energy plans.
OBAMA: You can bet that since it’s an election year, [Republicans are] already dusting off their 3-point plan for $2 gas. And I’ll save you the suspense. Step one is to drill and step two is to drill. And then step three is to keep drilling.  (Laughter.) We heard the same line in 2007 when I was running for President. We hear the same thing every year. We’ve heard the same thing for 30 years.

Well, the American people aren’t stupid. They know that’s not a plan, especially since we’re already drilling. That’s a bumper sticker. It’s not a strategy to solve our energy challenge. (Applause.) That’s a strategy to get politicians through an election.

You know there are no quick fixes to this problem. You know we can’t just drill our way to lower gas prices.
Over the last three years my administration has approved dozens of new pipelines, including from Canada. And we’ve opened millions of acres for oil and gas exploration. All told we plan to make available more than 75 percent of our potential offshore oil and gas resources from Alaska to the Gulf of Mexico.
Interesting that three years later and Obama is still blocking the Keystone pipeline.

And where are those millions of acres of new oil and gas exploration? Certainly not offshore. In response to high oil prices President Bush opened offshore areas to exploration. Obama slammed the door shut.

When it comes to onshore production Obama's record isn't any better. Oil production on federal lands continues to fall while production on private lands increases:

The revolution in oil and gas has nothing to do with Obama:

Obama has waged a "War on Energy" so his rich friends who invest in green energy can make more money to funnel into Democrat campaigns. Fortunately, there's still enough freedom left in the private sector to fuel America's energy needs. So naturally, Obama has announced new plans to choke that off too!

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