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SHRED

(28,136 posts)
Sat Feb 25, 2012, 11:27 AM Feb 2012

Domestic oil production is up...

...way up in the USA.

But of course the lies continue from the Repukes and FAUX News that Obama is repressing oil production.

Domestic oil production up last two years


Oil rigs in U.S. hit a record
Posted Friday, Feb. 17, 201
[url]http://www.star-telegram.com/2012/02/17/3744112/oil-rigs-in-us-hit-a-record.html#storylink=cpy[/url]

Domestic Oil Production is Up 11% Under Obama and Was Down 15% Under Bush

Incredibly, none of the Republicans hammering Obama for supposedly strangling domestic oil production bothered to check the data.

While domestic production declined each year under President Bush, falling from 5.8 million barrels per day to less than 5 million, production (XLS) has increased 11% since Obama came into office. It would have increased even more if a pesky oil spill in the Gulf of Mexico hadn’t intervened.

[url]http://www.enviroknow.com/2011/05/15/oil-production-up-under-obama/[/url]

U.S. oil gusher blows out projections

The United States' rapidly declining crude oil supply has made a stunning about-face, shredding federal oil projections and putting energy independence in sight of some analyst forecasts.

After declining to levels not seen since the 1940s, U.S. crude production began rising again in 2009. Drilling rigs have rushed into the nation's oil fields, suggesting a surge in domestic crude is on the horizon.

[url]http://www.chron.com/business/article/U-S-oil-gusher-blows-out-projections-3341919.php?cmpid=twitter[/url]

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Domestic oil production is up... (Original Post) SHRED Feb 2012 OP
When oil prices skyrocket, a lot of idle (because they're so expensive to operate) facilities come Egalitariat Feb 2012 #1
 

Egalitariat

(1,631 posts)
1. When oil prices skyrocket, a lot of idle (because they're so expensive to operate) facilities come
Sat Feb 25, 2012, 11:52 AM
Feb 2012

back on line because they can be profitable again due to the high prices.

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