Tag Archives: oil production

Another inconvenient fact for the Republicans…

Well…with the new attack on Obama on the oil lease nonsense, they are again lying through their teeth as I explained a couple of days ago, but the new, inconvenient fact that the repubs don’t want to talk about is the trend in domestic oil and gas production. Over the past four years (you remember those years of the over regulatin’, socialist president) oil and gas production in the US has soared and is on pace to rise another 7% this year…if these trends continue, the US will be the largest producer of oil in the world in just a couple of years…surpassing even Saudi Arabia. So, either the regulations didn’t have any effect on rising production or they actually spurred more oil and gas production…either one just blows apart another lie by the repubs…maybe the truth will win…at least it looks like it has gotten up off the canvas and is ready to go a couple more rounds…