Wednesday, November 14, 2012

Don't these people talk to each other? Note the contradictory things that Obama and the IEA have recently told us about American oil

Report Sees U.S. as Top Oil Producer, Overtaking Saudi Arabia, in 5 Years - NYTimes.com
The United States will overtake Saudi Arabia as the world’s leading oil producer by about 2017 and will become a net oil exporter by 2030, the International Energy Agency said Monday.
March 2012: Obama Weekly Address: "We Can't Just Drill Our Way To Lower Gas Prices" | RealClearPolitics
...you and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when consume 20 percent of the world’s oil.

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