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  1. #1
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    Obama's failed energy policy at work

    The US is now the world's fastest growing oil and gas producer.

    Obviously this is all because of George W. Bush's vision to expand our economy after the Clinton Recession which he inherited. Obama is merely riding his coattails!
    The U.S. Energy Information Agency says U.S. oil imports will drop 20% by 2025. Oil giant BP projects the U.S. will get 94% of its energy domestically by 2030, up from 77% now, as oil imports fall by half. Energy billionaire T. Boone Pickens, a major investor in oil and natural-gas companies, said the U.S. can at least end oil imports from Organization of Petroleum Exporting Countries, about half its total, through new drilling and by shifting diesel-swilling trucks to natural gas. Any other oil needs should be from politically stable allies such as Canada, Pickens said.
    Most enticing, a team of analysts and economists at Citigroup argues that the U.S., or at least North America, can achieve energy independence by 2020, as more domestic production and doubling down on conservation produce a virtuous cycle. The U.S. can make itself a net exporter of crude oil, refined products and natural gas — says Citigroup energy strategist Seth Kleinman.http://www.usatoday.com/money/indust...NCE/54977254/1

  2. #2
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    If he's done such a great job, why is the price of gas almost double what is was when he took office? Gasoline is one of our top exports. Obama is fulfilling his promise to bankrupt big energy companies, but it ain't working. He's breaking the backs of the working class with the highest gas prices in ournation's history. Gas was somewhhere around $1.85 when Oblamer took office.

  3. #3
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    Quote Originally Posted by Titus View Post
    If he's done such a great job, why is the price of gas almost double what is was when he took office? Gasoline is one of our top exports. Obama is fulfilling his promise to bankrupt big energy companies, but it ain't working. He's breaking the backs of the working class with the highest gas prices in ournation's history. Gas was somewhhere around $1.85 when Oblamer took office.
    because we no longer have the consumer luxury of having too much gasoline in storage. We now export our excess gasoline so our refineries can stay running at a comfortable rate and they can pretty much keep the prices where they want them. Used to be when we used less gasoline, the storage would back up and they'd have to slow down or shut down some refineries...... now we just take that excess somewhere else That effects just about everything

 

 

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