Sunday, April 7, 2013

Obama the Oil President

America (quietly) overtook Saudi Arabia as the world’s largest oil producer this past autumn.

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Production in America is up by 1/3 since Obama’s first full month in office. This is almost completely the result of fracking, primarily in North Dakota.

Note that this happened in spite of Saudi Arabia cranking up their production about 10 years ago, and keeping it up.

BTW: The cool lingo is to call us Saudi America to people who are still fretting over our energy independence.

N.B. History is written by the winners. This means that in a generation Obama and the Democrats, who’s been against just about every advance in the petroleum industry, will be viewed as responsible for something they didn’t support.

Via Carpe Diem.

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