With the exception of his speech at the Florida Everglades last week, President Obama likes to tell virtually every crowd that “America is number one in oil and gas” production. He’s right – but to borrow his line from 2012, he didn’t build that.
A new, nonpartisan Congressional Research Service (CRS) report reveals that from 2010 to 2014:
CLAIM: “Today, America is number one in oil and gas. ... And thanks to lower gas prices and higher fuel standards, the typical family this year should save $750 at the pump.” (President Obama, State of the Union Address, January 20, 2015)
FACT: The Obama administration has suppressed energy production on federal lands, while Republicans have consistently pressed for a true all-of-the-above energy policy to help create jobs and address costs for working families.
“We’ve got an energy boom going on in this country,” Speaker Boehner said in a September 18th speech, when the national average price of a gallon of regular gasoline was $3.39. “North America is on track to be energy independent in the next five years or so. This is going to mean more growth, yes, but it’s also going to mean lower prices.”