Despite the Current Oil Gas Boom, the Obama Administration Deserves No Credit

Despite the Current Oil Gas Boom, the Obama Administration Deserves No Credit

by perrymj@oilprice.com (Mark J. Perry)

“The one person who deserves no credit for this [oil and gas] boom is Barack Obama.  In fact, this Administration has bent over backwards to make oil and gas production and exploration as difficult as possible. According to the Institute for Energy Research (IER), the Obama Administration has been issuing BLM oil and gas leases at the lowest pace of any president in the last 30 years  – in fact at half the rate of the Clinton White House and 80% slower than in the Reagan era, dragging their feet to please the environmental…
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