by Gary DeMar
If you believe what the President Barack Obama is saying, drilling for more oil won’t affect the price of gasoline, and there aren’t enough oil reserves in the United States to satisfy or growing energy needs.
I’m not opposed to securing all the foreign oil reserves we can. The sooner the Islamic nations are out of oil the sooner we will see the end of the Islamic goal of a worldwide caliphate. So let’s keep buying up Arab oil.
But while we’re draining the oil reserves out of the Middle East, we should be developing our own domestic supply. But to hear President Barack Obama’s take on American oil reserves, we don’t have much of it. Here’s what he said when he was running for president:
Read more: http://godfatherpolitics.com/4252/president-barack-obama-lying-america-oil-reserves/
If you believe what the President Barack Obama is saying, drilling for more oil won’t affect the price of gasoline, and there aren’t enough oil reserves in the United States to satisfy or growing energy needs.
I’m not opposed to securing all the foreign oil reserves we can. The sooner the Islamic nations are out of oil the sooner we will see the end of the Islamic goal of a worldwide caliphate. So let’s keep buying up Arab oil.
But while we’re draining the oil reserves out of the Middle East, we should be developing our own domestic supply. But to hear President Barack Obama’s take on American oil reserves, we don’t have much of it. Here’s what he said when he was running for president:
“Even if you opened up every square inch
of our land and our coasts to drilling, America still has only 3% of the
world’s oil reserves.”
How can anyone know this? “All reserve estimates involve uncertainty,
depending on the amount of reliable geologic and engineering data
available and the interpretation of those data.”
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