U.S. now producing more than 10 percent of the world’s crude oil « Hot Air

U.S. now producing more than 10 percent of the world’s crude oil « Hot Air: "I feel like a broken record at this point, but I cannot stress enough just how deeply President Obama and his woebegone economic policies are indebted to the shale oil and gas boom that, just a few years ago, nobody even saw coming. It is exquisitely galling to hear Obama administration officials try to assign all of the credit for what meager job and economic growth we have seen to the big-government, big-spending, high regulatory environment they have created, instead of to the innovative technologies that brought about an energy revolution that took place mostly on state and private lands — i.e., completely independent of any federal action."



'via Blog this'