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Energy Independence Returning To America
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Oil imports reached an all time high in the Bush administration. In 2008, we imported about 3.5 billion barrels of oil. During the Obama administration, domestic oil production rose rapidly to the point where, in 2015, we imported about 2.6 billion barrels of oil.
https://www.eia.gov/dnav/pet/hist/LeafHa...rimus1&f=a Domestic oil production in the last year of the Bush administration was 5 billion barrels, and during the Obama administration it rose to 9.4 billion barrels in 2015. https://www.eia.gov/dnav/pet/hist/LeafHa...RFPUS2&f=A Do the math. In the last year of the Bush administration, we imported about 44% of the oil we consumed. In the last year of the Obama administration, we imported about 22% of the oil we consumed. So this trend towards energy independence is largely a product of the OBAMA administration. |
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