Thursday, March 15, 2012

Obama Lies Again About Gas Prices

Despite my dislike of Obama and his policies, I have to give him credit for one thing: he's very good at hiding his incompetence behind a barrage of phony "facts" in his speeches.  And he has the LameStream Media in his pocket so that they'll report whatever he says as gospel without researching it at all.

On Tuesday, amidst mounting voter anger at ever-increasing gas prices, Barack Hussein Obama's administration released a report in which he claimed that gas production is at its highest since 2003.  Here's an excerpt from the article: 

Obama report: Oil imports dropping, domestic production highest since '03.

"Against the backdrop of gasoline prices rising at the pump in an election year, a new Obama administration report cites "significant progress" in...increasing domestic oil and gas production.  U.S. crude oil production increased by an estimated 120,000 barrels a day last year over 2010..."

Someone has to tell Hussein to read the right reports from the right agencies before releasing his usual bullspit to the media.  According to Hussein's own US Energy Information Administration, gasoline production is DOWN from 2003.  Here's the chart from the site:

The chart paints a different picture, doesn't it?  Oh, sure, this is just from federal lands, but it's the most solid data in either of the reports.  Obama's report says "six different agencies" reported to him, but he doesn't name them and he doesn't say WHERE the oil production is so-called "increasing".

Obama's "report" is just another lie.  What's good, though, is that he can't hide his culpability for gas prices.  The People of America aren't as stupid as Obama wishes they were.  They know the high prices are his fault.  Here's why...Obama:
That means: less domestic production. Which means, higher gas prices. It's simple economics: less supply and constant (or increasing) demand means higher prices.  But it's obvious that simple supply-and-demand is above Obama's pay grade.

(Here's more info about Obama's high gas prices)

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