November 29, 2018
Former Shell Oil President: Obama Had Nothing To Do With Increased Fuel Production
Posted by: DCNF in Trending Commentary November 29, 2018
by Nick Givas
Former president of Shell Oil Company John Hofmeister said former President Barack Obama had nothing to do with America’s increased oil production and actually frustrated many areas of the energy sector.
Obama claimed he was responsible for America’s recent oil boom during an event hosted by Rice University’s Baker Institute on Tuesday night and Hofmeister challenged his assessment.
“American energy production — you wouldn’t always know it, but it went up every year I was president,” Obama said. “That whole, suddenly America’s, like, the biggest oil producer and the biggest gas — that was me, people.”
(Yep, Obama was full of gas – for sure.)
“The facts are the facts. And, yes, the production did increase throughout his term,” Hofmeister said on “Fox & Friends” Thursday. “But, frankly, he had nothing to do with it.”
“This was production in states like Texas, Oklahoma, Pennsylvania, Ohio, Colorado — North Dakota in particular. And these were all state decisions made with industry applications for permits. The federal government had no role.”
Hofmeister said Obama opposed the energy industry at every turn with his actions against offshore drilling and his handling of the Keystone Pipeline.
“If anything, he was trying to frustrate the efforts by taking federal lands off of the availability list — putting them just, no more drilling [sic]. He shut down the Gulf of Mexico for a period of six months,” he said. “[He] changed the regulations from an average of 60 to 80 pages per permit to 600 to 800 pages per permit. He also never approved the Keystone XL pipeline after dangling all the potential customers for eight years. And it was in the eighth year when he said no Keystone Pipeline.”
“I would say that he was not a leader when it comes to energy,” Hofmeister said.
Obama’s narcissism in the highest degree. Understand those people at the comedian’s show had to take a shower when they got home. The funniest part was when he stated the rising of stock prices on wall street today and the increase in portfolios were his fault.