According to a new report from the Congressional Research Service, since fiscal year 2010 oil production on federal lands is down by 10 percent and natural gas production on federal lands is down 31 percent. This contrasts to oil production on non-federal lands, which is up by 89 percent, and natural gas production on non-federal lands, which is up by 37 percent since fiscal year 2010. If more oil and gas production is a good thing for the United States, the Obama Administration’s policies are a lesson in what not to do.
As Rep. Ed Whitfield (R-Ky.), chairman of the energy and power subcommittee, said: “While President Obama has been anxious to take credit for increased oil and gas production, the only areas he is responsible for is on federal lands — the only areas where oil and gas production is actually decreasing.”
Click here for the rest of IER’s analysis of Obama’s unwillingness to unlock America’s energy potential.