Startling news today that the U.S. is set to eclipse Saudi Arabia as the leading producer of oil (yes, oil) in the world by the end of next year (see this MDN story). This year, the U.S. will be the most energy independent we have been since 1990. We’re now on track to produce 4/5 of the energy we consume. Why? The miracle of hydraulic fracturing.
President Obama and his administration try to claim credit for this energy renaissance and make noise about an “all of the above” energy strategy. But a close examination of the record shows Obama’s energy policies have actually worked against our energy independence. Without his policies of restricting drilling on federal lands and offshore, we might actually be energy independent right now.
The numbers don’t lie: