Liar In Chief (still a liar) Lies Again

WTF?

Liar In Chief (still a liar) Lies Again

I think his words were "don't tell me we aren't drilling", we are drilling everywhere!

Except on Federal lands where known major oil deposits are.
Facts are stubborn things.

U.S. Awash In Oil

Contrary to what the liar says.

At least 86 billion barrels of oil in the Outer Continental Shelf yet to be discovered, according to the government's Bureau of Ocean Energy Management.

About 24 billion barrels in shale deposits in the lower 48 states, according to EIA.

Up to 2 billion barrels of oil in shale deposits in Alaska's North Slope, says the U.S. Geological Survey.

Up to 12 billion barrels in ANWR, according to the USGS.

As much as 19 billion barrels in the Utah tar sands, according to the Bureau of Land Management.

Then, there's the massive Green River Formation in Wyoming, which according to the USGS contains a stunning 1.4 trillion barrels of oil shale — a type of oil released from sedimentary rock after it's heated.

Enough to get gas prices back to $2.00 a gallon, and put some fear into the middle east.

Liar In Chief (still a liar) Lies Again

Five of the whoppers in Obama's energy speech.

The most outrageous? Its a tough call.

"The U.S. consumes more than a fifth of the world's oil. But we only have 2% of the world's oil reserves."

Fact: Obama constantly refers to this statistic to buttress his claim that "we can't drill our way to lower gas prices." The argument goes that since the U.S. supply is limited, it won't ever make a difference to world prices.

It's bogus. New exploration and drilling technologies have uncovered vast amounts of recoverable oil.

In fact, the U.S. has a mind-boggling 1.4 trillion barrels of oil, enough to "fuel the present needs in the U.S. for around 250 years," according to the Institute for Energy Research. The problem is the government has put most of this supply off limits.

That would be Obama's Government that has put that supply off limits.
The man even thinks we can replace oil with algae now!