To: TideGlider who wrote (785684 ) 5/20/2014 2:54:25 PM From: tejek Respond to Our prices are raising so that is a good thing? Dream on Matt...The only thing that I see in the future that could save us is cheap energy and the present administration has tried to stop that but luckily for the country local governments stepped up and saved the day in places like North Dakota etc etc...Bush increased the federal lands available for oil and gas development by over 100% and the first year the nitwit was in the WH he decreased them by over 35% in his attempt to make energy more expensive. The only reason our energy production is up is because of local development. Really?! Let's see: Meanwhile, natural gas production on federal and Indian lands has steadily fallen, a trend that began around fall 2002. This is due to a consistent decrease in offshore gas drilling, though such gas production onshore, on federal lands, is actually higher now than it was at the end of the Bush administration. Overall, the percentage of U.S.-produced natural gas from federal lands -- relative to that produced from private ones -- fell significantly over the past eight years, from 35% to 21%, reported Sieminski. Oil production is more a mixed bag. On state and private lands, oil production was actually going down in the 2000s, leveled off between fiscal years 2007 and 2010, then went up by 385,000 barrels a day in fiscal year 2011, when the most recent data are available, Sieminski said. On federal and Indian lands, as well as federally approved offshore drilling sites, oil production went up from 1.6 million barrels per day to 2 million barrels per day between fiscal years 2008 and 2010. But it dropped to 1.8 million barrels per day for the last fiscal year available, a decrease that the U.S. Energy Information Administration attributes to the impact of the Deepwater Horizon oil spill in the Gulf of Mexico. Despite the one-year drop in production, oil production on federal and Indian lands from 2009 through 2011 totaled 2.027 million barrels. That's an average of 675,000 barrels per year during Obama's term, compared to an average annual production of 609,000 barrels annually during Bush's last term. cnn.com
