Fracking Debunks Obamas We Cant Drill Our Way Out
http://news.investors.com/ibd-editorials/120314-728986-fracking-proves-we-can-drill-our-way-to-low-prices-and-independence.htm
Back in 2006, for example, then-Sen. Obama said expanded drilling in the Gulf of Mexico would only lull the American people into thinking that we can drill our way out of our energy problems.
When he ran for president in 2008 while gas prices spiked, he mocked John McCains call for more drilling. This is one emergency we cant drill our way out of, he said.
After the BP oil spill in 2010, Obama explained that the reason you never heard me say Drill, baby, drill (is) because we cant drill our way out of the problem. He went on to claim that easily accessible oil has already been sucked up out of the ground.
In 2011, while pushing to end oil industry tax breaks, Obama claimed: If were serious about addressing our energy problems, were going to have to do more than drill.
In 2012, when running for re-election, the president declared: Even if we drilled every square inch of this country right now, were going to be relying on other countries for oil.
And when he unveiled his all of the above energy strategy, Obama lectured the country about how theres a problem with a strategy that only relies on drilling, and that is America uses more than 20% of the worlds oil. If we drilled every square inch of this country ... wed still have only 2% of the worlds known oil reserves. He added: Weve got a math problem here.
Turns out, its Obama who has the math problem.