“Domestic oil production has been dropping steadily since 1970”
Not true....in any sector(offshore or onshore)..but please notice the drastic drops since Obama and the dems have been in charge:
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M_EPC0_FPF_RUSSF_MBBL&f=A
Your graph is offshore only. 2009 and 2010 are the first two years that domesitic production has increased since 1991, and the first two consecutive years of increased production since the mid 80s. Now what were you saying? http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS1&f=A