Some people like to say Obama did that and some people say Bush did that. The reality is that whatever Bush and/or Obama did or didn't do were merely incidental.
The increase in oil production came about because of two things.
1. Development of high pressure fracing technology
2. Quadrupling of the price of oil from $25/bbl to $100/bbl
Likewise look at the bitumen oil being produced in the Alberta tar sands. When Bush entered office and oil was at $25, the profit on that oil was marginal. As the price and margin gradually increased, oil sands production gradually increased. Now at $100 they are producing so much bitumen oil they need a pipeline.
Now let me connect the dots for you.
The new pipeline to the gulf coast and the new natural gas export terminals on the gulf coast are tied to the completion of the expansion of the panama canal so these products can easily get into the Pacific and onto Asia.
Europe is closer and very interested in sources other than Russia and OPEC.
That might be part of the reason that Obama has opposed the Keystone Pipeline. He wants to see the oil go to China, not Europe, or even our own East Coast, which is becoming more and more dependent on Russian oil, as US refineries shut down at a rapid pace on the East Coast. I hear that Luk oil is now the most common gas station in the Philadelphia area, a city that has had several refineries since the mid 19th century.
BF, I’d bet that 90%+ don’t know those facts. I’d also bet that if 0bummer gets another 4yrs, he’s going to direct the corrupt and criminal EPA - if he hasn’t already - to find a way to slow fracking way down or kill it completely, with either new BS regs, taxes, add’l permits; whatever.