‘He Had Nothing to Do With It’: Former Shell Oil President Dismisses Obama’s Claim About America’s Oil Boom

The former president of Shell oil company, John Hofmeister, slammed former President Barack Obama for his claim that he is responsible for the boost in oil production within the United States.

As IJR previously reported, Obama told the room that he was responsible for the boom in oil production and for the stock market’s success.

Watch:

“I was extraordinarily proud of the Paris Accords because I know we’re an oil country and we need American energy. And by the way, American energy production, you wouldn’t always know it, but it went up every year I was president. And you know that whole suddenly America’s like the biggest oil producer and the biggest gas. That was me, people. And I just want you to know. So it’s a little like sometimes you go to Wall Street and folks will be grumbling about anti-business. I said have you checked were your stocks were when I came into office and where they are now. What are you complaining about? Just say thank you, please.”

Hofmeister didn’t pull any punches when picking apart the former president’s claims.

Watch:

“Yes, [oil] production did increase throughout his term, but frankly, he had nothing to do with it. It was production in states like Texas, Oklahoma, Pennsylvania, Ohio, Colorado, North Dakota, in particular. And these were all state decisions made with industry applications for permits. The federal government had no role.

And if anything, he was trying to frustrate the efforts by taking federal lands off the availablity list, putting them out with no more drilling. He shut down the Gulf of Mexico for a period of six months. Changed the regulations from an average of 60 to 80 pages per permit to 600 to 800 pages per permit. He also never approved the Keystone XL pipeline after dangling the potential customers for eight years. And it was in the eighth year when he said ‘no Keystone pipeline.’ And so I would say he was not a leader when it comes to energy.”

Hofmeister claimed that Obama mostly slowed production down when it came to carbon-based fuel regulations.

“He can take credit for all he wants, but whether people believe him or not, it depends upon how much history do you really know and how much history do you want to reinvent,” said Hofmeister.

The post ‘He Had Nothing to Do With It’: Former Shell Oil President Dismisses Obama’s Claim About America’s Oil Boom appeared first on Conservative Fighters.



from News – Conservative Fighters https://ift.tt/2rfyjaq
via IFTTT

Comments

Post a Comment

Popular posts from this blog

Rosie O’Donnell Calls for Trump Assassination… REGRETS IT IMMEDIATELY!

Rosie O’Donnell and Donald Trump have been engaged in a bitter feud for over a decade. Rosie’s hatred for Trump has only escalated since he became president, but this week, she took things way too far when she called for him to be assassinated. It didn’t take long for Rosie to learn that she’d made a huge mistake… Mad World News reported that Rosie took to Twitter on Saturday to endorse a ridiculous new game called Push Trump Off A Cliff Again. The despicable game allows players to kill Trump by pushing him off a cliff. Push Trump Off A Cliff Again https://t.co/YguB3aG8EP — ROSIE (@Rosie) July 15, 2017 The virtual game instructs players to “Take out your frustrations with [the] President by pushing him off a virtual cliff, or into a virtual volcano.” An image of Trump screams things like “Bye!” and “I’m really rich!” as he tumbles to his death. Twitter users immediately fired back at Rosie and let her know that simulating the assassination of the president is never okay. Bett
Read more

WALSH: Yes, Ilhan Omar’s Alleged Adultery Matters. Here’s Why.

According to court documents, Rep. Ilhan Omar allegedly had an affair with a married DC consultant. The wife of Omar’s alleged lover made the claims in divorce filings, insisting that her marriage was ultimately destroyed by the tryst between the congresswoman and her husband. Previous reports claimed that Omar “dumped” her own husband earlier in the summer. Conventional modern wisdom would tell us that the only newsworthy and relevant aspect of this salacious story is the possible abuse of campaign funds, as reported by the Washington Examiner: Omar’s alleged paramour, Tim Mynett, has been a fundraising consultant for Omar’s 2018 and 2020 campaigns… …Of the $145,406 reported earnings by the E Street Group during the 2018 campaign cycle, $62,674 came from Omar’s campaign. Not counting payroll taxes and transfers to Minnesota’s Democratic Party, E Street Group was Omar’s second-largest vendor, according to FEC data. From Labor Day through the end of the year, E Street Group ate up mo
Read more

Newly Declassified FBI Materials Show Bureau Treated Clinton, Trump Campaigns Differently On Foreign Interference

FBI documents and communications that were recently declassified show the bureau treated foreign interference on Hillary Clinton’s campaign differently than it did with President Donald Trump’s campaign. Senate Judiciary Committee Chairman Lindsey Graham (R-SC) released the documents on Sunday with a lengthy statement about the contents: There was a clear double standard by the Department of Justice and FBI when it came to the Trump and Clinton campaigns in 2016. These newly released documents indicate that a foreign government was trying to influence the Clinton campaign through a campaign associate and the FBI was seeking a FISA warrant. However, the Bureau, as it is supposed to do, required that Hillary Clinton be defensively briefed about the matter so she could engage in corrective action. When it came to the Trump campaign, there were four counterintelligence investigations opened against Trump campaign associates. Not one time was President Trump defensively briefed about th
Read more