Obama constantly used lies to sell his flawed energy policies
These days, the press is carrying on a running battle with the Trump administration. Pretty much every news story, every day, is intended to undermine President Trump and perhaps drive him from office. The New York Times, Washington Post and Associated Press are the worst offenders, but almost every news outlet is in this category.What Obama said about US reserves was grossly misleading and he had to know it. He was dead wrong on the US's energy potential and was deliberately so in order to push his alternative energy agenda with all of its inefficiencies.
It wasn’t always that way. Until January, our press slavishly reported every pronouncement of the administration in power, sometimes reinforcing it, sometimes just letting it stand. This was its own form of fake news: Barack Obama and his minions would utter absurd pronouncements, and the press would report them as fact.
For years, we pointed out that President Obama was lying about energy. This post is one of several. Barack Obama let loose with his favorite pseudo-statistic, which, although he repeated it many times, was never challenged by any press outlet, to my knowledge:I give out this statistic all the time, and forgive me for repeating it again: America holds about 2 percent of the world’s proven oil reserves. What that means is, is that even if we drilled every drop of oil out of every single one of the reserves that we possess — offshore and onshore — it still wouldn’t be enough to meet our long-term needs. We consume about 25 percent of the world’s oil. We only have 2 percent of the reserves....
In fact, the U.S. has more fossil fuel reserves than any other country. More than Russia, more than Saudi Arabia. Fracking has alerted most Americans to the fact that we have far more recoverable oil than they thought, but it only scratches the surface of what we could do under a pro-America regime.