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New Obama Recession, is a forgone conclussion at this point.
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04-23-2011, 01:40 AM
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italertb
Join Date
Oct 2005
Posts
419
Senior Member
Here's a wild idea, let's look at real data! (I can hear the conservatives muttering already. They know that facts tend to have a liberal bias.)
Here's data on
US Outer Continental Shelf oil production
. Copy into an Excel file and chart it. If you can find obvious evidence of a slowdown beginning on January, 2009, I can't. OCS oil is being produced at a higher rate than any time since 2005.
As for overall domestic oil production, if Obama "loaths" the oil industry as one of the conservative voices here claims, one should see that reflected in the data, no?
No.
US Oil Production:
2003: 2,073,453,000
2004: 1,983,302,000
2005: 1,890,106,000
2006: 1,862,259,000
2007: 1,848,450,000
2008: 1,811,817,000
2009: 1,956,596,000
2010: 2,011,856,000
Source
In fact, last year was the first year in over a decade in which imported oil accounted for less than half of what we consumed.
No wonder conservatives here almost never deal in facts and rely almost exclusively on rhetoric.
The facts just don't line up with the rhetoric.
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