Washington Stifles Domestic Oil & Gas Production
If you have been following postings on our site, you know that domestic oil and gas production in the United States are at all-time highs. What you may not know is that this comes in spite of a drop in production on federal lands. In fact, a Congressional Research Service report shows that “All of the increased [oil] production from 2007 to 2012 took place on non-federal lands.” The drop in production on federal lands is a direct result of the Obama Administration polices including a drilling moratorium and limits on new drilling permits. Oil production on federal lands fell more than 23% from fiscal year 2010 to 2012 and natural gas produced from federal lands has fallen 33% since 2007. The next time you hear Washington decrying oil imports from the Middle East or a renewed focus on creating jobs, just imagine what could be if the nation had an energy policy that included domestic energy production on both private and federal lands.