Obama’s Oil Switch

‘We absolutely need safe, responsible oil production here in America,” President Obama said during a speech last week in Miami. “That’s why,” in the midst of increasingly troubling warnings about record-high summer gas prices, the president promised to “make available more than 75 percent of our potential offshore oil and gas resources, from Alaska to the Gulf of Mexico” and take “the next steps towards energy exploration in the Arctic.”

Even as the president set out his plan to open new, urgently needed drilling sites, he took credit for already opening vast swaths of land to drilling, saying that, “under my administration, America is producing more oil today than at any time in the last eight years.” America has “a record number of oil rigs operating right now — more working oil and gas rigs than the rest of the world combined.”

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