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<blockquote data-quote="The Other Side" data-source="post: 1491480" data-attributes="member: 17969">WHAT??Do you think USA production just happened overnight??President Obama has everything to do with oil production in the USA.&nbsp; His energy policy BEGAN with a &quot;use it or lose it&quot; strategy that FORCED oil producers to drill for oil and natural gas.&nbsp; The oil/energy companies were leasing land(s) onshore and offshore from the government and NOT DOING ANYTHING WITH IT.President Obama began taking away those leases to the OUTCRY of the republicans in congress and fox news.Once it began, oil companies did not want to lose those leases so they started drilling on them.Today, you are seeing an increase of 1 million barrels of oil per day in the USA and this a direct byproduct of the presidents energy policies.The USA for two years now has EXPORTED more oil than it imports, and this is upsetting the world markets.MARKET SHARE is being threatened by the USA and the price of oil, which has been manipulated by the oil companies along with help from the GOP is finally being put in its place.OPEC has cut production from 99.9% under GW BUSH and record oil prices, to just a fraction over 61% output.They refuse to cut production back to limit supply any further and the price of oil is coming down because of the world GLUT that is being created.The Presidents energy policies have EVERYTHING to do with USA production and believe that the OIL companies themselves would take an action that &quot;They&quot; knew would drive down the price of oil is silly at best.&quot;Drill baby Drill&quot; is a tag line that had NO meaning.Drilling for more oil only means cheaper oil and THAT isnt something they want or wanted.Their hands were forced under threat of losing lease permits and now YOU get to recieve the benefits of cheaper oil until the oil companies and the GOP can find ways to increase the price once again.TOS.</blockquote>

[QUOTE="The Other Side, post: 1491480, member: 17969"] WHAT?? Do you think USA production just happened overnight?? President Obama has everything to do with oil production in the USA. His energy policy BEGAN with a "use it or lose it" strategy that FORCED oil producers to drill for oil and natural gas. The oil/energy companies were leasing land(s) onshore and offshore from the government and NOT DOING ANYTHING WITH IT. President Obama began taking away those leases to the OUTCRY of the republicans in congress and fox news. Once it began, oil companies did not want to lose those leases so they started drilling on them. Today, you are seeing an increase of 1 million barrels of oil per day in the USA and this a direct byproduct of the presidents energy policies. The USA for two years now has EXPORTED more oil than it imports, and this is upsetting the world markets. MARKET SHARE is being threatened by the USA and the price of oil, which has been manipulated by the oil companies along with help from the GOP is finally being put in its place. OPEC has cut production from 99.9% under GW BUSH and record oil prices, to just a fraction over 61% output. They refuse to cut production back to limit supply any further and the price of oil is coming down because of the world GLUT that is being created. The Presidents energy policies have EVERYTHING to do with USA production and believe that the OIL companies themselves would take an action that "They" knew would drive down the price of oil is silly at best. "Drill baby Drill" is a tag line that had NO meaning. Drilling for more oil only means cheaper oil and THAT isnt something they want or wanted. Their hands were forced under threat of losing lease permits and now YOU get to recieve the benefits of cheaper oil until the oil companies and the GOP can find ways to increase the price once again. TOS. [/QUOTE]

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