Video: Obama says we’re producing too much oil and gas

posted at 2:55 pm on March 22, 2012 by Tina Korbe

President Barack Obama is in my home state of Oklahoma today, touting his tired talking points about energy in little Cushing, “the town that fossil fuel built.” For the record, most Oklahomans aren’t happy he’s here. The state administration will give him no official welcome and protesters have already gathered near the location of the president’s speech, which — predictably — was closed to the public.

First, listen to this portion of the president’s energy address (h/t Greg Hengler).

As usual, he uses “we” to refer to both the government and private energy companies and takes credit for an expansion of drilling and production that he didn’t do anything to facilitate. Oil and gas production, he brags, is at an eight-year high. Actually, on federal land, fossil fuel production is at a nine-year low.

Then, he actually has the audacity to suggest that we’re producing too much oil and gas. The problem, he says, is that we don’t have enough pipeline to transport all of that. Gee, you’d think the president had done all he could to fast-track the Keystone pipeline. What’s that, you say? He’s doing what he can now to fast-track the portion of the pipeline that runs through Oklahoma and Texas? Don’t buy that he’s the reason TransCanada is moving ahead.

If the president had an ounce of humility at all, he might recognize that he has something to learn from Oklahomans, who know the energy industry the way Obama knows critical race theory. We kinda just imbibe it from the people around us who know it better than we do. Even those of us whose families weren’t actually in oil grew up knowing drilling engineers, geologists and landmen. We drive by pumpjacks on our way to visit grandparents, spy the lights of a far-off rig on midnight drives and occasionally will see a car fuel up at — get this! — a natural gas pump that the government didn’t pay us to install.

We might not articulate it to ourselves — I didn’t, really, until the BP oil spill, which I mourned along with the rest of the nation — but we respect the oil industry for its commitment to safely extricating oil and gas from formations far below the surface of the earth. The nation never pays attention to oil and gas companies until they do something wrong or an accident occurs, but, in Oklahoma, we can’t help but pay attention. We value what the industry has brought to our state — including, I’m not ashamed to admit, the Oklahoma City Thunder.

That’s why we wish that, just once, Obama would admit he doesn’t know everything about oil and gas companies and listen a little more to those who do:

Approval of the entire Keystone XL pipeline should happen now — not after the election. Yes, we are pleased TransCanada decided to build a critical section of the project from Cushing to the Gulf Coast. We note that this section doesn’t require State Department approval. However, America’s greatest benefit will come when we can transport oil from our best energy partner, Canada, and oil-rich North Dakota and Montana.

Private-sector innovation led to the combination of horizontal drilling with hydraulic fracturing resulting in the most significant resource revolution in the nation’s history. The safe and responsible application of these technologies has added new proven gas and oil reserves once inconceivable, and it has made U.S. energy independence a distinct possibility in just the next 10 years. We have now safely and successfully fracture treated 1.2 million wells in the U.S. since 1948 and more than 45,000 wells in 2011 — a safety record that would be the envy of any industry in the country. …

Our industry invests billions of dollars to ensure our operations are conducted in an environmentally responsible manner. However, with more than a dozen federal agencies in your administration proposing, planning or implementing new regulations — for little or no environmental benefit — there is considerable risk that increased costs and bureaucratic delays will cripple America’s energy production and halt the renaissance under way in our nation’s steel, plastics, chemical and agricultural industries.

Mr. President, your words suggest you want the economic benefits American natural gas and oil can deliver. We hope your actions follow suit — to date they have not.

Oil and gas CEOs have the greatest incentives of all to discover and promote some new and better energy source than fossil fuels — before some government-subsidized start-up does. Why does Obama act like they’re the enemy?


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He was in my state yesterday at an oil field that everyone here expects will be shut down if he’s re-elected. There are lizards there.

Rancher on March 22, 2012 at 3:56 PM

That’s why we wish that, just once, Obama would admit he doesn’t know everything about oil and gas companies and listen a little more to those who do

Obama is a (slightly) grown-up College Know-it-all Hippie, so he knows more about everything than the people that do it for a living. That’s why he can spend your money better than you, pick a health care plan better than you, pick a car for you to drive better than you and even tell you how much air to put in your tires.

Socratease on March 22, 2012 at 4:06 PM

UltimateBob on March 22, 2012 at 3:21 PM

He has approved the southern portion

0bamaderangementsyndrom on March 22, 2012 at 3:30 PM

lol, you’re not very good an this, are you?

The southern part does not need his approval to begin with.

H-

Del Dolemonte on March 22, 2012 at 4:06 PM

UltimateBob on March 22, 2012 at 3:41 PM

This lib tool has been pwned so many times it’s becoming a yawn fest.

Unfortunately, his ideology will always prevent him from aquiring any common sense.

NapaConservative on March 22, 2012 at 3:49 PM

O’bama’s Base!

Del Dolemonte on March 22, 2012 at 4:07 PM

0bamaderangementsyndrom on March 22, 2012 at 3:30 PM

You gotta be among the unwashed obama supporters that believe whatever he says. HE HAS NOT APPROVED THE SOUTHERN PART OF THE PIPELINE. HE HAS NO AUTHORITY TO APPROVE OR DISAPPROVE IT you idiot. That is between Oklahoma and its southern colony Texas. All he has to say is he approved it and you idiots believe him. The only approval input he has is where it crosses the US-Canadian border, dummy. Ad homs are necessarily used when true!

Even one of our lonely obama supporting news readers at KOTV said “he approved”. If he lies enough and dumbs you down enough, he may get away with it.

Old Country Boy on March 22, 2012 at 4:13 PM

Hey, try the “internets”. Look up bottle neck. He’s saying there are not enough refineries where they are needed. We have oil sitting out not getting to refineries quick enough.

0bamaderangementsyndrom on March 22, 2012 at 3:11 PM

Hey, I tried the “internets”. All I could find was this.

RickB on March 22, 2012 at 4:20 PM

He stayed at a hotel in downtown OKC last night. I hope someone pointed out the new 850 foot Devon Tower that opens this year. Maybe he’ll ask himself “how did a private company afford to build that? Why was it built? Was it the result of private enterprise or public subsidies?” Doubt it though.

Meric1837 on March 22, 2012 at 3:10 PM

He could have driven up the street and seen the ever-expanding Chesapeake Campus, or the area downtown that Sandridge is overhauling for their HQ…or visited with the thousands of people in this state that are thankful that energy companies are doing well DESPITE the efforts of our Federal Government, not BECAUSE of it.

The fact that he’s in our state promoting all HE’S done for the development of the energy industry in the past 3 years is appalling.

Tar Heel Sooner on March 22, 2012 at 4:20 PM

Hey, I tried the “internets”. All I could find was this.

RickB on March 22, 2012 at 4:20 PM

Don’t forget the U. S. refineries on St. Croix and Aruba are shutting down.

RickB on March 22, 2012 at 4:29 PM

President Pinocchio! The “facts” are what The Chosen One says they are. Even when they’re fake.

GarandFan on March 22, 2012 at 4:44 PM

Oklahoma stole our basketball team.

Zero love for Oklahoma.

Politricks on March 22, 2012 at 4:47 PM

This is an intellectually lazy President, probably the worst of this ilk in our history. He has a paint-by-numbers approach to problems. And “problems” are simply items that drive down his poll numbers.

His poll numbers are down because of issue X, and this is based on the perception (usually the reality) that he isn’t doing much to solve the problem. So, he goes out and makes a speech addressing issue X. He lies about how much he’s doing, spouting misleading statistics, making fun of his opposition, and speaking to an audience of lackeys. He expects a compliant press to cover for him.

Then he struts away from the podium to focus on something else (usually his golf game). That’s the extent of what he does to solve issue X, pretending he’s attending to it.

The amazing part is that he thinks people aren’t on to him. Thanks to the Conservative Media, we are exposing this intellectually lazy Marxist for what he is, not much.

EMD on March 22, 2012 at 4:54 PM

A co-worker ran with this today. “We’re producing more gas and oil than ever before. It’s not that supply is down. Prices go up because of the speculators.” Would’ve called him out on this new instance of the mysterious “they” and their unholy conspiracies, but he knows what he knows and doesn’t want to know anything else.

apostic on March 22, 2012 at 5:04 PM

He has approved the southern portion

0bamaderangementsyndrom on March 22, 2012 at 3:30 PM

LMFAO. Debbie W-S levels of epic failure!

tom daschle concerned on March 22, 2012 at 5:09 PM

I read in The Oklahoman, on Sunday, that no State officials were going to waste their time with this Marxist tool.

I love my State.

OhEssYouCowboys on March 22, 2012 at 3:11 PM

Fellow OSU Alum! I sort of loved Governor Fallin’s statement in honor of his visit. Here’s part of it, but the whole thing is worth reading:

The president and his party in Washington continue to support an aggressively anti-energy agenda that will severely hamper the American economy and put the United States at a competitive disadvantage to the rest of the world.
In Oklahoma, we recognize that the energy industry is an important ally in job creation and economic development. We believe that American energy is a resource, not a hazardous waste. My great hope is that some of that attitude will rub off on our president, who has lost his way on energy policy and so many other issues.

http://www.ktul.com/story/17210891/gov-fallin-releases-statement-on-obamas-visit-to-cushing

mbs on March 22, 2012 at 5:09 PM

Funny how he shows up in places where he’s having a problem, in this case the Democrat primary. In the two heaviest Democrat counties he didn’t break 50%! He had 4 other Democrats contesting him. One got enough votes to win delegates. The Democrat party took them away, giving them to Obama.

txhsmom on March 22, 2012 at 5:19 PM

I live near Roswell and Maljamar where Obama stopped by yesterday. Oil and gas (as well as ranching and farming) are the life blood of this area and if the desert sage dune lizard gets listed as an endangered species our economy will be devastated.

There was a protest against the listing of the lizard near the Roswell airport where Airforce One landed yesterday. The local news showed a little bit of the protest. My favorite signs were “Obama saves lizards and kills jobs” and “Saving the lizard starves children.”

I was thinking of attending and shouting “Die, lizard, die!” but my husband said it would be poor form. Plus there’s no way I’m taking all three of my small children with me.

Southeastern NM is very conservative. Sometimes we wish we could disown the corrupt and artsy fartsy parts of NM and become part of TX again. People down here are very unhappy with Obama and his administration. He really teed people off yesterday when he took credit for the success of oil and gas development in our area. We’re prospering in spite of his policies, not because of them.

People here know that he and Ken Salazar et al. are responsible for the slowdown in permitting on federal lands (which is a lot of NM) and the multiplication of red tape. We’re just waiting to see when the lizard will be listed as it inevitably will be–probably after the election so Obama can try to keep NM blue. At least we have Susana Martinez and Rep. Steve Pierce fighting for us.

drflykilla on March 22, 2012 at 5:53 PM

Funny how he shows up in places where he’s having a problem, in this case the Democrat primary. In the two heaviest Democrat counties he didn’t break 50%! He had 4 other Democrats contesting him. One got enough votes to win delegates. The Democrat party took them away, giving them to Obama.

txhsmom on March 22, 2012 at 5:19 PM

Funny how democratic presidential primary voting results get very little press.

slickwillie2001 on March 22, 2012 at 6:04 PM

the crowd at the ‘pipeline’ speech was not open to the public

a controlled autocracy causing one thing and assuring you he is the solution

I work as a geologist in the Gulf Of Mexico
it’s a crime what Obama’s policies have done to SHUT DOWN OIL EXPLORATION

audiotom on March 22, 2012 at 6:53 PM

I know Barney Frank produces too much gas. Don’t wanna know about any oil he produces….don’t ask, don’t tell, don’t wanna hear about it and don’t care.

http://www.youtube.com/watch?v=73CzXJsIatk

Obowma lies about increased oil drilling.
Here in California, Obowma’s EPA has prevented over the past 2 1/2 years new permits to drill water injection wells that increase our oil production. Oil production decreases at a rate of 10% a year without new water injection wells. With these new injection wells, an increase in oil production or a maximum decline of 2%-3%.

dthorny on March 22, 2012 at 7:05 PM

Tina, Obama is actually correct. Last year I worked on a number of guarantees for heavy infrastructure to alleviate the bottleneck he was talking about. Look at any of the public information for those firms operating fields in OK, ND, SD, WY, and they will all describe the bottleneck as being logistical rather than on the production side. As these projects have long completion cycles I am sure most of them are still in progress. You can only ramp up production so quickly and the longer cycle of exploration, discovery, extraction, are longer than any Presidential term. By all means go to town on the Gulf deep water projects held up or Alaska project that is halted but the issues in the middle west have little to do with drilling restrictions or regulations. Many of them are older fields which are profitable because of prices and new technologies and methods being used. We don’t have to make false accusations in order to make a case.

lexhamfox on March 22, 2012 at 7:07 PM

From API, The American Petroleum Institute:

http://www.api.org/~/media/Files/News/2012/12-March/API-US-DomesticProduction-Federal-vs-NonFederal.pdf

Obowma lies.

dthorny on March 22, 2012 at 7:12 PM

He has approved the southern portion

0bamaschwanzlicker on March 22, 2012 at 3:30 PM

It didn’t need or want his approval. It was already approved. Are you really this stupid and gullible?

Yes. Yes you are.

Jaibones on March 22, 2012 at 8:10 PM

http://www.koco.com/news/30740591/detail.html

Governor Mary Fallin didn’t take kindly to his taking credit for the project.

PappyD61 on March 22, 2012 at 8:36 PM

He stayed at a hotel in downtown OKC last night. I hope someone pointed out the new 850 foot Devon Tower that opens this year. Maybe he’ll ask himself “how did a private company afford to build that? Why was it built? Was it the result of private enterprise or public subsidies?” Doubt it though.

Meric1837 on March 22, 2012 at 3:10 PM

They only made money BECAUSE THE FEDERAL GOVERNMENT built the infrastructure for them to succeed. So ALL PRIVATE SECTOR owes their very existence and success to the Federal Government (God of the Progressive Religion)

PappyD61 on March 22, 2012 at 8:40 PM

Echo chamber talk and wacky ideas. I went to a school that had an environmental program.

0bamaderangementsyndrom on March 22, 2012 at 8:12 PM

I don’t believe you. You didn’t go to school.

Yoop on March 22, 2012 at 8:46 PM

Whoops, wrong thread. But still true…

Yoop on March 22, 2012 at 8:49 PM

“Day by day and almost minute by minute the past was brought up to date. In this way every prediction made by the Party could be shown by documentary evidence to have been correct; nor was any item of news, or any expression of opinion, which conflicted with the needs of the moment, ever allowed to remain on record. All history was a palimpsest, scraped clean and reinscribed exactly as often as was necessary.”
- George Orwell, 1984, Book 1, Chapter 3

Yep, that fits…

DublOh7 on March 22, 2012 at 10:22 PM

Southeastern NM is very conservative. Sometimes we wish we could disown the corrupt and artsy fartsy parts of NM and become part of TX again. ….
drflykilla on March 22, 2012 at 5:53 PM

Hi Neighbor.
Ditto.

LegendHasIt on March 22, 2012 at 10:51 PM

lexhamfox on March 22, 2012 at 7:07 PM

Sir: I was predisposed to reply to “deranged obama” but I suspect that they are a lost cause. You on the other hand seem to be somewhat savvy. I think if you check your data a little more closely you will see that the epa has more to do with this bottleneck than any thing else. Refineries are being closed all over America because of new regulations being written almost daily. I have 35+ years in the oil and gas industry and am now currently working in ND some 700 miles away from home because of the current bs coming out of Washington. I have yet to see a new well being drilled on a federal lease here and in fact had to come to ND because few federal leases are being let in my home state of WY. If this lying pos was working on my crew we’d toss him in the reserve pit and leave him for the buzzards.

jrsrigmvr on March 22, 2012 at 10:53 PM

All history was a palimpsest, scraped clean and reinscribed exactly as often as was necessary.”
- George Orwell, 1984, Book 1, Chapter 3

DublOh7 on March 22, 2012 at 10:22 PM

Today’s pundits don’t even need the scraping and re-inscribing.

Of course, these days, Orwell might have them just use an Etch-a-Sketch.

AesopFan on March 22, 2012 at 11:02 PM

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