Author Topic: Ex-Shell President John Hofmeister: Obama 'had nothing to do' with oil-and-gas boom  (Read 455 times)

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Offline mrclose

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Former Shell Oil President John Hofmeister is pouring cold water on former President Barack Obama’s claims that he’s responsible for the country’s boom in oil and gas production.

Mr. Obama on Tuesday told the audience at a gala for Rice University’s Baker Institute that he deserved credit for the oil-and-gas boom that his successor, President Trump, is now enjoying.

“You wouldn’t always know it, but it went up every year I was president,” the former president said to applause. “That whole — suddenly America’s like the biggest oil producer and the biggest gas — that was me, people.”

Mr. Hofmeister, who now serves as CEO for Citizens for Affordable Energy Inc., appeared on Fox News Thursday suggesting that U.S. oil and gas production increased in spite of Mr. Obama’s policies.

“Yes, the production did increase throughout his term, but, frankly, he had nothing to do with it,” Mr. Hofmeister said on “Fox & Friends.”

“This was production in states like Texas, Oklahoma, Pennsylvania, Ohio, Colorado, North Dakota, in particular. And these were all state decisions made with industry applications for permits. The federal government had no role,” he added.


“[Mr. Obama] was mostly in the way when it came to any carbon-based fuel, but when it came to the actual facts of the matter, because there were areas beyond his jurisdiction, things got done.

https://www.washingtontimes.com/news/2018/nov/30/john-hofmeister-ex-shell-president-obama-had-nothi/
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Online Free Vulcan

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Obama did everything he could to kill it even while the economic activity it generated was saving his admin.

Laughing at him. He's so desperate to be relevant right now, even to throwing the core foundation his Presidency under the bus just to be part of the team.
The Republic is lost.

Offline IsailedawayfromFR

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Easy to rebuke Obama on this one as if he was the reason behind the success, why did his policies take this long to realize its current success?

Instead, we had to wait years before we could be where we are now.
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington