Chart of the Day – Drilling on Federal Lands

Today President Obama said “Don’t tell me we’re not drilling. We’re drilling all over this country.” As usual, he wants to have things both ways, and failed to tell the whole story. What he didn’t mention is that fossil fuel production on  federal lands has sunk to a 9 year low. Here’s the chart showing the big drop.

Read the full report at the Institute for Energy Research.

Rather than increasing production, Obama is talking about tapping the strategic oil reserve, even though it didn’t do anything to bring gas prices down the last time he tried that.