I'D ALWAYS HOPED that the president’s “all of the above” energy strategy was a mere campaign slogan, a way to avoid riling anyone up as he ran for re-election. But he’s made pretty clear that it’s actually his guiding light.
“The all-of-the-above energy strategy I announced a few years ago is working,” he crowed in his State of the Union address. And indeed it is, if the goal is to drill, baby, drill. In Obama’s time in office, U.S. oil production has increased 50 percent; analysts estimate that by the time he’s gone in 2016, we’ll have literally doubled the amount of oil we produce in this country. The curve for natural gas production has been almost as steep, and though we’re burning less coal in our own power plants the amount we export has hit record highs.
In political terms, Barack Obama holds us environmentalists at bay with pretty words on climate change, but when it comes time to drill he’s the go-to guy. As he told a crowd of cheering oilmen in Oklahoma during the last campaign, “over the last three years, I’ve directed my administration to open up millions of acres for gas and oil exploration across 23 different states. We’re opening up more than 75 percent of our potential oil resources offshore. We’ve quadrupled the number of operating rigs to a record high. We’ve added enough new oil and gas pipeline to encircle the Earth and then some.”