Home > newsroom > Page
U.S. Dependence on Middle East Oil Increases Under President Obama While Federal Oil and Natural Gas Production Decline


WASHINGTON, D.C., February 28, 2013 - The U.S. Energy Information Administration (EIA) yesterday released disturbing new data that shows the United States has been increasing its dependence on oil from one of the most unstable regions in the world. Middle Eastern oil now accounts for more than 25 percent of American oil imports—a nine year high that has come at the same time as record gasoline prices.

No wonder gasoline prices have increased from $1.84 per gallon to as high as $4 per gallon under President Obama’s failed leadership. The United States cannot expect stable gasoline prices when we significantly increase our dependence on unstable Middle Eastern oil. Developing our nation’s own energy resources insulates us from the price shocks brought upon by instability in the Middle East.

President Obama likes to talk about the increased oil production coming from state and private lands that his Administration serendipitously stumbled into and has no control over. However, the President never mentions the decline in federal oil and natural gas production that has come on his watch and that he is responsible to administer.

EIA data shows that under President Obama failed energy leadership, oil and natural gas production of federal lands has declined 14 and 11 percent, respectively. Total federal energy production is down 7 percent since 2003. This is a direct result of President Obama’s anti-energy policies including taking on average 30 percent longer for approval of an onshore energy permits and offering the least number of offshore leases in the history of America’s offshore drilling program.

###

Printable PDF of this document


Contact: Jill Strait or Spencer Pederson 202-226-9019

Latest News

Committee Chairmen: EPA Releases Burdensome and Duplicative CERCLA Financial Assurance Rules

Today, the Environmental Protection Agency (EPA) released proposed requirements for risk management and financial assurance under the Comprehensive Environmental Response, Compensation, and Liability ...... Read more

GO Act Increases Opportunity for Recreation on Federal Lands

Today, the Subcommittee on Federal Lands held a legislative hearing on three bills, including H.R. 5129 (Rep. Doug LaMalfa), the “Guides and Outfitters Act” (GO Act). The GO Act streamlines the recrea...... Read more

Obama Administration’s Closing Acts on ESA Deliver Big for Radical Left Litigants

Today, the U.S. Fish and Wildlife Service (Service) announced the completion of initial reviews of three Endangered Species Act (ESA) petitions, including one setting the clock to potentially re-list ...... Read more

View All News

Calendar

Examining Decades of Data Manipulation at the United States Geological Survey
Subcommittee on Oversight and Investigations | 1324 Longworth House Office Building Washington D.C. 20515
View All Events