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

OP-ED: PROMESA Promises Hope for Puerto Rico and Its Investors

OP-ED: PROMESA Promises Hope for Puerto Rico and Its Investors By Rep. Rob Bishop & Rep. Sean Duffy Chapter 9 bankruptcy isn’t the only option for Puerto Rico With great power comes great responsibil...... Read more

Panel: Obama Administration Relies on Cherry-Picked Science and Non-Transparent Tactics to Justify Overreaching Agenda

Today, the Subcommittee on Energy and Mineral Resources held an oversight hearing to examine deficiencies in regulatory transparency at the Department of the Interior (DOI). Transparency is the corner...... Read more

Committee Announces Field Hearing on Controversial Monument Designation in Maine

On Wednesday, June 1, 2016, at 2:00 PM, in the East Millinocket Town Office, the U.S. House Committee on Natural Resources will hold an oversight hearing on “Elevating Local Voices and Promoting Trans...... Read more

View All News

Calendar

Legislative Hearing on H.R. 3480, H.R. 4202, H.R. 4789 AND H.R. 5244
Subcommittee on Federal Lands | 1324 Longworth House Office Building Washington D.C. 20515
Legislative Hearing on Water Settlements
Subcommittee on Water, Power and Oceans | 1334 Longworth House Office Building Washington D.C. 20515
Investigating the Culture of Corruption at the Department of the Interior
Subcommittee on Oversight and Investigations | 1334 Longworth House Office Building Washington D.C. 20515
View All Events