Former Pres. of Shell Responds to Obama Taking Credit for Increased US Oil Production: ‘He Had Nothing to Do with It’

EXCERPT:

HOFMEISTER: "The facts are the facts. And, yes, production did increase throughout his term. But, frankly, he had nothing to do with it. 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. And if anything, he was trying to frustrate the efforts by taking federal lands off of the availability list, no more drilling. He shut down the gulf of Mexico for a period of six months, changed the regulations from an average of 60 to 80 pages per permit to 600 to 800 pages per permit. He also never approved the Keystone XL Pipeline after dangling all the potential customers for 8 years, and it was in the 8th year when he said no Keystone Pipeline.”