President Obama and his “green energy” environmentalists have been warning for years that oil and gas usage on the planet is coming to an end.
In typical, left-wing scare tactics, the Obama Administration is urging all Americans and the rest of the world to “go green” with energy sources because oil and gas are running out and soon we won’t have any gas to run our cars and nor any oil to heat our homes.
But, are the President’s so-called experts right about this, or is there another agenda at work here?
CBN News provides some answers:
It would be hard to find anyone in all of America who has been more wrong on the American energy story than Barack Obama.
Oil prices have fallen from $105 a barrel in the summer of 2014 to hovering at $35 a barrel today. That’s a two-thirds reduction in the price and the biggest factor is shale oil brought to you by fracking. In many areas of the country gas is now less than $2 a gallon and it could fall further in the weeks ahead.
The falling price means, of course, an expanded supply. But now listen to Obama, who has lectured the nation on energy as if he were one of the top experts for the last eight years.
?In a 2008 Speech in Lansing, Michigan, presidential candidate Obama was all doom and gloom about oil, advising: “We cannot sustain a future powered by a fuel that is rapidly disappearing.”
Then in 2010 from the Oval Office he solemnly declared: “We’re running out of places to drill,” and he jeered that the oil and gas industry might want to start pumping for oil near the Washington Monument.
During a 2011 Weekly Address he referred to oil and gas as “yesterday’s” energy sources.
Then during a speech at Georgetown University, he pontificated: “The United States of America cannot afford to bet our long-term prosperity, our long-term security on a resource (oil) that will eventually run out.”
By the way this discredited Malthusian belief that we are running out of oil is still widely believed by many scientists and pundits as well. Paul Krugman of the New York Times wrote in 2010 that “the world is fast approaching the inevitable peaking” of global oil production and that “world commodity prices…are telling us that we’re living in a finite world.”
That was when prices were abnormally high. So if high prices tell us we are running out, then obviously low prices must tell us supply is rising.
So, if these were all lies and miscalculations by the Obama Administration and his “experts”, what is the real truth? And, how often have the “experts” been wrong about the amount of oil in the ground for our energy needs?
CBN News provides background:
These predictions of the end of oil have been going on for most of the last century. ?Just over 100 years ago, the U.S. Bureau of Mines estimated total future production at 6 billion barrels, yet we’ve produced more than twenty times that amount. In 1939 the Department of the Interior predicted US oil supplies would last thirteen years.
The folks at the Institute for Energy Research ?recently published a study showing three data points: first, the government’s best estimate of how much oil we had in America 50 years ago.
The second was how much US oil has been drilled out of the ground since then. And the third is how much reserves there are now.
Today we have twice as many reserves as we had in 1950. And we have already produced almost ten times more oil than the government told us we had back then.
Technology and innovation account for the constant upping the amount of “finite” oil we can produce. We discover new sources of oil much faster than we deplete the known amount of reserves and so for all practical purposes, oil and natural gas supplies are nearly inexhaustible. Fracking is the latest game changer and the access it gives us to shale oil and gas resources has virtually doubled over night. And this technology boom in drilling is just getting started.
Yep, that’s right. We have been lied to for almost a century about how much oil and gas are potentially available for human energy needs.
Actually, as the technology for oil exploration and extraction has improved, the larger the numbers of reserves have grown.
No, we are NOT running out of oil and gas. We now have more than ever because we have found more and can get at more than ever before.
Don’t expect to hear these truths from the national media; and definitely not from Mr. “Climate Change/Global Warming” – Barack Obama. These realities go completely against his carefully crafted, fraudulent scheme to destroy American capitalism and energy self-reliance.
But, as CBN News points out, President Obama will say anything, except the truth, to keep his pet “legacy achievement” alive:
Lately, even Obama doesn’t make the claim that we have to use green energy because we are running out of oil.
Instead he now says we should keep our super-abundance of oil “in the ground,” even as he tries take credit for the low prices.
In reality, if we do what Obama wants, gas at the pump and electricity are going to be more expensive. If you don’t like $1.89 gasoline at the pump, you’re probably a big fan of the Obama energy/climate change agenda.
Hopefully, Obama will stop resorting to the century long false fear that we are running our of oil as an excuse for using much more expensive and much less efficient “green energy.”
Political pay-offs, punishment of “enemies”, destruction of free markets, and government control of energy production – all of these are Obama’s real reasons for pushing “green energy” and for attempting to destroy the oil, gas, and coal industries.
When the American people learn the real truth, liberal Democrats won’t even win elections for “dog catcher” any more!
About Russ Hepler
Russ Hepler is a pastor, teacher, political activist, author and conference speaker with over 30 years’ experience. He holds a B.A. from Messiah College and an M.A.R. from Evangelical School of Theology. He has been an issues’ advocate, a campaign volunteer for local, state, and federal candidates, Regional Field Director for PA Christian Coalition and president of a county chapter of Pennsylvanians for Human Life. His first book – Yes! We Can Turn This Nation Around! A Practical Guide for Christian Political Involvement – was published in 2012. He and his wife, Sherry, have founded Transformation 1202 Ministries to educate, encourage, and challenge people of faith to get involved in the political and cultural issues of our day.