One of the first actions the Obama team took when it assumed office in was to direct Secretary of the Interior Salazar to cancel 77 shale oil and gas leases in Utah. The next year they canceled 61 onshore leases in Montana. TheGreen River shale formation in Utah, Wyoming, and Colorado, has an estimated 800 billion barrels of oil, which is three times the proven reserves of Saudi Arabia. Federal law prohibits drilling for most of these resources. In the Bakken oil shale formation in the Dakotas, there are an estimated 20 billion barrels of oil.
In the Marcellus shale formation in West Virginia, Pennsylvania, and New York, there
could be as much as 500 trillion cubic feet of natural gas, the largest natural gas field in
the world.
This chart from the US GeologicalSurvey …

How about that hopey changey thing working out for you? You like the $4 a gallon gasoline? Thank Obama.
As this charts below shows, the USA has all the fossil fuel it needs for 100s of years.


And then the other day Obama said that the USA production of oil is the largest ever. Well that was just a lie …

Peaked with Jimmy Cater as as he shut production down it’s been going down ever since. So isn’t the real question why does the USA give hundreds of billions of dollars to Saudi Arabia each year?
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