The Derp
Gold Member
- Apr 12, 2017
- 9,620
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- #461
Frackers drilled more. Prices were lower. Obama was wrong. Again.
Wait a second! You just said in the post before that the natural gas prices were "higher". I posted from the EIA that wasn't even close to true. So you were wrong about that point, weren't you? You mistakenly thought that natural gas prices were higher because of Obama's regulations, but they turned out to be at a 20-year low, which is the opposite of what you thought.
So what I want to know is why you thought that energy prices were higher under Obama? Who told you that? Because we know you didn't reach that conclusion on your own. If you had not been so lazy and actually did the work of researching this, I wouldn't have to humiliate you by proving you wrong on a message board. So who told you that energy prices went up under Obama? Who fed you that lie? From where did you get it? Because we know you didn't come to that conclusion on your own.
Obama attempted to restrict supply. Did you forget the supply/demand curve from the Econ 101 class you failed?
LOL! Attempted to restrict supply, how? What the fuck are you talking about? Oil production increased during Obama. In fact, from Forbes:
The irony is that President Obama - who is not viewed as a friend of the oil and gas industry - has presided over rising oil production in each of the seven years he has been in office. (On a separate note, expect that streak to be broken in 2016). From that low point in 2008, U.S. oil production has grown each year to reach 9.4 million bpd in 2015 -- a gain of 88% during Obama's presidency. This is in fact the largest domestic oil production increase during any presidency in U.S. history.
So now what we have is an instance of you making shit up again because you didn't bother to have the minimal effort required to conduct a simple Google search to support your point before making it. I mean, really, it's just intellectual laziness and sloppiness with your posts at this point.