Democrats have made it pretty clear over the years that they aren’t really into fossil fuels and Obama did everything he could to make sure that we don’t take advantage of the natural resources we have in this country. Luckily, Democrats aren’t in charge at the moment which basically means drill baby drill.
For the first time in 75 years, the American oil industry is booming.
From The Daily Wire:
For the first time in 75 years, the United States exported more oil than it imported, carrying out a pledge from President Trump that America can achieve “energy independence.”
While the U.S. has been a net oil importer since 1949, over the final week of November, U.S. net imports of crude oil and petroleum products fell to minus 211,000 barrels per day (bpd) — which means America exported more than it imported, according to data from U.S. Energy Information and Administration.
Oil production has been booming in the U.S. as the shale revolution swept the nation. America is now the world’s largest producer of petroleum, passing Russia and Saudi Arabia. As the U.S. oil boom spread, the power of OPEC was reduced and gas prices in the U.S. have dropped from the $4+ highs under former president Barack Obama.
Obama tried to take credit for the low gas prices the other day. That’s obviously ridiculous. Trump is responsible for the current economy and he’s responsible for the booming oil industry. We have the resources and it’s refreshing to have a president who isn’t afraid to use them.