The Obama Administration insisted that the rapid decline of oil production due to their anti-drilling policies would not affect the price of oil

OPEC 1 – America 0

By Institute for Energy Research —— Bio and Archives--June 8, 2011

Global Warming-Energy-Environment | Comments | Back To Full Article

Last year, the Obama Administration placed a moratorium on drilling in the Gulf of Mexico. After that ban was lifted, they left a permitorium in place so that American energy companies were still unable to return to work in the Gulf.

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