GOOD

"Drill, Baby, Drill" Fails: American Oil Production Spikes Under Obama, Prices Still Soar

Domestic oil production has risen to the highest level in nearly a decade under Obama. That hasn't stopped the GOP from blaming him for oil prices.



On Climate Progress, Joe Romm has an extremely important post about the complete and utter failure of the "Drill, baby, drill" approach to energy security, and the absurdity of current Republican attacks that blame President Obama for soaring oil prices.

In fact, under President Obama, domestic oil production has risen to the highest levels since 2003. According to the Financial Times,


analysts believe the US was the largest contributor to the increase in global oil supplies last year over 2009, and is on track to increase domestic production by 25 per cent by the second half of the decade.

\n

Romm continues:

Domestic oil production is soaring, but so are global prices. It should be obvious that yet more drilling can’t have any significant impact on oil prices — particularly since the U.S. Energy Information Administration has been making that precise point for years now (see EIA: Full offshore drilling will not lower gasoline prices at all in 2020 and only 3 cents in 2030!).

The only thing that can protect Americans from the inevitably increasing oil shocks of Peak Oil is an aggressive strategy to reduce the country’s oil intensity (oil/GDP), including a steady increase the fuel efficiency of our vehicles — policies that conservatives have fought for decades.

\n

Of course this hasn't stopped certain Republicans from blaming Obama for the current oil price spikes. If you have the stomach for it, Think Progress has a collection of those ridiculous attacks.

If you prefer the wonky energy stuff—actually, even if you can just stand the wonky energy stuff—please go read the whole Climate Progress post. And be sure to tell everyone you know that domestic oil production has done nothing but consistently and sharply risen under the Obama administration. That we're producing more oil within our borders every day than all but the first year of Bush, the Younger's tenure.

Articles
via International Monetary Fund / Flickr and Streetsblog Denver / Flickr

Seventeen-year-old Swedish climate activist Greta Thunberg made a dramatic speech Tuesday at the World Economic Forum in Davos, Switzerland.

In her address, she called for a public and private sector divestment from fossil fuel companies

"Immediately end all fossil fuel subsidies and immediately and completely divest from fossil fuels. We don't want these things done by 2050, or 2030 or even 2021 — we want this done now," she said.

U.S. Treasury Secretary Steven Mnuchin mocked the teenager on Thursday during a press briefing in Davos.

Keep Reading
The Planet

Even though marathon running is on the decline, half a million people signed up to participate in the 2020 London Marathon. It seems wild that someone would voluntarily sign up to run 26.2 miles, but those half a million people might actually be on to something. A new study published in the Journal of the American College of Cardiology found that running a marathon can help reverse signs of aging.

Researchers at Barts and University College London looked at 138 first-time marathon runners between the ages of 21 and 69. "We wanted to look at novice athletes. We didn't include people who said they ran for more than two hours a week," Dr. Charlotte Manisty, the study's senior author and cardiologist at University College London, said per CNN.

Keep Reading
via David Leavitt / Twitter and RealTargetTori / Twitter

Last Friday, GOOD reported on an infuriating incident that went down at a Massachusetts Target.

A Target manager who's come to be known as "Target Tori," was harassed by Twitter troll David Leavitt for not selling him an $89 Oral-B Pro 5000 toothbrush for a penny.

He describes himself as a "multimedia journalist who has worked for CBS, AXS, Yahoo, and others."

Keep Reading
Communities