...President Barack Obama claimed that under his administration, oil production in America was “at an eight-year high,” that the number of operating oil rigs had quadrupled, and that millions of acres had been opened for drilling, which were assertions that did not present all the facts, said energy experts
There's a very simple reason for the price of petroleum, by the way:
“The problem is that we have had no plan in this country to take care of ourselves. We have been living off imports for most of the last 30, 40 years,” Hofmeister said.
That guy happens to be a registered Democrat, folks.