Wednesday, March 21, 2012

The "Two Percent" Lie, Again

Seems like the Leader of the Pond-Scum has a habit of lying.  Doh.

...He loves to tell audiences that we need to invest billions in “green” energy because we only have 2% of the world’s oil reserves, and consume 20% of the oil. We and many others have called Obama on this misrepresentation many times. His fibbing has been so persistent that even the Washington Post has called him on it. “Reserves” in the United States (unlike other countries) include only petroleum that can profitably be recovered at current prices, and that it is legal to develop under existing laws and regulations. So Obama’s reasoning is circular: if we opened up ANWR, for example, to drilling, our “reserves” would expand dramatically, overnight.

There's the truth, and then there's Obozo-isms.

HT:  PowerLine

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