Rhetoric VS. Reality
Policy-makers are talking a lot about energy and energy policy. What follows are some of the most frequently heard claims and proposals, along with realities that need to be considered when evaluating these claims.
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Myth: According to President Barack Obama:
Myth: According to President Barack Obama: "Oil companies are drilling a mile beneath the surface of the ocean -- because we're running out of places to drill on land and in shallow water."
Truth: According to the Department of Energy, nearly 85% of the nation's offshore resources are restricted by the government for exploration. Similar government restrictions are preventing onshore access in parts of Alaska and the Rocky Mountain States that could produce 1.125 million barrels of oil per day and an additional 2.4 billion cubic feet of natural gas per day.