“Funneling taxpayer money to support green energy distorts the market and creates a huge amount of economic inefficiency — like a homeowner being pressured to use Uncle Bob for home repairs, even though the work is slow, poor quality and needlessly expensive, just because he’s family.”
by Merrill Matthews
Did President Obama somehow become the most pro-energy president in decades? You could be forgiven if that was your take-away from his comments on energy policy in his State of the Union speech.
But applying the Truth-o-Meter to several of his claims reveals a very different administration than the one on display during Obama’s speech.
Claim 1. “We produce more oil at home than we have in 15 years.”
The vast majority of increased oil and gas production has come from drilling on private lands, over which — thankfully — the Obama administration has no control. Continue reading