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Fact Checking Obama in the Debate
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Description
FBN’s Lou Dobbs separates the facts from fiction in the second Presidential debate.
- Duration 3:30
- Date Oct 17, 2012
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Transcript
This transcript is automatically generated
In the last four years you cut permits and licenses on federal land in federal waters in half not -- governor -- so how much should you cannot -- by how much to -- by the governor we're actually produce more oil you know how much ought -- licenses -- permits and -- when a federal waters.
Well we're we're going to be something the president wouldn't do he refused to answer that question last night.
Saying by the -- administration.
Only took away leases for oil companies were using -- -- -- that are.
-- -- -- lose access Reuters fan let's take a look at some facts.
During the last three fiscal years under President Bush will compare those than 23 years under President Obama.
Under bush there were over ninety.
600.
New leases 9600.
-- -- for federal lands under President Obama and mrs.
bush.
Mrs.
Obama.
Under President Obama for the three most recent fiscal years there have been only.
5500.
Leases 5500.
-- That works out to.
In decline of 42%.
Governor overstated a -- by 8%.
Not -- -- just 42%.
Decline.
Let's take a look at the drilling permits for the comparable period.
Over 20000.
It would be balanced.
-- permits under President Bush.
And under President Obama.
-- -- That's a 37%.
Decline.
And there -- again 50% but dramatic and stunning nonetheless.
On oil production Romney said production of oil on government land is down 14%.
Down 14%.
The president claims it's up well according to energy information.
Data governor Romney is writing in from 2010.
Last year there was a nearly 14%.
To decline.
Of oil from federal alliance in the two previous years.
Though production had been higher.
Production rose overall during those two years by almost 11%.
The governor Romney it's exactly right about what he said -- he said in the last year.
And what about gas production it is down 17%.
Down 17%.
On -- Over the course of the president's time in office and the president he likes to talk about that all of the above energy strategy.
But just two months ago his administration banned drilling in nearly half of the 23 and a half million acre National Petroleum Reserve -- -- -- And we look ahead to -- a potential second term.
According to the congressional research service the Obama administration's plan for the next five years.
Will be to reduce leases to the lowest number since the process began back in 198.
About these numbers down here bottlers for mind you.
It's the number of times.
That moderator Candy Crowley in erupted.
Governor Romney.
President Obama.
We should put this -- moderator.
Number time she -- erupted the president.
And governor wrong.
