The Obama Administration is touting that our "dependence on foreign oil has gone down every year during the Obama Administration, including a reduction in net oil imports by ten percent--or one million barrels a day--in the last year alone."[1a] While good news, this trend is happening not because of policies or actions taken by the Obama administration, but because of 1) a poor economy and high oil prices resulting in a lower demand for oil, 2) an increase in oil production on private and state lands (not federal lands) due to less bureaucratic red tape in leasing and permitting on private and state lands, and 3) an increase in biofuel (mainly ethanol) production due to the mandates from the Energy Independence and Security Act of 2007.
