June 26, 2017

Sarah Palin has the right to say "I told you so"

What a contrast.  Back in 2008 you had this from T Boone Pickens, "billionaire investor, philanthropist and energy reform activst" who warned against expectations that domestic oil drilling could ever contribute significantly to American energy independence.



Forget what candidate Obama was saying at the time, about bankrupting coal and promising to increase drilling (something he clearly did not follow through on). Meanwhile the most mocked woman in America, possibly ever in the history of the mainstream media, Sarah Palin was saying this - for which she was roundly mocked as not seeing the reality of American energy:



Flash forward 9 years to this.  Yesterday in Bloomberg:
Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance.

The president also plans to emphasize that after decades of relying on foreign energy supplies, the U.S. is on the brink of becoming a net exporter of oil, gas, coal and other energy resources...

“It’s about utilizing our abundance of resources at home to create jobs and grow the economy, and at the same time use those to strengthen America’s leadership and influence abroad,” said Michael Catanzaro, a special assistant to the president on domestic energy.

...The U.S. is on track to produce 10 million barrels of oil per day on average next year, according to a forecast from the Energy Information Administration -- a milestone that would shatter a record set in 1970.
For reference purposes only two countries in the world produced 10 million barrels per day in 2016, Russia and Saudi Arabia.  America is indeed on a path to energy independence, after an eight year stall under then president Obama. Granted not all that wealth of resources is from Alaska, but if anyone has the right to say, "I told you so" today, it's Sarah Palin. 
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