I didn't watch it, but heard clips of it later, as Obama was trying to say that domestic oil production has increased, while imports of oil to the US has decreased.
Then how come 103 applications for drilling in the Gulf of Mexico are sitting around, waiting for approval?
How come the Regime is still appealing a federal court striking down the Regime's moritorium on oil drilling in the Gulf?
More at the Washington Examiner.
Reminder--As for playing politics with our energy supply, what did Obama do last year, during the BP Oil Spill, when Crap and Tax was on the ropes?
"We must also recognize that the days of cheap and accessable oil are numbered." Barack Hussein Obama - June 2010