President Barack Obama's struggled to defend his price-boosting energy policies during a speech in Cushing, Okla., today, even as rapidly spreading criticism and rising gas prices damage his poll ratings.
"He was incredibly defensive because little of what he says is true — that's his dilemma," said Dan Kish, a vice president at the Washington, D.C.-based Institute for Energy Research.
Speaking off-the-cuff, Obama mistakenly said that "we only produce 2 percent of the world's oil."
According to the federal government's energy administration, the United States produces 10 percent of the world's production, making it the third-largest oil producing nation. (SEE ALSO: Poll finding 80 percent of Americans not better off 'so meaningless,' says Harry Reid [VIDEO])
"He doesn't know what he's talking about. … This is the most incompetent administration I've ever seen — and I started under [President] Jimmy Carter," Kish said.
Obama's error was likely a misstatement of his frequent claim that the nation posses only 2 percent of the world's oil reserves.
And even that repeated contention was again denounced today by The Washington Post's "Fact Checker" column, which declared that Obama's claim "is just simply wrong."
Read more: http://dailycaller.com/2012/03/22/obama-touts-energy-policy-flubs-fuel-fact-video/#ixzz1pu7eopZA
