Obama: Thank Me, Not Trump, For Booming Oil Economy
Barack Obama tries to take credit for Trump's work
Former President Barack Obama has attempted to take more credit for Donald Trump's work, this time for transforming the U.S. an oil-producing powerhouse.
The United States is now in the midst of an economic boom, something that was kickstarted by Trump, who reversed almost all of Obama's failed policies, yet we expected to believe it was the work of Obama.
“I was extraordinarily proud of the Paris accords because ... I know we’re in oil country and we need American energy and, by the way, American energy production,” Obama said at a Rice University gala in Houston on Tuesday.
“You wouldn’t always know it, but it went up every year I was president. That whole, suddenly America’s like the biggest oil producer and the biggest gas — that was me, people," he added to applause.
Obama then addressed the people in Wall Street complaining about "anti-business" measures.
"Sometimes you go to Wall Street, and folks will be grumbling about anti-business. I said, 'Have you check where your stocks where your stocks were when I came into office [and] where they are now? What are you complaining about? Just say thank you please,'" Obama shouted.
Obama: "Suddenly America is the largest oil producer, that was me people ... say thank you." pic.twitter.com/VfQfX1SR0x— Tom Elliott (@tomselliott) November 28, 2018
The U.S. has now transcended both Saudi Arabia and Russia in oil production, according to the Energy Information Administration
The previous year, the U.S. shifted to being a net exporter of natural gas, meaning it exported more than it imported.
Trump has transformed oil and natural gas exports as critical pieces in his energy dominance agenda.
But Obama took actions during his administration to regulate emissions from oil and gas wells, something which Trump is repealing.
It's easy to see where the credit is due.