Tag Archives: Oil

Halliburton, drilling and gas prices

Here’s something for the “Drill Baby Drill” crowd. After a steady decline during George Bush’s administration, U.S. domestic crude oil production has climbed during the Obama administration to levels last seen in 2004, when gasoline prices were below $2 per gallon.

Drill Baby Drill

Motoring advocates around the nation cheered President Barack Obama’s reversal of a Reagan era moratorium on Atlantic and Florida Gulf Coast oil drilling yesterday. Read below for the background and Motolicious endorsement.