Dante once said that the hottest places in hell are reserved for those
who in a period of moral crisis maintain their neutrality.
-- John F. Kennedy

Thursday, September 18, 2008

Energy Inflation

You may have heard that Gov. Sarah Palin "knows more about energy than probably anyone in the United States of America." That's what John McCain said in an ABC interview, Sept. 11, 2008.
She recently said, "My job has been to oversee nearly 20 percent of the U.S. domestic supply of oil and gas." Sept. 15, 2008.
These numbers have been repeated by McCain and other surrogates several times in the past few week.
Looks like it's time for FactChecker to weigh in.

The woman touted by John McCain as the most knowledgable person in America on energy issues has been having a lot of trouble getting her basic energy statistics straight. Last week, Sarah Palin told Charlie Gibson of ABC News that her state, Alaska, produced "nearly 20 percent of the U.S. domestic supply of energy." Yesterday, she told a campaign rally in Golden, Colorado, that she had been responsible for overseeing "nearly 20 percent of the U.S. domestic supply of oil and gas." Both claims are way off.

The Facts
While Alaska is a leading producer of crude oil, it produces relatively little natural gas, hardly any coal, and no nuclear power. Its share of oil production has been declining sharply, and now ranks lower than Texas and Louisiana. As the following table shows, Alaska is the ninth largest energy supplier in the United States, accounting for a modest 3.5 percent share of the nation's total energy production.
...

After the non-partisan Factcheck.org pointed out Palin's error in her interview with Gibson, the Alaska governor revised her claim somewhat, limiting it to oil and gas. But data compiled by the Energy Information Administration contradict her claim that she oversees "nearly 20 percent" of oil and gas production in the country. According to authoritative EIA data, Alaska accounted for just 7.4 percent of total U.S. oil and gas production in 2005.

It is not even correct for Palin to claim that her state is responsible for "nearly 20 percent" of U.S. oil production. Oil production has fallen sharply in Alaska during her governorship. The state's share of total U.S. oil production fell from 18 percent in 2005 to 13 percent this year, according to the EIA.

The Pinocchio Test
The Republican vice presidential nominee continues to peddle bogus statistics three days after the original error was pointed out by independent fact-checkers. Four Pinocchios.


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1 comment:

Anonymous said...

RUPERT MURDOCH, media mogul, says Obama's economic policies are naive and old fashion:

In a live interview on Your World with Neil Cavuto on FOXNews, Rupert Murdoch, CEO of News Corp. (Wallstreet Journal, New York Post) said that Obama's policies are naive and outdated as they applied to the state of the U.S. economy of the 1960s. Murdoch stated that if allowed to unfold, Obama's economic policies would prevent job creation in America, shrink the American economy, and slow many economies around the world.