Limbaugh: Big Lies on Big Oil

  • David Limbaugh - GOPUSA
  • Mar 9, 2012

How much truth is there in President Obama's latest favorite mantra that we consume a disproportionate share of the world's oil, especially considering how little of the world's reserves we have?

Recently, Obama said: "But here's the thing about oil. We have about 2, maybe 3, percent of the world's proven oil reserves. We use 25 percent of the world's oil. So think about it. Even if we doubled the amount of oil that we produce, we'd still be short by a factor of five."

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