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Tag: bloomberg news
Despite election-year rhetoric, U.S. energy booming in Obama era
Stumping in Colorado before the GOP caucuses earlier this month, Republican presidential candidates Rick Santorum and Newt Gingrich zeroed in on energy policy, arguing that the Obama administration is pushing an environmentally radical anti-business agenda that is bad for the economy and for national security. The speeches went over well with conservative primary voters, but mainstream reporters and analysts have a whole different take on the energy-industry "problem" facing the United States in the Obama era, one that has to do with historically booming production levels.