The United States is a much bigger player in the energy sector than President Obama would have Americans believe, Sen. Lisa Murkowski said Friday.
“We do have abundant reserves here in this country,” she said on CNBC’s “The Kudlow Report.”
The Alaska Republican made the case that the numbers Obama was using were out of date.
“The president has been saying for months, for years now, that we’ve got 2 percent of the world’s supply, and we’re running out,” she said. “There’s a difference between what is a proven reserve — in other words, what has actually been drilled for and has been produced — versus technically recoverable.”
On Tuesday, Obama called for increased measures against oil speculation in an effort to lower gasoline prices.
“There are politicians who say if we just drill more, gas prices will come down,” he said. “What they don’t say is that we have been drilling more.”