Last Thursday, Mitt Romney presented his “oil above all” energy plan, in which he promised “North American energy independence” by 2020. Far from comprehensive, the plan echoes the familiar “Drill, Baby, Drill” mantra from the 2008 presidential campaign, and offers no energy strategy beyond increasing domestic production of oil and gas, and increased access to Canadian tar sands crude.
Proving his devotion to “oil above all” was the graph that the presidential hopeful presented while unveiling his plan to a “modest crowd” in New Mexico. As far as graphics go, it's confused and misleading, so let me walk you through it in case you missed CNN's live coverage.
Though it's titled “North American Oil Production: Energy Independence by 2020,” the demand line represents only the United States' oil needs. Hey, at least the Romney team doesn't anticipate our oil consumption to rise over the next eight years.