President Barack Obama says the booming oil and gas industry is helping create thousands of jobs in America’s natural gas market.
“That’s right,” he said during an interview with CNBC, referring to the oil and natural gas boom.
“And you know what?
We’ve created thousands of new jobs.”
In the interview, which aired Sunday, Obama said he doesn’t blame the oil price spike for some of the job losses that are occurring in the natural gas industry.
The president was responding to a question about why he has been reluctant to impose a price on carbon dioxide, or carbon dioxide pollution, which he said is not fair.
He also criticized the Republican-controlled Congress for not passing a carbon tax and said he thinks the U.S. needs to create more jobs.
Oil production in the United States jumped nearly 2.3 million barrels a day in July, according to the Energy Information Administration.
The jump was driven by a 1.6 million-barrel rise in U.P.E. output from July to September.
That was followed by a 538,000-barrier jump in U-Pec output.
The natural gas production boom has been a boon to the nation’s economy.
Since the start of the decade, the number of American jobs that have been created has increased by more than 500,000, according, the Department of Labor.
The number of Americans with jobs has more than doubled since the start.
But the economy has also lost more than 6.3m jobs since Obama took office, according the Labor Department.
That’s because the jobs in the U-Haul industry have been replaced by jobs in other sectors, including restaurants, hotels, retail, service businesses and retail sales.
The Energy Information Agency says the U.-Pec boom has created a net loss of more than 1.2 million jobs, though that figure includes about 1.5 million U.
The Energy Department said on Monday that it expects the U,Pecs net loss to be less than half that figure.
The White House says that the president’s views on the economy are not rooted in economics, but instead in the president saying that the economy is in a recovery and that it has been “driven by new energy technologies and a big shift in how we do business.”
But the energy industry has been hit hard by the economic downturn, which has been particularly tough on U-Miles, a natural gas pipeline.
That company has had to lay off about 8,500 workers, including 600 workers on Monday.