President Obama is Wasting America's Energy Windfall

Oil imports could soon be a thing of the past.

That's the main takeaway from a new report from Nordic consulting firm Rystad. Researchers estimated the total recoverable oil reserves still buried under American soil. The final figure is astonishing: 264 billion barrels -- more than any other nation in the world.

Unlocking these reserves would generate tremendous benefits for the economy and move America towards full energy independence. Yet the White House has repeatedly stood in the way. Time and again, this administration has tried to smother our businesses with excessive regulations.

Con...