"For the first time in thirteen years our dependence on foreign oil is below fifty percent," the narrator says in the new Obama ad.
"That's correct. These are facts. Facts do not lie," Oppenheimer & Co. energy analyst Fadel Gheit told POLITICO Thursday.
When asked, though, whether the Obama administration's policies have helped wean the U.S. from foreign oil, Gheit was equally emphatic.
"Absolutely not true," Gheit said. "It was all market driven and all through American ingenuity….It was no thanks to Washington, not thanks to lobbyists, not thanks to anybody."