Financial Expert and Radio Host Dan Celia Estimates U.S. Lost $500 Billion in Revenue When Obama Stopped Oil Drilling on Federal Land

February 10, 2016
*** NEWS RELEASE ***

For Immediate Release

February 10, 2016

CONTACT:  Deborah Hamilton, Hamilton Strategies, 215.815.7716, 610.584.1096, ext. 102, or Jen Wozniak, 610.584.1096, ext. 100, Media@HamiltonStrategies.com

Financial Expert and Radio Host Dan Celia Estimates U.S. Lost $500 Billion in Revenue When Obama Stopped Oil Drilling on Federal Land

President Uses BP Oil Spill Tragedy to Push Electric Cars and Suggests Huge New Oil Tax; Celia Discusses the Economy and the Presidency on ‘Financial Issues Live’

PHILADELPHIA—We all like paying less at the pump, right?

But if President Obama has his way, the low gasoline prices Americans are currently experiencing might not be around for long. The President is proposing a $10-per-barrel “oil fee”—essentially another tax—that could raise gas prices about $.25 per gallon at the pump, Forbes reports.

On his daily television and radio show, “Financial Issues Live,” financial expert Dan Celia focuses on financial stewardship every day when talking to thousands who want to honor God with their finances. This week, Celia, also the leader of Financial Issues Stewardship Ministries (FISM, www.financialissues.org), talked about the link between oil prices and the economy.

“This is the president who stopped oil drilling on federal land after the BP oil crisis,” Celia said on the air this week. “He thought that was his moment when he was going to get an electric car in every driveway in the country. He was just going to stop the drilling. He thought he had the perfect excuse.”

Celia estimates that the U.S. gave up, conservatively, $500 billion in revenue. A $10 tax per barrel wouldn’t be remotely necessary if America was utilizing federal land for drilling and thus realizing the revenue generated from that production.

“So now,” Celia continued, “we’re going to make up for that lost revenue by putting a tax on the back of American citizens. … Does that make any sense?”

Gas prices are averaging about $1.72 across the country, according to AAA’s Daily Fuel Gauge Report accessed on Feb. 10, 2016.

            Watch the “Financial Issues” clip: Electric car in every driveway?

            Watch the “Financial Issues” clip: Obama, don’t tax us for things the private sector can do

Celia also often educates listeners and viewers about his stock “sell” list, encouraging those who strive to be biblically responsible with their investing to sell certain stocks based on the company’s involvement in immoral or anti-biblical issues, such as having stake in Planned Parenthood funding, pornography or other organizations that should be concerning to Christians.

Celia hosts the daily, two-hour radio and television program, “Financial Issues Live,” where he takes calls from around the country, answering questions about investing, estate planning, giving, saving and stewarding finances in wise and godly ways.

“Financial Issues” has grown through radio, television and live streaming and now airs on more than 350 radio stations across the country. The program is also seen on the National Religious Broadcasters (NRB) television network, reaching 45 million households, and BizTV, which reaches millions more in major markets, along with many other independent radio and TV stations.

Throughout the year, Celia also hosts popular and well-attended townhall gatherings at churches and other venues, where people can spend an evening with him to learn more about how to biblically manage their money and investments.

A financial expert and author backed by decades of financial experience, Celia is personally in touch with thousands of people each week from across the country. He has worked for 35 years as an entrepreneur and businessman, and has developed a biblically responsible system of financial management with great success. Celia started his radio program in 1997 and has interviewed newsmakers, experts, lawmakers and presidential candidates. He is a board member for American Family Association, speaks at conferences, townhall meetings and investment conferences around the country, is the author of six books and publishes a weekly newsletter.

For more on Financial Issues Stewardship Ministries, visit its web site at www.financialissues.org, its Facebook page, the YouTube channel, Financial Issues with Dan Celia or its Twitter feed, @financialissues.

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To interview Dan Celia of Financial Issues Stewardship Ministries, contact Deborah Hamilton at 215-815-7716 or 610-584-1096, ext. 102, or Jen Wozniak, 610-584-1096, ext. 100, Media@HamiltonStrategies.com.

Dan Celia is president and CEO of Financial Issues Stewardship Ministries, which shares the Gospel through motivating God’s people to be responsible stewards of God’s money, ultimately helping people make good financial decisions that will increase their ability to give and grow the kingdom of God. FISM believes that only revival will transform America back to its Christian heritage and biblical values. Celia and his wife, Yvonne, have two married daughters and six grandchildren.

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The President’s $10-per-barrel oil tax wouldn’t be necessary if America was drilling on federal land—a practice Obama halted after the BP oil crisis, resulting in lost revenue of upwards of $500 billion.

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