2016 nominees are posted here: http://themilliondollarway.blogspot.com/2016/01/the-geico-rock-award-2016.html.
It is noteworthy that she made that comment within a day or two of President Obama sending a $4.1 trillion budget to Congress with a plan to pay for increased spending to save the Maldives by adding a global crude oil fee of $10/bbl. I did the math and found that the money raised through that $10/bbl would be no more than a rounding error in a $4.1 trillion bill.
Apparently, President Obama's advisers did the math after reading the blog. They have since raised the $10/bbl proposal to $10.25.
Okay, that's good.
I thought I had posted the math.
The US produces 10 million bopd.
At $10/bbl = $100 million.
Over one year, x 365 = $36,500 million = $36.5 billion. Let's call it $50 billion.
Now, that $4.1 trillion budget.
That's $4,100 billion.
Can anyone tell me the difference between $4,150 billion, $4,100 billion, or $4,050 billion?
That's why they call it a rounding error.
50 / 4,100 = 1%.
But if it will kill the US oil and gas industry and save the Maldives, it it probably worth it.
Disclaimer: I often make simple arithmetic errors. If this information is important to you, get out your own calculator. My calculator doesn't go past nine zeroes. Until recently, that was not a problem.