Monday, February 27, 2012

Gas prices gone wild!

Gasoline $4 a gallon in an election year? In fact, gasoline stations may have to hire part-time 'price adjustment technicians' just to keep up with the hourly prices increases. That's at least a few jobs Obama can take credit for. You're about to find out why.

Finally we know of at least one thing the 'left' can't blame on George W. Bush. One administration ago on June 20, 2008, came this plea: President George W. Bush urged Congress this week to end a ban on offshore oil drilling, responding to consumer anxiety over soaring gasoline prices. Bush said opening federal lands off the U.S. coast — where oil drilling has been banned by both a presidential executive order and a congressional moratorium — could yield about 18 billion barrels of oil. By Reuters Staff

Two years later with our current President at the helm on December 1, 2010 it was revealed that: The Obama administration announced on Wednesday that it had rescinded its decision to expand offshore oil exploration into the eastern Gulf of Mexico and along the Atlantic Coast because of weaknesses in federal regulation revealed by the BP oil spill....Ken Salazar said that a moratorium on drilling would be in force in those areas for at least seven years, until stronger safety and environmental standards were in place. By NYT JOHN M. BRODER and CLIFFORD KRAUSS

You are paying more at the pump today, right now, because of President Obama, at least until 2017 that is. Take heart, for only have five more years to wait. No worries for Mr. Obama however, who will be a private citizen by then.

Since the United States remains energy dependent, we are at the mercy of whatever price any oil producing country wants to charge us. Unfortunately, they have a different attitude "The West's determination to prevent Iran acquiring nuclear weapons is coming at a price - a price that might include a second global recession triggered by an oil shock," said David Hufton from the oil brokerage PVM. Isn't it time we started using our own natural resources rather than drain those from some distant, far off country? Why aren't those who have the very same concerns about oil drilling here in the USA, equally concerned for our neighbor's property?

Remember what I just said, watch this and learn how President Obama weaves his web of deceit and misinformation:

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