Thursday, February 23, 2012

Obama is getting his preferred "gradual adjustment" in the price of gasoline

David Harsanyi asks, "Aren't high gas prices what Democrats want?" And, if they were to damage Obama's reelection chances, it would certainly be ironic.

Then there is this: "According to the Institute for Energy Research, there is enough natural gas in the U.S. to meet electricity demand for 575 years at current fuel demand, enough to fuel homes heated by natural gas for 857 years and more gas in the U.S. than there is in Russia, Iran, Qatar, Saudi Arabia and some place called Turkmenistan combined. Oil? The U.S. Energy Information Administration estimates that the United States could soon overtake Saudi Arabia and Russia to become the world's top oil producer. There are tens of billions of easily accessible barrels of offshore oil here at home—and much more oil around the world."

 Read more here: http://reason.com/archives/2012/02/22/arent-high-gas-prices-what-democrats-wan

1 comment:

Terri Wagner said...

I think this makes the best case for the side that says Obama wants things going just exactly as they are. Everyone else would be yelling drill baby drill.