Wednesday, February 22, 2012

Price of Gasoline

You must have noticed that the price of gas is pushing toward $4 a gallon, maybe $5 this summer. The MSM always follows this downer news item with the observation that Obama cannot do anything about the price of gas.
That's not true. Obama could resume issuing drilling permits in the Gulf. He could have OK'ed the Keystone XL pipeline. He could authorize oil exploration in the "Arctic National Wildlife Refuge" (a barren piece of tundra on the shore of the Arctic ocean). He could stop shutting down gasoline refineries in the Caribbean. He could issue leases to develop oil shale in Colorado. He could junk the boutique gasoline blending rules that prevent selling gasoline across state lines. Obama thinks we will all be happy on solar and wind power after he drives the price of oil thru the roof. He wants to price oil out of the reach of citizens so they will have no choice but to go to "alternate energy". He's making progress toward that goal.

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