Friday, March 16, 2012

If Gasoline Were Food, Obama Would Be Starving Us to Death.

These Gas Prices Are Obama's Gas Prices

Barack Obama has spent his presidency finding scapegoats and fleeing responsibility. For example, our massive deficit is not his fault. Rather, it’s George W. Bush’s fault. Our painfully high unemployment isn’t his fault either. Rather, it’s due to the fact that “the economy is so automated.” He’s even tried to assure us that we can’t blame him for the sharp rise in gasoline prices we’ve seen under his watch either. Rather, he boasts that he’s expanded domestic oil production to its highest point in the last eight years.

Here’s what he said in a speech on March 15: "Do not tell me that we're not drilling. We're drilling all over this country. There are a few spots we're not drilling. We're not drilling in the national mall. We're not drilling at your house. " He then grinned like the cat that just ate the mouse, as if saying these thing takes him off the hook for the fact that the price of gasoline has jumped over 100% on his watch.

That’s right—over 100%.

Here’s the problem, as with almost everything this administration tells us, there is a small sliver of truth in what Obama said, and he’s using that small sliver to hide the ugly reality behind it. For example, domestic production is currently up by 120,000 barrels a day. But Obama has cut foreign intake by 1,000,000 barrels a day. In other words, the ugly reality is that Obama is forcing us, as a nation, to make due with 880,000 less barrels of oil a day that we were used to having prior to his presidency. Take away that much oil a day in a situation that isn’t static—a situation where demand is constantly growing—and it’s no wonder our gas prices are through the roof.

Read the rest here

Labels: , , , , , ,



Post a Comment

Links to this post:

Create a Link

<< Home