Thursday, January 6, 2011

Obama's Oil War - Investors.com

Obama's Oil War - Investors.com
Since President Obama took office in January 2009, the price of oil has rocketed 117% to $90.41 a barrel and gasoline has jumped 67% to $3.07 a gallon. In the 34 industrialized nations, oil imports have surged 34% in the last year to $790 billion. The U.S. alone has seen a $72 billion jump....

More than mere incompetence is at work here. It's becoming more and more obvious that Obama's energy policy is meant to raise prices by making fossil fuels harder to produce and use. Indeed, the White House has followed a deliberate policy of attacking Americans' use of energy, turning it into something of a moral crusade....
America has the oil and natural gas resources to ensure its energy future as we develop reasonable, economically viable alternatives to fossil fuels. And that oil and gas is available right now.

Yet, our government has systematically put those resources out of reach, making us more dependent on unreliable foreign sources. Today we're more, not less, vulnerable to the predations of foreign dictators and tyrants who would do us ill.

Who does Resident Obama really represent, definitely not the America I know?

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