And how could he lower the price of gas? Not in ten years but today. The Republican candidates say they can make gas prices $2.50 a gallon. How? Obama could take over all the oil companies with "emanate domain" like Hugo Chavez did, but the cons would have a conniption. Obama could repeal all state taxes on gas, but the governors would have a conniption. So what magic bullet does Romney have?
I don't get it either. But I do know that the Reps blame Obama for absolutely everything, incuding the weather. And apparently they have ever heard of supply and demand. Or maybe they believe in "drill, baby, drill"?! That if they wish really, really hard, oil will spout out of the ground a second time?
or Obama could go to war with Iran like the republicans want and oil prices would at least double and of course that would be Obama's fault as well... the ugly truth is because Obama is black and a democrat there is nothing that will appease the republicans ...
I say it's President Obama's fault because he and his minions said high gas prices in 2008 were President Bush's fault. Goose-gander. But, I do think it's absolutely amazing that Al Gore dreamed of $5 a gallon gas and Energy Secretary wanted gas prices in the U.S. equal to Europe and President Obama wants, well, to be Supreme Leader for Life. My god, liberals can accomplish something but then they have to deny they did it.
Obama ends 20-year moratorium on new offshore drilling By BEN FELLER The Associated Press Published: March 31st, 2010 03:06 PM Last Modified: March 31st, 2010 10:20 PM WASHINGTON -- Shaking up years of energy policy and his own environmental backers, President Barack Obama threw open a huge swath of East Coast waters and other protected areas in Alaska and the Gulf of Mexico to drilling Wednesday, widening the politically explosive hunt for more homegrown oil and gas. Read more here: http://www.adn.com/2010/03/31/120654...#storylink=cpy In 1982, Congress placed a moratorium on oil and gas leasing off the west coast of the United States, and in the years that followed, they also restricted leasing off the Atlantic coast and the eastern Gulf of Mexico. Then in 1990, President George H.W. Bush issued an executive moratorium on oil and gas leasing in those same regions, which was extended by President Bill Clinton until 2012. For more than 25 years, U.S. waters were protected, until 2008 when President George W. Bush lifted the executive moratorium. At the same time, fueled by rising gas prices and a challenging election year, cries of drill baby drill convinced Congress to allow the moratorium to lapse as well. In a 2006 bipartisan agreement, Congress passed the Gulf of Mexico Energy Security Act (GOMESA) which opened up new areas in the western and central Gulf while protecting the eastern Gulf until 2022. When President Obama took office, his administration put a hold on the plan to allow appropriate time for comments from all sides of the drilling debate. But in March 2010, President Obama announced that he would open much of the Atlantic coastline, the eastern Gulf of Mexico and the north coast of Alaska to offshore drilling, including areas that were previously protected. Shortly after this announcement, the Deepwater Horizon oil rig exploded in April, 2010, resulting in the largest accidental oil spill in history. http://oceana.org/en/our-work/climat...shore-drilling
"For more than 25 years, U.S. waters were protected, until 2008 when President George W. Bush lifted the executive moratorium. At the same time, fueled by rising gas prices and a challenging election year, cries of drill baby drill convinced Congress to allow the moratorium to lapse as well. In a 2006 bipartisan agreement, Congress passed the Gulf of Mexico Energy Security Act (GOMESA) which opened up new areas in the western and central Gulf while protecting the eastern Gulf until 2022. " 2006? 2008?
how? simple....raise interest rates and tell bernacke to stop monetizing the debt.....gasoline prices would fall like a rock as they did in 2008......mind you the whole economy would implode but thats another story altogether!
