Wednesday, March 9, 2011

Reuters: Gasoline cost to jump $700 for average household


The average U.S. household will spend about $700 more for gasoline in 2011 than it spent last year, bringing total motor fuel expenses up 28 percent to $3,235, based on an annual pump price of $3.61 a gallon, the department's Energy Information Administration said.

For more on this story click here

If the current increase in the price of crude oil and the price of gasoline at the American pump happened from 2001-2008, the media and the Left would have been pointing the finger at President Bush. However, since we have Carter II in the White House, with the United States facing increasing economic troubles, as well as new and expanding threats in the Middle East, the mainstream media does not make the connection between the failure of Obama to provide any foreign policy leadership or any leadership that would implement a comprehensive energy policy--a hallmark of his 2008 Presidential campaign.

What we are now facing is the spectre of $5.00/gallon gasoline and a double-hit against an already weakened economy. The time is now to hold accountable Barack Obama, to demand action by Congress to pass a 'Marshall Plan' for Energy Security. By replacing 30% of the OPEC crude with domestically-produced transportation fuel, the United States can create solid, good-paying jobs and break the grip of the OPEC cartel on the United States.

It is a sad fact that families and small business see rising fuel and food bills and the political leaders in this country, at both the federal and state levels, continue to stick their heads in the proverbial sand.

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