Showing posts with label crude oil. Show all posts
Showing posts with label crude oil. Show all posts

Thursday, March 31, 2011

Washington Times: Gasoline up 100% under Obama

Just a little over a week ago, Barack Obama told the people of Brazil he wanted the United States to be their biggest customer in their expanding crude oil export industry.  Never mind his biggest benefactor and leftist political ally, George Soros, stands to make billions from the United States extending U.S. investment to Brazil for this oil exploration, while domestic energy is whithering on the vine--thanks to radical regulations by Obama and his EPA. 

The double-speak continued on Tuesday, with Barack Obama proclaiming he would cut foreign oil consumption by one-third.  Now, which story do you believe?  Barack Obama investing $2 billion in Brazilian oil exploration for his pal George Soros or Barack Obama cutting foreign energy imports by one-third and boosting domestic energy production.

The Washington Times reports that gas prices are up 100% under Obama.  It is time to put up or shut for Obama.  Energy security and independence is at our fingertips; however, Obama fails to lead. We have more energy resources than any other nation, yet we continue to import more and more energy.
"Feeling pain at the pump? Gas prices have doubled since Mr. Obama took office. According to the GasBuddy gasoline price tracking web site, the price of a gallon of regular gas was around $1.79 when Mr. Obama took office. Today the national average is $3.58. The lowest average price in the continental United States is $3.31 in Tulsa Oklahoma, the highest is $4.14 in Santa Barbara, CA. Four-dollar-a-gallon gas has arrived on average throughout California, and a number of other states are headed in that direction."

Economists predict $5.00 gasoline by the end of the year.  With the ongoing turmoil in the Mid-East and the OPEC cartel continuing to gouge the United States--making ONE TRILLION DOLLARS this year alone--$5.00 per gallon gasoline will most likely be here by the Memorial Day holiday.  Investing in new energy development, oil, natural gas, coal, biomass, and renewables, would unleash a wave of new employment and economic expansion.  By focusing on cutting energy imports from OPEC, that is cutting our dependency of imports on the 30% of the energy we import from OPEC, we would not only become energy secure, but we would reduce military and foreign policy threats from Islamic terrorism and shore our economic muscle.

What could you do for ONE TRILLION DOLLARS...become energy secure?  I think so.  We should demand it from our leaders and expect no less.  If they fail to respond, we should vote out the current leaders with elect individuals to office who will do what needs to be done--make America energy secure and break the back of the OPEC cartel.

Thursday, March 10, 2011

Gas Prices Skyrocket 67% Since Obama Took Office


Obama Fiddles while consumer
 fuel costs skyrocket 67%
 According to recent analysis in The Weekly Standard, the price Americans are paying at the pump have skyrocketed 67% since Barack Hussein Obama took office in January 2009. This huge increase compares with a 7% increase in the first 26 months of the George W. Bush Presidency--for those keeping score it is the same time-period comparison.


"Now obviously turmoil in the Middle East has something to do with our current astronomical gas prices, but keep in mind that by this point in the Bush presidency 9/11 had happened and we were on the verge of invading Iraq. So while the president can't be entirely responsible for global commodity prices, it's still worth asking what Obama's doing to make things worse."
For more information on the analysis visit The Weekly Standard.
Where is the outrage from the media about the huge increase under Obama? The same media were quick to point to the increase in fuel prices under President Bush as a huge increase, blaming the Bush Administration for the comparatively small increases against the 67% under Obama.

The outrage here is there has been a failure since the Carter Administration to chart a true course to energy security and break the grip of OPEC over not only the American consumer at the pump, but over American mlitary and foreign policy as well. It is the proverbial 'Emperor Nero' Obama fiddling while American economy and the consumer suffocates under rising fuel prices.

Political leaders need to act now to empower the private sector to lead America to energy security.

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.