Natural gas prices have plunged to a ten year low because of excess SUPPLY. This shows that oil prices could be substantially reduced if Obama unleashed America’s oil drilling industry. Jobs, tax revenues and the economy would all benefit.
Post Tagged with: "oil prices"
April 11, 2012 04:58
Supply matters – tell Obama
Oil traded near its lowest price in almost two months in New York after an industry report showed stockpiles rose for a third week in the U.S., the world’s biggest consumer of crude. – Bloomberg.com
April 5, 2012 04:03
Obama caught in oily energy lies
Supply matters. Even Obama and the anti-drilling Democrats have acknowledged that increasing supply brings down prices. But they don’t want the economic boost and jobs from more drilling to happen in America. Obama and the Dems have asked Saudi Arabia and Brazil to increase supply to help bring down prices but continue to lie about increasing supplies at home.
March 30, 2012 04:05
Coburn: Obama’s oil attack “all a big sham”
“We subsidize solar at $692 per megawatt hour. If you take all the accelerated depreciation it’s $ 0.61 per megawatt on oil. …. The major oil companies get no subsidy. .. America has more oil than any other country in the world…. 1.28 trillion barrels of oil.”
March 5, 2012 11:11
Rising gas prices could cause double dip recession
Strapped consumers have to cut spending on other essentials to keep up with high gas prices which have risen 38 out of the last 39 days. Higher energy prices drive up the cost of everything. Remember Obama promised us higher energy prices in 2008 when he said “under my plan electricity rates would necessarily have to skyrocket.” That’s one promise he kept.
March 1, 2012 05:04
Desperate Dems want Saudis to bail out Obama before election
Did they take the video of Obama bowing to the Saudi king with them when they delivered the letter? How can you still be a Democrat? Their green Utopian dreams are bankrupting us all.
February 28, 2012 05:46
Palin responds to Obama mocking drill baby drill
We should not be surprised by his detached attitude about America’s pain at the pump. He’s not interested in lowering the price of gas because exorbitantly high gas prices are one of his campaign promises.
February 27, 2012 05:06
Dollar, Gold and Gasoline
Now, with Iran, Israel, U.S. and Europe exchanging sanctions, threats in daily new headlines, it is hard to imagine anyone in the business world would miss the connection between surging oil, gasoline prices, and escalating tensions over Iran’s nuclear program.
February 20, 2012 09:14
Obama succeeds in driving up gas prices – media ignores
Obama railed at gas prices when Bush was president and it was headline stories as all bush’s fault. Now the Obama propaganda media ignores the even greater gas prices costing consumers a quarter trillion dollars.
January 7, 2012 13:07
Iran oil threats to hurt economy – $5 gas?
While Obama delays the American oil pipeline and drilling for domestic oil the threats from Iran are expected to drive up the price of gasoline and oil. Thank an environmentalist wacko and Obama for $5 gas.
