Post Tagged with: "trade deficit"

May 27, 2011 04:15

The Administration’s No New Energy Policy

Currently, 56% of the U.S. trade deficit is the result of oil imports. Two hundred billion dollars of American wealth is transferred overseas every year to countries that don’t like us very much. If current Obama Administration policies don’t change soon these numbers will only get bigger. Regardless of these numbers the Obama Administration only wants to hear about green energy.