We are paying double what we did before obama and the corrupt democrats came along. That is not coincidence. Until they are gone the price will remain high just as obama stated he would for coal. He might as well have added gas and home heating oil. In California it is artificially kept high.
In Los Angeles county it is several cents below the 18 cents per kw hour that much of California residents are being charged. It went up during the Gov Davis years and kept there as a payoff. One of many reasons he was recalled. Arnold Schwarzenegger who came after him was useless in bringing the price down as he wanted to pay off the huge deficit using the extra money made from the taxes on the bigger bills - deficit never came down but spending went up..
The power companies used the money to pay off their equipment years earlier then they could and the state gets higher taxes as they get a % of the power bill. The power companies are happy and the government is happy and the residents are broke.
The democrats want higher prices and exporting oil is not the answer, getting rid of democrats is. Prices will then come down and the oil companies can then export.
That is a dishonest description. You could just as easily measure from the peak half a year earlier and claim prices are lower under Obama.
Obama certainly is not helping lower prices, but he isn't the source of doubling prices either.
The democrats want higher prices and exporting oil is not the answer, getting rid of democrats is. Prices will then come down and the oil companies can then export.
It is a false claim that oil companies and others will continue to invest to keep up our production while rising production pushes prices lower than the rest of the world.
Just as in previous times and with any item, when supply begins to climb until prices begins to drop, supply is going to drop. Such a policy will just move jobs and investment to other countries.
It will not lower prices beyond a short term dip. It will cost us jobs, trade balance and long term higher prices.