Yes, more oil will drive prices down, but that doesn’t mean the Obama admin and his leftist flunkies are happy. They’ve painted themselves into a corner...an ideological one. In 2008 they blamed high gas prices on the Bush admin which caused distress for the middle class. But all the while the Obama team was for destroying oil-based economies and replacing them with that “wonderful” green technology. Which doesn’t exist or can’t work on a large scale. So now they have to pretend to be happy with lower gas prices while in reality they’re cursing all the shale-oil and frackers who’ve disproved the “peak oil” fallacy once again.
FWIW, Obozo and his amen chorus in the national media just completed a rally in Pittsburgh last week. One of the biggest “accomplishments” which they advertised was “most domestic oil production in U.S. history.” I’m serious. As if Obozo had anything to do with it.