Free Republic

In the Hofstra presidential debate, President Obama said: "when I took office, the price of gasoline was $1.80. Why is that? Because the economy was on the verge of collapse." Wrong. Prices collapsed because we signaled to the world that we were finally moving forward with developing America's massive offshore oil and gas resources - and they shot back up when Obama reimposed the offshore ban. Obama's ridiculous story that the doubling of gasoline prices under his watch is a result of economic recovery doesn't fit the facts. According the National Bureau of Economic Research, responsible for officially designating...

President Obama has declined to outline a second term agenda. He doesn't say what he would do about the fiscal cliff that looms in just a couple of months. He hasn't addressed the glaring challenge of an aging population and entitlement spending that is careening toward insolvency. (On the contrary, he has significantly hastened the emergency by piling on new entitlement spending.) He hasn't proposed policies to improve the economy. He promises nothing more on Iran than to maintain ineffective sanctions. We can glean this much: He'd like to hire 100,000 new teachers and he wants to raise taxes on...

When you pull up to that gas pump and nearly faint from how much it costs you to fill 'er up, you may be tempted blame the government for not doing enough to keep a lid on prices. Resist the temptation. The truth is the global nature of the world's energy supply means that no president has much power over what you pay at the pump... That was the opinion of a group of economists polled by the University of Chicago Booth School of Business earlier this year. Asked if changes in U.S. gasoline prices over the past 10 years...

Energy Policy: Leases and production are down on federal lands, the EPA is waging war on coal, and as for building enough pipelines to encircle the earth, we'd settle for just one from Canada to the Gulf. When President Obama, in responding Tuesday to Mitt Romney's chiding about failing to approve the Keystone XL pipeline, claimed that his administration has added enough new oil and gas pipelines to "encircle the Earth and then some," we felt a perfect response from Romney would have been, "You didn't build that." In fact, energy companies have built some 55,000 miles of pipeline, including...

There were several surreal moments in the debate last night between the Democrat candidate for president, Barack Obama, and the American candidate Mitt Romney. While most are focused on Obama’s stunningly brazen lie about his statement of the attack on our Benghazi embassy, the more telling episode showed that Obama is simply disengaged from reality as it is experienced by most people. From the transcript: >>>"ROMNEY: That was a statement. I don’t think the American people believe that. I will fight for oil, coal and natural gas. And the proof, the proof of whether a strategy is working or not...

There was one answer from the debate last night that I found very interesting, and that was Barack Obama’s answer to high gas prices. Mitt Romney mentioned that the high price of gasoline is proof that Barack Obama’s energy policies aren’t working.Barack Obama turned around and blamed George Bush’s economy for the low gas prices: He said when I took office, the price of gasoline was $1.80, $1.86. Why is that? Because the economy was on the verge of collapse It was interesting to hear Barack Obama blame George Bush for low gas prices, but I understand Barack Obama’s...

Governor Mitt Romney strongly supports North American energy independence as the foundation of renewed US employment and prosperity. President Obama is waging war on fossil fuels, job creation, and efforts to end our economic recession and reduce dependence on Middle Eastern and Russian oil. Romney’s emphasis on careful analysis and due diligence brought him and Bain Capital notable winners like AMC Entertainment, Burger King, Burlington Coat Factory, Domino’s Pizza, Dunkin’ Donuts and Staples. Obama’s focus on ideology, political calculation, cronyism and campaign contributors produced losers and scandals like Abound Solar, Crescent Dunes, Ener1, Fisker, Mountain Plaza, Solyndra, Tesla, and a...

Obama's Brutal Gaffe: Low Gas Prices Cratered Our Economy by Ben Shapiro 17 Oct 2012, 11:48 AM PDT Last night, President Barack Obama dropped the biggest campaign gaffe of the season – only the media wasn’t watching. It happened during his testy exchange with Mitt Romney over gas prices. First, Obama denied that he’d done anything about denying licenses on oil and gas; he backed off of that shortly. Then he denied that production on federal land was down; he was lying. Finally, Romney hit him with this devastating line: The proof of whether a strategy is working or not...

Energy Policy: As the administration fast-tracks solar projects on public lands, it has locked up more than half of the National Petroleum Reserve in Alaska, preferring to continue outsourcing energy jobs and dollars. The price of gasoline, which was $1.84 a gallon the day President Obama took office, has more than doubled since, willfully aided and abetted by an administration that claims we can't drill our way to energy independence as we ignore vast reserves of North American energy that dwarf OPEC's and we sit on 100 years' supply of petroleum. Few Americans have heard of the National Petroleum Reserve-Alaska...

The debate itself was probably a draw , mainly because Crowley killed the Libya momentum. However Obama is the one who left the lines out there that will keep giving Romney talking points. The gas price logic may be the stupidest line ever. Romney did still miss the op last night but can go back to it now, why was Rice sent out to lie to the American people. Energy, lower wages foe women in White House , Etc. As Cousin Eddy said in Christmas Vacation about the Jelly of the month club, "the gift that keeps giving all year...

Energy Policy: As the administration fast-tracks solar projects on public lands, it has locked up more than half of the National Petroleum Reserve in Alaska, preferring to continue outsourcing energy jobs and dollars. The price of gasoline, which was $1.84 a gallon the day President Obama took office, has more than doubled since, willfully aided and abetted by an administration that claims we can't drill our way to energy independence as we ignore vast reserves of North American energy that dwarf OPEC's and we sit on 100 years' supply of petroleum. Few Americans have heard of the National Petroleum Reserve-Alaska...

Gas prices have more than doubled since Barack Obama took over the White House. But that didn’t stop him from cutting off drilling in August in half of Alaska’s National Petroleum Reserve. The Obama Administration planned for higher gas prices and fewer jobs through their many job-killing decisions. The Wall Street Journal reported, via FOX Nation: President Obama is campaigning as a champion of the oil and gas boom he’s had nothing to do with, and even as his regulators try to stifle it. The latest example is the Interior Department’s little-noticed August decision to close off from drilling nearly...

President Obama faces a dilemma as Mitt Romney bashes him over high gasoline prices in the final weeks of their close race. Obama must decide whether to address the attacks head-on, or stay the course on a messaging strategy that has recently been addressing prices indirectly. Democratic strategists and other experts argue that three weeks before voters go to the polls, Obama should steer clear of big messaging or policy pivots on gas prices. “Bringing the issue up this close to Election Day would be self-defeating at this point,” said Paul Bledsoe, an independent consultant who was a climate change...

It’s like we’re in a time warp back to the 1970’s. Not the muscle cars and wild times of Studio 54, just the bad parts – turmoil in the Middle East, high unemployment, food and gas prices through the roof and an occupant of the White House with no clue how to deal with any of it. When asked about this administration’s failures, President Obama quickly becomes Vinnie Barbarino with his “Who? What? Where?” routine. Vice President Joe Biden isn’t any better. In his debate Thursday, Biden took on a personality that was a cross between Bozo the Clown and...

Some had been waiting for more than an hour – sitting in a line of cars that stretched for blocks. Others had arrived hours early, just to be the first in line. Local radio and morning television teased their audience with hints and sparse details before finally making the announcement. After that, the location and details spread like wildfire via text, Twitter and Facebook. What was so important that hundreds would wait in line so long? A new lifesaving medicine? Free hundred dollar bills? A fabulous celebrity cruise? No, nothing quite that glamorous. Americans for Prosperity was offering gasoline...

(Reuters) - The unprecedented price spike that added more than 50 cents a gallon to California pump prices last week ended as quickly as it began, market analysts said, and consumers should see prices fall dramatically in the coming week.

Six weeks after calling for an investigation into high California gas prices, Sen. Dianne Feinstein once again told the Federal Trade Commission that Golden State drivers are being gouged. Dianne Feinstein letter to FTC">In a letter to FTC boss Jon Leibowitz, Feinstein wrote of "malicious trading schemes in the California gasoline market." Feinstein sent an earlier letter to Leibowitz complaining of price spikes "unjustified by supply and demand" on Aug. 28. Citing a possible "illegal short squeeze," Feinstein called for not only an FTC investigation, but also better monitoring of the gasoline and oil markets and also the creation of...

One of the great priorities of the left is to get Americans out of their cars and onto public transportation. When the masses no longer have access to cars, it clears the streets for the limos of the nomenklatura, just as it did in the old USSR, and still does in North Korea. The best way to accomplish this goal is to push up gasoline prices. Energy Secretary Steven Chu famously hoped that energy prices would double, and President Obama also admitted to wanting energy prices to rise, just not too quickly, lest the frog catch on the water is...

Gov. Jerry Brown ordered state smog regulators Sunday to allow winter-blend gasoline to be sold in California earlier than usual to help drive prices down. Winter-blend gas typically isn’t sold until after October 31. Few refineries outside the state are currently making summer-blend gas, putting the pressure on already-taxed California manufacturers. In some locations, fuming motorists paid $5 or more per gallon while station owners had to shut down pumps in others.

There's a shortage of gas in California and consumers are beginning to feel the pinch. CBS LA: What goes up, must come down. But in the meantime, consumers try to cope. Southern Californians are paying the highest prices in the nation currently. And experts say that pain at the pump will last a little while longer. One station in Calabasas is charging the highest rate in LA County - nearly $6 for a gallon. Reporting for CBS2 and KCAL9, Amanda Burden went to the station and called it a virtual ghost town. She said cars peeled in but peeled right...