Oil and the oil industry is and has been under attack fron the anticapitalists.
They are deliberately trying to destroy oil, the lifeblood of the American economy.
Why wouldn’t oil prices rise because of this?
Oil can’t be rising in price...I haven’t seen any sob stories in the State Run Media about high gas prices putting a crimp in Holiday Travel and how our President is raking in money because of it!
Obama Drilling Moratorium Leads to Higher Gas Prices
Moratorium Leads to Abrupt Production Declines
http://www.redstate.com/vladimir/2010/12/14/moratorium-leads-to-abrupt-production-declines/
Posted by Vladimir (Profile)
Tuesday, December 14th at 7:00PM EST
hussein´s fault
This is Bush’s fault! If he hadn’t been so oily, we wouldn’t be so dependent on oil-rich sheikhs and degenerate shaudi playboys, we would all be driving in them go-carts like they have in Europe!
Hopeful that sarcasm tag not necessary
I am patiently waiting for those daily “Obama’s Fault” news stories about the price at the pump. I suppose we will start getting daily “Republicans’ Fault” pump price stories next year.
America’s recover can’t be made without cheap oil and cheap natural gas. Our Republican leaders have to be screaming about this...there is no excuse for the silence about drilling...
Obama’s FCC wants net neutrality by fiat; they stop drilling by fiat...where our our leaders?
Private lease drilling is definitely in on the upswing. We are getting rigs and people from the Gulf area in droves. Also, from environmentally choked states like Colorado and Wyoming.
It also complicates things to have several refineries closed down in the South. This is obviously an attempt by MaObama to make his “Green Energy” transition more of a priority. All the money (And subsidies) that went for more oil exploration, has been funneled (Wasted) into Wind and Solar projects.
Having done this over the last 30 years and seen the result of what Leftists like Carter, Clinton and MaObama create from insanity such as this, I will just calmly rake in another retirement or two and buy more toys and houses in other states where the term “Rich” is not a 4 letter word!
A little less than 88 bucks right now. 92???