Talk radio was all abuzz as this increase was happening all over the place.
1. Ok the Keystone XL pipeline.
2. End "boutique" blending of gasoline.
3. Announce that the energy department will expedite gas and oil drilling EVERYWHERE and the EPA will stand down.
If you really want to lower energy prices, he could take the following steps:
1. Announce that the government will backstop private industry to build a dozen nuclear plants in high energy demand areas. Some areas will get dual electricity/desalination plants.
2. Announce that the government will backstop private industry to build a pilot coal-to-oil plant.
Gee, if I could think of this, do you think anyone else has?
Last Tuesday the price here was $2.81/gallon at 2:30 PM. At 10:00 PM it was $3.39/gallon. That’s $.58 a gallon in less than 8 hours.