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To: Jerome Hudson

“GEITHNER: ‘THE OVERALL COST OF ENERGY FOR CONSUMERS IS DOWN”

The only way that could be true is because natural gas prices are down.

And natural gas prices are down because of exploration, fracking, and a “drill baby, drill” policy instituted before Obama took office - that one we can lay on the Bush administration.


7 posted on 04/16/2012 4:12:25 PM PDT by Stosh
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To: Stosh

Also the warm winter, particularly in the Northeast where NG is a heating fuel of choice led to lower costs. But a car commuter from mid Long Island to NYC saw any savings eaten up in two weeks of driving.


36 posted on 04/16/2012 4:48:16 PM PDT by xkaydet65
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