NEWT = $2.50
Obama would be in a fetal position sucking his thumb in a corner debating Newt.
I think he is undershooting what is really possible...
If Middle East Turmoil equals a 20% premium, by drilling he takes us from $3.60 to $3.00 Flat via drilling.
What he is not taking about is the Premium we pay for all these Boutique Gasoline's and changing them every season. "One Clean" fuel might do the trick.
But that means deballing the EPA which he is talking about doing via reinventing it's mission.
I have heard this might be worth ..40 to .50 cents a Gallon if you remember this debate during the Bush years.
If he does these two things we are at $2.50 easy.
Increased production and economies of scale etc, and competition might drive prices down even further IMHO....