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Keyword: lackofenergypolicy

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  • Obama Plans Won't Cut Oil Prices For Decades, If Ever

    03/22/2012 6:40:10 AM PDT · by IBD editorial writer · 7 replies · 1+ views
    Investor's Business Daily ^ | 3/22/2012 | John Merline
    Whenever the subject of drilling comes up, President Obama consistently discounts it as a way to lower oil prices...Instead, Obama has been touting an "all of the above" policy, which focuses less on what he calls the "fuel of the past" and more on things like alternative energy and improved efficiency. He will tout this approach again on Thursday at stops in Oklahoma and Ohio. But will those other efforts work any better than would aggressively pursuing more oil production?