At $3.53 per gallon, the nation’s gas prices are at an all-time February high. Market analysts are predicting gas at $4.25 to $4.50 per gallon by May if this trend continues unabated. This news comes on the heels of a study that shows gas prices under President Obama’s leadership have spiked over 80 percent.
That’s troubling; worse is that his administration continues to block initiatives that would ramp up domestic energy production, like the recent Canadian oil pipeline Obama spiked, meaning that oil could go toward China markets instead of the US.
This is no time to be bending over the kitchen counter for every environmentalist extremist that has a runny nose. Simple measures like this could create jobs, drive down costs, and reduce our dependence on foreign markets for oil. Seems that four years ago, Obama ran on reducing dependence on foreign oil. Now he’s spiking measures that would help us work toward that goal.
Pretty odd decision-making there, Mr. President.