EDITOR OF REDSTATE
Blame the Democrats for High Gas Prices
In the Atlanta area, where I am, gas prices are up $0.77 from where they were a year ago. It is worth noting that Democrats have been politicizing and blocking expanded oil drilling for quite some time. Consider this:
“Critics (of Arctic drilling), including Sen. John F. Kerry, D-Mass., say the drilling plan would violate the nation’s last remaining pristine wilderness. Moreover, they charge, the oil would consist of a 6-month supply for the nation, and would not be ready for use by consumers for up to 10 years.”
That newspaper article was written April 2, 2001. For those of you in Rio Linda, that would be ten years ago.
Likewise, roughly ten years ago on July 3, 2001, the Bush Administration began consideration of drilling in the outer continental shelf.
Democrats opposed that too because it would take up to ten years to see a return on investment. In other words, it would take until about right now to see a return on investment.
I sure hope they are better at forecasting health care than oil futures. Otherwise, if we don’t repeal Obamacare, we’re screwed in ten years on that too.