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Can you really afford four more years?
|Last Edited||Scott³ Feb 27, 2012 12:01pm|
|News Date||Monday, February 27, 2012 07:00:00 PM UTC0:0|
|Description||"In January 2009, when President Obama was sworn in, a gallon of regular gasoline cost $1.68. |
Today, it's more than double that: The price has reached $5 in parts of California and $6 just outside Florida's Disney World. In fact, prices have set a record, being so high so early in the year. By Memorial Day, America's first big travel weekend of the year, gas nationwide will average $4 and above, industry analysts predict.
Candidate Obama made political hay of the issue throughout 2008, boldly asserting that he - and he alone - was most able to bring prices down. He repeatedly said there was "no silver bullet" and "no quick fix," but on the campaign trail in Indianapolis, he told Americans, "You shouldn't have to accept any more excuses as to why it can't be done."
More than three years into office, that's all Mr. Obama offers - excuses. He blames oil companies for making a profit; blames "speculators" for pushing up the price of oil; blames Congress for not doing away with oil-industry tax breaks; blames world producers for limiting outflow to drive up prices.
But this past weekend, the president made a startling claim: "Under my administration, America is producing more oil today than at any time in the last eight years."
The claim is true, but as always, a very crafty lie of omission. America is producing more oil than eight years ago, but not because of anything the president has done. In fact, production is up only because Americans are resourceful and have battled past the obstructions Mr. Obama has erected.
"Since taking office, he has declared 85 percent of our offshore areas off-limits, decreased oil and gas leases in the Rockies by 70 percent, rejected the Keystone XL pipeline and has 10 federal agencies planning more regulation of hydraulic fracturing, which is key to oil and natural-gas development," says Jack Gerard, president and CEO of the American Petroleum Institute."