Today marks another historic milestone in the presidency of Barack Obama. After more than three years of prices at the fuel pump steadily rising, this past month saw prices spike a whopping 9% and bring the national average of a gallon of gasoline up to $3.61 a gallon for the year, 10 cents more a gallon than it cost in 2011. All of this adds up to what will be the most expensive year for drivers in history.
Now to be fair, the truth is that Presidents and Congresses have only a certain amount of control over the price. But they could have a a dramatic effect on stabilizing costs. Fuel prices are largely established through the price set for crude oil on the world market. Oil, regardless of what nation it comes from is thrown into one big economic bucket and stamped with one price throughout the world. That is something which many, including Republicans often ignore when they argue for the need for the United States to increase domestic drilling.
While augmented domestic drilling is certainly a wise policy, it would not necessarily solve all our problems or drastically reduce the price of gas. However; by tapping into the vast wealth of natural, domestic, energy sources like crude oil, the United States would certainly have a stabilizing effect on the energy market and the price of oil.
The high price that we are seeing at the pump now is, despite a sluggish and troubled economy, a direct result of the fact that worldwide demand is up and supplies are coming from increasingly unstable and even dangerous locations of the world; i.e.: the Middle East. This means that if the United States which consumes most of the world’s oil supply, happened to increase its production of domestic oil it would help to stabilize the world oil market by increasing the number of stable, secure, and reliable locations that are contributing to the world market, thereby adding a boost to the supply side of the supply and demand dynamic that is causing the unsettling run-up in fuel costs that we are now experiencing.
But President Obama and the liberal lock that Democrats have on Congress through their majority in the U.S. Senate, refuse to take advantage of our ability to exploit domestic natural resources. It is a policy that not only continues to put undue pressure on the world oil market, it also denies Americans jobs, something which more rational political leaders would see as a necessary initiative at a time when our nation is experiencing its 40th consecutive month of unemployment in excess of 8%.
In this tough economy, while our federal government should be doing everything that is possible to get the economic engine of our nation moving again, it is clear that President Obama and his fellow liberals will be of no help on this issue. Since coming to power, the only discernible efforts they have taken in the area of energy have been on the mishandling of the 2009 Gulf oil disaster that saw hundreds of millions of gallons of oil gush into the Gulf of Mexico for several months, and feeble attempts to prop up misguided alternative energy efforts such as the one involving the unfolding Solyndra scandal.
And as the average price of a gallon gas is predicted to reach as high as $3.90 a gallon by year’s end, Democrats, including President Obama happen to be missing in action on the issue.
As Democrats gear up to re-nominate their messiah for President, a deafening silence has fallen over the liberal lala land that the left occupies.
There are no complaints from limousine liberals over the price of gas or even the high unemployment rates which could be reduced by incorporating an all-of-the-above strategy into our national energy policy. This newfound silence of the left offers a stark contrast to the reaction that liberals had to the high cost of gas in 2006 when it briefly spiked to point in excess of $3.00.
At one point, as Democrats were gearing up for the 2006 midterm elections and gas prices were reaching their highest of the Bush years, Chuck Schumer held a press conference and stated;
“Well, we knew this was going to happen. Prices are now back up to over $3.00 a gallon again. If we do nothing, within all too short a time prices they’re going to be at $4.00 a gallon and $5.00 a gallon. And there’s going to be a giant hole getting bigger, and bigger, and bigger, in every consumer’s pocketbook or wallet.
Back then, The New York Times, the now tarnished, Gray Lady of liberal propaganda, proudly extolled;
“Democrats running for Congress are moving quickly to use the most recent surge in oil and gasoline prices to bash Republicans over energy policy, and more broadly, the direction of the country.”
Six years later and the soaring price of gas is something the left is now seemingly trying to keep a secret. But in the words of Harry Reid, “the word is out”.
That genie is out of the bottle and at the moment, Democrats don’t seem to have any way to put her back in the bottle or to explain her escape. No matter how many distractions the left concoct, no matter how much President Obama and his campaign henchmen try to defame Mitt Romney, and despite all the attempts to divide Americans and then piece together a majority of the vote for the President’s reelection, far too many Americans are uniting together under what are becoming very negative campaign ads for Democrats —- the signs which contain the high price for gas that the Obama energy policy is forcing Americans to pay.
Back in 2006, under the direction of Senator Schumer who was the Chairman of Democratic Senatorial Campaign Committee and in charge of getting liberals elected to the Senate, made bashing Bush on the high price of gas a mandatory theme for candidates to run on. Fast forward to 2012 and Democrats are not running on the price of gas, they are trying to run as far away from those prices as many Democrats who are up for reelection are running as far away from the democratic National Convention as they possibly can.
It’s just another sign of the liberal hypocrisy that forms the foundation of liberal logic but in the meantime, our President has once again made history. In addition to making history as the first President to win a Nobel Peace Prize for simply getting elected, other historic firsts include his success in putting nearly a third of the U.S. economy under government controlling by delivering socialized healthcare to our shores, the accumulation of a total debt that greater than the sum total of all previous presidents, his capping of salaries in the private sector, the first downgrade of the U.S credit rating, and the longest sustained period of unemployment in excess of 8%. Now he has achieved the historic honor of presiding over the most expensive year for motorists ever. The problem is, I am not sure how much more of the President’s historic achievements Americans afford?
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