More from Heritage today, the first 2 years comparing President Bush to TheUrkelRegime:
"During the first twenty-six months of President Bush’s first term in office, the price of gasoline increased by 7%. At the end of his second term, the price had decreased by 9% from the time he took office (adjusted for inflation). During the first twenty-six months of Obama’s term in office, the price of gasoline has spiked over 67% with no relief in site.
Clearly, other mitigating factors were at work between those two time periods. U.S. demand is one such factor, as is global supply disruptions, cartel pricing and the cost to refine and distribute, but the current price spikes obligate serious people to scrutinize our nation’s energy policy.
President Bush’s response to $4/gallon gasoline was to lift presidential and congressional moratoriums on expanded drilling in the Outer Continental Shelf, a move that many critics say came too late. But what about Obama?
Some on the right have criticized Obama for having no energy policy. This is wrong. Obama’s energy policy is working exactly the way it is designed. This administration knows that unless the price of fossil fuels skyrocket, expensive alternative energy sources, no matter how heavily subsidized, will continue to be unattractive to American consumers.
Obviously, this risky desire to have high gas prices is a punitive policy that foolishly ignores how Americans use petroleum. While oil is largely a transportation fuel, solar and wind can only contribute to our electricity demands. Oil accounts for less than 1% of our electricity demand.
The liberal fascination with developing expensive vehicles that run on electricity doesn’t change that: 1) Solar or wind powered vehicles don’t commercially exist; 2) The cars that do run on electricity, or even battery-powered hybrids still require gas; and 3) the high cost of the alternatively fueled vehicles makes them largely insignificant in the auto market and cost-prohibitive to the average consumer."
Read the whole article here.
As gas prices continue to rise impacting every single American in a negative way, good ol' granny witch Piven and TheWon might just get their economic rioting in the streets the left has been asking for all right... but its not going to go their way...