Heard on the radio this morning that analysts are expecting $4/gallon gasoline by summer and $5/gallon by 2012. Back in 06, 07 and 08 there was a lot of public outcry and political pressure on President Bush to do something. Its curious to me why no one seems to care about high gasoline prices like they did 5 years ago. I suppose that people have simply gotten used to paying $3/gallon. Why, just last month Ford sold more of their gas guzzling Explorer vehicles than ever before. I wonder how people will react to $5/gallon gas. I know I wont be happy. The Democrats were quick to blame Bush over high prices. Im not hearing any Democrats have as much concern over the prices since Obama got in the White House. Curious isnt it?
The New York Times reported April 25, 2006:
Representative Nancy Pelosi, Democrat of California, called Tuesday for a bipartisan effort to bring down prices by the end of May. But in a response to Bushs speech, she said that the recent price rise showed that the Republican administration had been too cozy with the oil industry. America can no longer afford George W. Bush as president, she said.
Seems we cant afford Obama either.
The Washington Times reported on April 25, 2006:
House Minority Leader Nancy Pelosi of California will hold a press conference today to call on the administration to stop price gouging.
And Senate Minority Leader Harry Reid of Nevada said
does anyone think its fair to have consumers pay $100 a week to fill their fuel tanks
?
I havent heard a word from these two since Obama became President. In fact they have been complicit in keeping the U.S. from drilling new sources of oil. They dont seem as concerned now. Oil companies are making tons of money drilling overseas yet we havent heard a thing from Pelosi on price gouging during her or Obamas watch.
On Apri 30, 2008 AZCentral via Washington Post quoted Sen. Amy Klobuchar, a Democrat from Minnesota saying:
People dont have time for finger-pointing from the White House right now.
They have listened to this president for eight years: for eight years that these gas prices have gone up and up and up, for eight years after these oil prices have gone up and up and up, and they want answers.
We still want answers. The Democrats are quite silent about this now since they basically got what they wanted which was no drilling in America.
We have been debating drilling and exploration with the liberal environmentalists for 10-20 years.
On July 15, 2008 the Washington Post reported:
Senator Dianne Feinstein, Democrat of California, said the president was deluding the American public into believing that new offshore drilling is a quick fix to $4 per gallon gasoline. Like others, she noted that drilling offshore would have no immediate effect.
Even if new offshore drilling were allowed off the coast of California and along the outer continental shelf, which I wholly and resolutely oppose, she said, it wont produce oil in time to solve the gas price emergency American consumers are facing right now.
Well, we are now in a gas price emergency. 3 years of drilling and exploration sure would have gotten us closer to solving this problem.
We have a major problem. The Democrats have limited our ability to explore and recover oil in America. There are also policies that have us growing food for fuel sources. Using corn for fuel has not reduced the fuel prices and has only made our food prices increase.