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From
Redstate...
Blame the Democrats
for High Gas Prices
Posted by Erick Erickson
Monday, March 7th
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.
Read it at Redstate
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