Washingtontimes.com
By Stephen Dinan and Kara Rowland
Gas prices have risen $1 since just after President Obama took office in January 2009 and are now closing in on the $3 mark, prompting an evaluation of the administration's energy record and calls for the White House to open more U.S. land for oil exploration.
The average price per gallon across the U.S. hit $2.81 this week, according to the Energy Information Administration. That was up from $1.81 the week of Jan. 26, 2009, just after the inauguration, and marks the highest price since Oct. 20, 2008.
John B. Townsend II, a spokesman for AAA Mid-Atlantic, said price increases are a result of the cost of crude oil, thanks to a decision by the Organization of the Petroleum Exporting Countries not to raise production even as economic growth in countries such as Russia and China spurs more demand.
"From all indications, we're going to see $3 gas again this summer," he said.
The Obama administration also blames the market for the high prices and argues that its record for expanding energy development has been solid over the past year.
Read the entire article
"It is not enough to know that there is a shadow government pulling the strings of the visible government- we must also act to expose it, and defeat it!"-Mark Matheny
Subscribe to:
Post Comments (Atom)
-
Mercola.com Posted by: Dr. Mercola December 05 2009 22,565 views Jordan McFarland, a 14-year-old boy from Virginia, is weak and s...
-
SSTNews Mark Matheny Every Year the World Economic Forum releases what is called a "Global Risks Report" What is interesting is ...
-
SSTNews Mark Matheny Every Year the World Economic Forum releases what is called a "Global Risks Report" What is interesting is...
No comments:
Post a Comment