Remember $4/gallon gasoline? It looks like the Obama Administration would like to return us to those days. According to Mario Loyola writing in the August 2nd edition of National Review (NRODT), Obama is taking steps to cause a fuel shortage:
The moratorium on offshore drilling; the browbeating of BP into disgorging assets regardless of actual liability; the EPA’s unjustifiable quashing of licenses for most of the refineries in Texas, supposedly over air-pollution concerns;the Interior Department’s failure to process license renewals for a slew of shallow-water wells, which are much less tricky than those in deep water—all these actions bespeak a desire to create a hostile regulatory environment for oil extraction.
Why would Obama do this?
Many of Obama’s supporters—those at the Brookings Institution, for example—seem to think that a severe oil shortage is precisely what we need to save the environment and kick-start the transition to green energy.
In other words, to shock the public into demanding we spend billions on "green energy" so we don't have oil shocks like the one Obama purposely created again.
He is trying to manipulate the economy, cause you pain and cost you money, to push his political agenda. And manipulate you into supporting it.
Which is typical of Obama's "I know best for you" attitude. If the American people don't support something he think is best, he'll make sure they will want to. It's a planned gasoline famine . . . for your own good.
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