Furious over gas prices? Look in the mirror

WASHINGTON — As gas prices soar, Republicans and oil company executives have revived a rallying cry that echoed around the country the last time gas prices spiked: “Drill, baby, drill!” Republicans in Congress, especially, have berated President Barack Obama for his policies, which limit drilling in environmentally-sensitive areas and attempt to reduce our reliance on climate-changing fossil fuels.

The president’s opponents posit a seductive and simple idea: The U.S. has untapped resources that ought to be put to good use. If federal policy allowed more drilling, gas prices would drop — following standard rules of supply and demand.

But like so many simple ideas, this one is wrongheaded and shortsighted. The U.S. cannot drill its way into free-flowing, low-cost gasoline. The supply of U.S. oil isn’t big enough to make a dent: we have about two percent of the world’s known reserves.

The larger problem is one of worldwide demand (though speculators and Middle East turmoil are blamed for current price spikes). As nations such as China and India grow more prosperous, they want their share of the world’s limited energy resources. Like Americans, members of the Chinese and Indian middle-class now view cars as symbols of prosperity and independence.

If you have a limited product that lots of people want, you can charge a lot for it — as any kid with a lemonade stand on a hot July day could tell you. That suggests that prices at the pump will likely continue to spike and then ease slightly, as they have for the past few years, but they’re unlikely to drop significantly.

Our most far-sighted politicians and our most thoughtful prognosticators have known that for years — and said so. Indeed, analysts for a large British bank, HSBC, warned last month that the world may have no more than 50 years worth of oil left, at current rates of consumption, and demand could lead to “very significant price rises.”

Despite multiple warnings, the American political system is so dysfunctional that very little has changed since a president named Jimmy Carter tried to get us to get serious about reducing our dependence on gasoline. Oh, cars and trucks get better gas mileage than they did back then. But the nation still lacks a coherent policy for radically reducing consumption.

The frustration over prices at the pump is likely a major contributor to Obama’s sagging approval ratings.

Earlier this month, Gallup’s daily tracking poll showed that the president’s favorability rating had slipped to 41 percent, tied with his lowest ever. Voters tend to blame the person in the Oval Office when gas prices soar.

I understand the frustration. Families struggling in the post-recession economic landscape — some still jobless, many earning less than they used to — are hard-pressed to fork over more and more money at the gas pump.

And for many of those families, driving has become a necessity. They’re not taking leisurely spring-break road trips. They’re trying to get to work, to the doctor’s office, to the grocery store.

Over the last 30 years, suburban and exurban development, especially in fast-growing Sunbelt cities, have produced sprawling mega-lopolises, wherein workers may live an hour’s drive (or more) from the workplace. Those suburbs aren’t exclusive enclaves of the affluent, either. Many suburbs are economically and racially diverse, so more families of modest means live far from work. A dime a gallon can break the budget.

It’s easy to look back and see what might have been: If Congress and state legislatures had adopted policies back in the 1970s that discouraged never-ending sprawl and encouraged public transit, they would have slowed consumption and eased the pain at the pump. Of course, we can’t travel back in time for a do-over.

But even those policies we could still adopt — pouring serious money into research and development of alternative fuels and boosting public transit, for example — are stalled by Congressional bickering and inertia. Perhaps we’ll get serious when gas reaches ten dollars a gallon.

245 comments Add your comment

Thulsa Doom

April 22nd, 2011
11:18 am

Don’t worry. Obama appointed yet another commission to study the runup in gas prices. But they will likely conclude what 30 something other studies already concluded- there there is no collusion in gas prices. Incidentally we have enormous stores of natural gas- several hundred years worth. But is Obama talking about a changeover to natural gas. Nope. Just goes to show this man has no clue and frankly just doesn’t care about the pain at the pump that poor and middle class people are suffering from. He’s too wrapped up in that junk science about global warming- or is it climate change they call that nonsense now?

Thulsa Doom

April 22nd, 2011
11:22 am

And btw Cynthia Obama certainly deserves a good degree of direct blame for the rising gas prices. Ya see we purchase our oil in dollar denominated purchases. But because Obama is spending us into bankruptcy the debt situation is continuously weakening the dollar. A weaker dollar means we are paying exponentially more for a barrel of oil. Ya shoulda learned that in economics 101.

Guy Incognito

April 22nd, 2011
11:26 am

Ride MARTA? No longer an option due to the B.F.P.L. savage beating of 2 gay Delta employees. A hate crime for sure, but it will never be prosecuted due to the ethnicity of the vicitms and thugs

Don't Tread

April 22nd, 2011
11:32 am

“Voters tend to blame the person in the Oval Office when gas prices soar.” Like you did a couple years ago (blame Bush, he’s an oil man).

Guess it’s a little different when your guy is in the oval office.

TrishaDishaWarEagle

April 22nd, 2011
11:34 am

It is a shame that the victims did not have concieled carry permits, they could have put down one or more of the feral teens..no loss there.

TrishaDishaWarEagle

April 22nd, 2011
11:35 am

a looong hot summer of skyrocketing food inflation and $5 gas..yeah, Bush’s approval ratings may look pretty good to obama by fall . HAHAHAHA

Richard

April 22nd, 2011
11:35 am

Thulsa Doom,

“A weaker dollar means we are paying exponentially more for a barrel of oil.”

So according to your theory, gas prices have risen at the same rate as inflation. Didn’t think so. Thanks for playing.

Give me a break!

April 22nd, 2011
11:36 am

3 posts in and we already have a winner for most offensive ignorant post of the day.

CT, I often enjoy your pieces however in my mind you may as well simply write articles (i.e. no commenting). Not much productive arises in the replies to your posts.

GA Voter

April 22nd, 2011
11:36 am

TD – you might remember that there were programs going full steam to find alternative energy up to 1980 but the they were totally defunded in 1981 by Reagan and nothing has happened since. I agree with CT that the US’s love affair with massive SUV’s didn’t help at all. We have to face the fact that oil is a finite resource and we have to look for other technologies for cars. Blaming President Obama for everything doesn’t help – I know you hate his guts but at least he has a clue of what he’s talking about unlike his predecessor. He cannot fix 30 yrs of policy that wrecked this country in 3 years – deal with it.

ByteMe

April 22nd, 2011
11:49 am

Richard, that’s not what TD is writing. If you import a product and pay dollars, as the dollars lose their value, the product increases in price. Same is true with gold, which has seen a monster bull since we started devaluing the dollar.

BTW, devaluing the dollar was an important step to making our exports more affordable, and the more affordable our exports, the more people will get put back to work manufacturing them here in the USA. Having a strong dollar meant we could buy lots of Chinese products cheaply, but it also killed our manufacturing base. A weak dollar makes imports — like oil — more expensive, but puts people back to work in industries that don’t rely on oil for power.

Aquagirl

April 22nd, 2011
11:50 am

Honestly, Cynthia, you can show the drillbabydrill! zombies the numbers on our oil reserves all day long. It’s not going to make any impact, They don’t want to get it. Reality is a harsh thing, and it means they can’t find anyone to blame except the free market.

Al Moak

April 22nd, 2011
11:52 am

Meanwhile, the gasoline portion of my outgo is badly ourtstripping my fixed income. The cry is, what can I do? Is anybody going to do anything about it, or am I just going down the tube? Someone at the top end of the gasoline chain is profiting hugely. Who is it, and what do we do about it?

Not at the Trough

April 22nd, 2011
11:52 am

We need to drill for our own oil on our own soil. Then we wouldn’t be so dependent on those mideast hell holes that we regularly find ourselves fighting in so we can continue to secure our oil supply. Which is better, drilling in Anwar or killing a few more American G.I.’s?

B Cosby

April 22nd, 2011
11:55 am

CT, 2005, gas prices go up, Democrats say Bush is in bed with oil companies. Back then as with today, everything is Bush’s fault. Obama is responsible for nothing. How come you deadbeat liberals are not riding Obama about gas prices the way you did Bush? In your case, I suspect Obama is not white, so he makes no mistakes. The U.S oil reserves are huge, thus we should drill. As soon as we announced we were going to driil, oil prices would drop. Perhaps a death panel could get to the bottom of this!!

But...

April 22nd, 2011
12:00 pm

If it was folly to criticize President Bush for high gas prices, why do you insist we adopt the same foolish behavior now with President Obama? Is it your normal approach to mimic behavior you find silly and obviously based in ignorance?

Thulsa Doom

April 22nd, 2011
12:10 pm

Aquagirl,

Drilling for more oil increases the supply of oil which should decrease the price. Are you going to sit there and say that the most basic law of economics- the law of supply and demand- does not apply? If so then please explain why supply and demand no longer applies. I’m certain economists everywhere will want to understand your new thesis.

Neutral Nick

April 22nd, 2011
12:13 pm

Everybody speaks on politics like they know what is going on. Republicans hate democrats and vice versa. The information people receive is usually bias: news, blogs, internet, etc. We are all in this together. The president can’t please everybody. Stop the wining and run for president in 2012 and see if YOU’RE worthy. “FORD’S SUCK!” says who? Chevy.

Thulsa Doom

April 22nd, 2011
12:13 pm

ByteMe @ 11;49,

Thank you. That was a well written synopsis and a very simple economics lesson explained in 2 paragraphs.

Maybe Richard will likewise understand that it will make our exports cheaper which is good for some companies- for example Ford did really well last qtr because it sells a lot more trucks overseas than the other 2 car companies. But as you and I explained as the dollar falls we will be paying more and more for gas.

consultant

April 22nd, 2011
12:21 pm

So it’s my fault for finding a job that is 39 miles away from here I live and it’s my fault for driving to client locations that could top another 30 additional miles to my daily commute of over 120 miles per day. So im supposed to take alternative transportation to different geographical locations? The problem is pompous arrogant writers like you who have no clue into what working middle class deal with.
It is all obama’s fault, he’s in charge, his policies of making this country into a banana republic are exactly what is in effect. Take responsibility and show me character

ByteMe

April 22nd, 2011
12:21 pm

TD: I’m actually good with gas prices being high, because — just like after the hurricanes caused gas prices to spike — I believe in the maxim:

“The cure for high gas prices is high gas prices.”

Maybe people will wake up and reorganize their lives to the new reality instead of whining about it… or blaming the government for it.

Snowbunny

April 22nd, 2011
12:23 pm

You go, Thulsa Doom! You are absolutely right. Obama said, “…energy prices will naturally sky rocket under my plan.” He’s loving the high prices and cares not a whit about what Americans are enduring. Gov’t funding of these foolish wind projects and funding of these silly electric cars that can’t go more than 40 miles without a charge is dumb. If they were viable sources of energy and there was a profit to be made, then we would have windmills and electric cars all over the place. The market can’t support them, so the gov’t funds them, and they go nowhere because nobody wants to drive cars that can’t go 400 miles on a single charge. And where do they get the energy to provide the electricity in the first place? From fossil fuels. The technology just isn’t ready yet. So what are we supposed to do until then? Some people drive more than 40 miles to get to work everyday. Everything the Democrats do economically means a lower quality of life for everyone. Yup, you’ve really solved the problems. Just steal from the rich and give to the poor. The poor will always be poor under that scenario. Dems do no favors for poor people. And Obama not only doesn’t care, he likes it. It gives him the power.

Tech Man

April 22nd, 2011
12:23 pm

Neutral Nick
April 22nd, 2011
12:13 pm

Federal elected Republicans and staffs don’t hate elected Democrats and their staffs. They are both members of the club. When they are in power they have a vote. When they are out of power they are in “think tanks” and lobbying groups. It is a self perpetuating example of the “get-a-long gang” with constituants wondering what the heck is going on! They have more in common with each other than they do with us!

Toby

April 22nd, 2011
12:24 pm

OMG some people continue to think supply and demand drive gas prices. They really are cute at that age.

ByteMe

April 22nd, 2011
12:27 pm

BTW, we consume less petroleum in this country than we did in 2006. What’s going on is not exactly a “supply-and-demand” thing. You can look up the details at eia.gov.

sambo

April 22nd, 2011
12:29 pm

Tech Man

April 22nd, 2011
12:30 pm

ByteMe
April 22nd, 2011
11:49 am

Following your example what does it do to oil produced here? You also forgot speculation by those that never actually receive a barrel of oil but thrive on the fluctuations of the market.

carlosgvv

April 22nd, 2011
12:32 pm

We, the American public, don’t have to wait for gas to hit $10.00 a gallon to get serious. We are serious now. The problem is that many of us have to use cars to get to work as no other transportation is avaliable. Electric cars are limited and very expensive and hydrogen powered cars are non-existent. So, what will happen to our economy when a large number of workers no longer show up for work because they can’t afford the gas? In terms of getting serious, maybe our whole economy will have to completely crash before alternative fuels become a reality.

Thulsa Doom

April 22nd, 2011
12:33 pm

GA Voter @ 11:36,

I will agree and disagree with some of what you say. First of all alternative energy programs are funded as you noted by the govt for the most part because they simply aren’t economically feasible- they just aren’t competitive with oil and won’t be for the foreseeable future. Except for natural gas of which we have vast stores. We just have to build the pumps and infrastructure and fund a gradual move to natural gas over a 5-10 year time frame.

The problem is blind ideology- Obama does not want this because natural gas is a fossil fuel- regardless of the fact that its cleaner than oil.

We could go to the electric car but the batteries for the most part are going to have to be charged- with nuclear or coal fired power plants. Obama opposes both.

Oil is a finite resource? And your point? The Saudis still have hundreds of years left of reserves, we still discover oil deposits, and we now know and now have the technology to extract billions of new barrels of oil from the tar sands here in North America. And as I said we have enormous stores of natural gas to turn to. Why are we not doing that?

Obama has a clue as to what he’s talking about unlike his predecessor? Really? Bush was in the oil business. I think he has forgotten more about energy and oil in particular than Obama has or will ever learn. There is no factual basis for making a statement that Obama knows what he is talking about. Clearly the man hasn’t a clue.

Obama can’t fix 30 years of policy in 3 years? I’ll agree with you on that but exactly what has he done? He helps Brazil drill for oil off its shores but refuses to reallow drilling off our own shores, he opposes coal because he thinks it causes asthma- yes, he actually said that in a speech the other day, he also talked as a candidate about making coal obsolete via cap and trade policies that would make it too expensive to use coal, and the man opposes nuclear power.

He spoke about creating millions of green jobs. Really? Where are they? I haven’t seen one.

Does this man really think that wind and solar power can fuel our economy? Speaking of that remember that solar panel company in Mass. that the stimulus funded with 42 million of U.S taxpayer dollars? They packed up and shipped(outsourced) the jobs to China and closed the plant here. Why? Because what they are doing isn’t feasible on a mass scale.

How about wind? T. Boone Pickens- one of our great energy businessman- can’t make it work. He gave up recently on it and concluded it just isn’t going to work on a mass scale. Does Obama know more than this 60 something year old man who has spent his whole life in energy development?

Fact it. This clown has not a clue as to what he is doing. None. Zilch. Nada. And to add insult to injury Georgia voters are going to pay an extra 3 cents per gallon tax as of May 1.

Oh but Obama has responded. He did appoint a commission to “look into” why gas prices are rising. What will result from this commission. Not a dang thing.

Tech Man

April 22nd, 2011
12:34 pm

The Federal Reserve has been betting on a weak dollar, the intentional devaluation of the dollar through the printing of trillions of dollars to allow the Federal Government to spend its way out of debt.

Tom B

April 22nd, 2011
12:37 pm

Venezuela $0.12/gal
Nigeria $0.36/gal

Just sayin’

ByteMe

April 22nd, 2011
12:38 pm

TechMan: not sure what you are asking with your question, so I can’t really answer.

I didn’t forget about speculation, I think there’s two components to the most recent increase:

1. Speculation in anticipation that market will continue to get tighter,
2. “Risk” being priced into the market because of mideast turmoil… but the risk factor appears to be out of whack with the true level of risk relative to the entire oil market.

Tech Man

April 22nd, 2011
12:43 pm

ByteMe
April 22nd, 2011
12:38 pm

What is the effect of a devalued dollar on a product produced entirely in the United States?

My point is much of the “ferver” in oil price speculation is fabricated and unfounded.

HJP

April 22nd, 2011
12:43 pm

Obama-haters: Sophistry. What, are you getting paid for this?

Reality: There is a new, gigantic middle class out there in the world that DEMANDS the same SUPPLY of petroleum that we are using. So we need to innovate new tech, and that means
government investment in R&D. Support PROGRESS, it works. FCS

Thulsa Doom

April 22nd, 2011
12:44 pm

ByteMe@ 12:21 pm,

I’m not that bothered by high energy prices but I hate it for the poor and middle class people- especially those that have to commute. And high prices will eventually force other alternatives on us like a switch to natural gas. But in the short run if it goes to $6 or higher we will surely go into a double dip recession and the reality is that there is no short term solution.

And I simply see Obama doing nothing- absolutely nothing except appointing a commission whose end conclusion will be that there is no proven collusion. I don’t expect Obama to solve the energy crisis in 2-3 years. I just expect him to get something serious started. I have seen nothing.

Kenwood17

April 22nd, 2011
12:44 pm

Some leader at sometime in the future WILL mandate drilling for oil in the USA. Impossible to NOT happen. It would be better if this happened now while Americans with some assemblance of freedom and elected leaders could benefit but it won’t. It will happen when Americans have lost control of our country and some other power we do not elect has taken control.
Imagine an America drilling here and now eliminating any need to buy or import foreign oil in the near future.
Imagine America taking in Trillions of dollars from foreign oil buyers. (If we decide to sell some.)
Imagine America NOT sending so many dollars to support our enemies.
Imagine the unemployment rate drop.
Any rational American can see the tremendous upside for Americans.
What is the down side?
We might have a drilling accident bad enough to lose use of a small section of land. (Better than losing the whole country)
Might have to spend a few billion of the trillions we make or save to clean up an accident.
Might see some wonderful animals sacrificed (yes that is important but how many humans are sacrificed now due to oil.)
Many who ACT like they want a job to earn for themselves will no longer have an excuse.
Rational Americans will have to bare hearing even more from the irrational environmentalist. (We need the rational ones)
Wars where Americas are involved will then happen for only one of two reasons:
1. Protecting America’s oil supply from those who would take it by attacking our homeland – us.
2. A lie by our leaders or the press. Ummm. Sorry, there isn’t a second reason. (Regardless of what we are told today)
The same people who loudly scream “save the XYZ furry little whatever” scream even louder when millions around the world are dying for oil.
Anyone knowledgeable of the great 20th century wars knows it came down to oil regardless of what some leaders have allowed in the history books.
It will be a sad day when our children or we watch someone raping our land of the vast oil we have. Those who do it will have little if any concern for the environment and we will have lost any voice to prevent it. They will simply grin because we were so stupid to have allowed them to become wealthy and save their country at Americans expense.

Truth be Told

April 22nd, 2011
12:48 pm

Yes, let’s drill baby drill! Let’s drill every last drop of oil from beneath our American soil! And then when we run out before the rest of the world, the Saudi’s will really have us by the balls!

Starring Kam Fong as Chin Ho

April 22nd, 2011
12:48 pm

Looks like a barrel full of ” Hope and Change” to me. And do tell CT what would be the harm of uncapping some of the wells in Tx or drilling in Anwar. EXACTLY what is the downside? Is obama too stubborn to admit he is wrong on offshore drilling? Does he want to bankrupt our country? I await your your response.

ByteMe

April 22nd, 2011
12:50 pm

TechMan: on a product produced locally with local raw materials, the price will only go up relative to inflation instead of currency rates.

Except that gas uses external oil as well as internal… however, the price increase in gas does not directly correlate to the price of oil at this point, since the price of oil was higher in 2005 and the price of gas was about where it is now, so something else is affecting the situation, as you surmise.

TD: I also hate it for those who can’t afford to do otherwise, but it’s not like we didn’t see this coming a mile off, right? People have to learn to adapt better and stop blaming the government when the world changes around them.

As for Obama, any change that would have immediate impact would require more investment or change in tax policy today… and that would require congressional approval. How likely you think that would get through the House or Senate while the Tea Party is the noisiest group in the room? What exactly do you think is possible with the current Washington crowd even without Obama in charge of the Executive branch?

Thulsa Doom

April 22nd, 2011
12:51 pm

Toby

April 22nd, 2011
12:24 pm

OMG some people continue to think supply and demand drive gas prices. They really are cute at that age.

Toby,

I’ve believed that speculation also plays a part in driving up oil- especially since the uptick rule to my knowledge has not been removed. If the speculation is a serious component then it could be because as byteme noted the speculation is in anticipation of tighter markets due to mideast turmoil. But I also saw an analyst the other day who said that speculation is not near as much of a factor as we believed it is. The jury is still out on the impact of speculation. But one thing is not in dispute. The chief component will always be worldwide supply and demand.

Suwannee

April 22nd, 2011
12:53 pm

It is so discouraging to see the number of short-sighter “thinkers” on these message boards. We all know that there is a finite amount of oil on this planet. So do we sink our money into short-term solutions or something permanent? As any engineer or project manager would be able to tell you, we can pay now, or a lot more later.

Mike K.

April 22nd, 2011
1:00 pm

I’ll give Cynthia this – she’s correct to say that increasing total American drilling wouldn’t have a big impact on world oil prices (though she ignores the more pertinent question of why liberals oppose our country making money selling its valuable oil deposits). However, all her other points are facile distortions of the truth.

First, people live in suburbs because it’s cheaper than living in cities. While that might drive up gas prices, they get way more space per dollar they spend.

Second, there’s no way of knowing what the benefits of government research into alternative technologies would be (if any). We have reason to suspect those benefits will be less than the costs of the research since, if there were a profit to be made, private companeis would be doing it without government support. Just look at the recent developments in shale gas – companies spent decades researching new fracking techniques in the hope of making a profit without any government subsidies.

The bottom line is that gas may be expensive, but it’s still a lot cheaper than letting the Democrats spend billions of dollars induling their fantasies of a future powered by windmills and hope (and possibly unicorns).

Thulsa Doom

April 22nd, 2011
1:01 pm

ByteMe,

From what I’ve seen in the past the cost of gas relative to oil often does seem out of whack but once they study the matter the end result is a conclusion that the difference is always explained via the various kinks in the distribution system,perhaps speculation,etc. I suspect the answer is more technical and indepth than what our little blog can handle.

As for a changeover I would personally love to see a switch to the electric car but the technology isn’t fully there yet and as I’ve said we are then presented with the issue of generating power via coal or nuke to charge the electric batteries.

The most feasible short term solution is a switch over 5-10 years to natural gas powered vehicles and from there eventually to a totally electric car or an electric/natural gas or electric/gas hybrid. But my point is that for all his bluster and talk I see no real effort from Obama. Can’t say I see a whole lot from the Republicans either except for drilling for more in the short term and that would in fact ease the pain.

Look in the mirror

April 22nd, 2011
1:02 pm

Violence in another Mc Donalds almost kills customer

Here is another fine example of the trend of violence in fast food restaurants. Two black females beating the hell out of a white patron, while several black employees stand by and watch. One black male manages to provide the facade of assistance to the white victim in this brutal attack.

The two black females exit, then re-enter the store to continue the beating, until a an older white woman attempts to stop them from dragging the white victim outside into the parking lot. note: the black male employees have disappeared from camera view, even though they are plenty well capable of stopping the attack.

At the end, the white victim is beaten until she has a seizure, at which point the camera operator warns the black female attackers to flee, because the police are on the way. Note: he makes sure to repeatedly tell the criminal attackers to flee, instead of keeping them there for the police to apprehend.

[...] NewsObama says new task force will examine gas pricesBusinessWeekabc7.com -Reuters -Atlanta Journal Constitution (blog)all 918 news [...]

Tech Man

April 22nd, 2011
1:04 pm

ByteMe
April 22nd, 2011
12:50 pm

Therefore the profit from selling oil withdrawn here and/or it could be sold at a lower price.

Thulsa Doom

April 22nd, 2011
1:05 pm

Suwannee,

The fininite oil reserves worldwide and yet to be discovered reserves will still last the world a few hundred years. Its not as if we are going to run out of oil anytime soon.

Joe

April 22nd, 2011
1:07 pm

There is lots of either misinformation going on or just plain ignorance. Speculation accounts for at least 25% of the price of a barrel of oil and is being bid up by companies that have no direct need or involvement in the industry and will never take possession of the product. We can and should reduce the amount leverage that is used in this speculation. If the average American truly understood how this speculation works there would be a march on the commodities trading floors if not Capitol Hill….

Tech Man

April 22nd, 2011
1:07 pm

Thulsa Doom
April 22nd, 2011
1:01 pm

From my perspective tree huggers and the current administration are the major roadblocks to land based natural gas production.

And...?

April 22nd, 2011
1:09 pm

Look in the Mirror – yes, another fine example. I’m sorry, who here was talking about violence in fast food establishments?

the gutless left

April 22nd, 2011
1:10 pm

More craziness from the queen of insanity. Not even a semi-intelligent person is not going to be able to put Obama’s Nazi drilling moratorium and sky rocketing gas prices together.

The same Neo-Comms that want to murder babies and the elderly are actively striving to get gas prices up to 37 dollars a gallon.