On the day of Barack Obama’s inauguration, gasoline prices averaged $1.83 per gallon nationally. In two short years, prices have more than doubled and today it is $4 and even $5 per gallon. Obama’s Energy Secretary, Steven Chu, stated in 2008 that it is his desire to boost gasoline prices to the $7-$9 per gallon. Obama followed Chu’s statement that he would prefer a “gradual adjustment.” Well, America is getting the “gradual adjustment” and if Obama gets another four years, we will have $7-$9 per gallon gasoline.
In spite of the Obama administration’s attempt to pass blame on others, he can’t hide from the truth. He has no energy policy. America is dependent on foreign oil. Currently, 70% of the oil we use in America is imported from foreign nations. However, we have the ability to become energy independent and drastically lower the cost of oil, as there is more oil in America than in all of the Middle East combined. There are abundant oil and natural gas reserves in the Outer Continental Shelf off the California coast, the Alaska National Wildlife Refuge (ANWR), and many other locations throughout America.
In the Colorado Rocky Mountain Region, the Green River Formation, which spreads through Colorado, Utah, and Wyoming, there is an estimated two trillion barrels of untapped oil, which is the equivalent of eight times the amount of oil in Saudi Arabia alone.
In 1995, Republicans attempted to open a desolate area in Alaska (ANWR) for drilling and the Democrats blocked it stating it would take 10 years before we start getting oil. That was 17 years ago! America could be energy independent today; but all attempts have been blocked by Democrats and environment wackos.
Today, Obama has vetoed the Keystone Pipeline from Canada through America that would not only assist America with oil; but also would have assisted Americans with much needed jobs.
Democrats polocies are blocking America from placing her own oil on the world market, which would stabilize our own economy, re-fund Social Security, pay off our national debt, and place millions of Americans at work in the oil and gas industries while we bridge the gap to alternatives forms of energy.
Instead, the Democrats non-existant energy policy will continue to be a problem for all Americans.
President, South San Joaquin Republicans & author of “Sarah Palin Out of Nowhere”