Three years ago, the national average for a gallon of regular grade gasoline was around $1.70. The price climbed to $2.60 in 2009 and $2.80 a year later. As of November 11, 2011, gas prices rose to an average of $3.45 per gallon, roughly twice as much as what we were paying in 2008.
When gasoline prices hit their peak at around $4.00, Democrats were demanding Bush’s head on a platter, but under Obama the higher prices are simply the new normal. Rather than take steps to curb rising fuel prices, the administration is waging its own ideological war – against energy independence – by drilling regulations and moratoriums that, according to Steve Forbes, “is fueling an energy crisis that could bring this nation to its knees.”
We hear much these days about all the jobs “saved or created” but hear little about jobs slashed or destroyed. In many ways, the Obama administration has become a job-wrecking machine. According to Forbes in the same Politico op-ed piece, the six-month gulf drilling moratorium alone cost 8,169 jobs and $487 million in wages, not to mention the sweeping effects on the trucking and agriculture industries.
In this struggling economy, the obvious solution….