Everyone likes to come “Home for the Holidays,” but if you’re driving this year, you’ll pay more than ever.
Rob Bluey at the Heritage Foundation, one of the smartest journalists in the game, looked at AAA’s gasoline prices. The average cost of a gallon of gasoline is $3.21 — 23 cents higher than last Christmas, which was itself a record.
By New Year’s, the average family will have spent $4,155 on gasoline in 2012 CNBC reports for a median family, that represents 8.4 percent of their annual income, the highest level since 1981.
Congressman Darrell Issa and others make a strong case some of the price hike is the deliberate policy of Obama’s extremist environmentalist advisers. It is indisputable that Obama barred oil drilling off the Gulf Coast (probably illegally), has waged a war against coal-powered plants, and subsidized bankrupt Green energy firms supported by campaign contributors. Without Obama’s policies, the United States would be an energy superpower.
Instead, there are fewer presents under the family tree this year, because the cost of living continues to climb ever higher.
We should complain, but Obama is on a $4 million Hawaiian vacation at the moment.
— from Ben Johnson at The White House Watch.