In response to airborne-rgr's comment:
US Gas Prices, Oil Price & the Real Story Take the Drill-Baby-Drill Challenge: Can You Guess Right?
March 25, 2012. You know the story. When Obama took office:
- Gasoline cost $1.95/gallon and oil, $45
But now (3/2/12)
- Gasoline costs $3.72/gallon and oil, $125
Incredible. And we understand - because our politicians explained it to us, like so ...
- We should've drilled.
- But Obama and his EPA stopped us.
- So the supply of oil went down.
And, that pushes the price up, and high oil prices cause high gas prices. If we had drilled, supply would be up and the price would be down. Maybe down to $1.00/gal like under Clinton ( ).
So I dare you to guess which Obama scenario on the graph above is correct. Don't cheat. Guess before you click to see the answer. Don't believe it? See for yourself where the data comes from.
Shocking but true:
- We did "drill baby drill" - like never before.
- Obama didn't stop us.
- Just ask the .
- The US supply of oil went up the most since 1970.
Under Obama, drilling has skyrocketed as never before, and the price of gas went from $1.95 to $3.95 (April 1, 2012). There's a reason.
Umm...those are the drillings that Obama couldn't control.
Where Obama has control, i.e. Federal Land, no such spike.