In response to skeeter20's comment:
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 (March 1999).
Free. Many Varieties
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 upset Sierra Club.
- 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.
What the heck are you babbling about.
First of all, EVERY WELL in the country, whether it be on public land or private land, is licensed and permitted by the gov't.
Second of all, just making shiite up makes you look even more ridiculous.
In Jan 2009, there were 346 rotary rigs operational in the US.
As of Feb 2013, there are 1337 rotary rigs in operation.
That's a 400% increase in active drilling.
At the end of 2008, Total Number of Producible and Service Holes on Federal Lands in the US was 86,642
At the end of 2012, there were 92,583 of those same producing wells.
That's an increase of 6,000 producing wells on Federal Lands.
You are sprinting past the point. Drilling ojn Federal land is down, drilling on private land is up. Also consider fracking. now, unless you are willing to tell me that Obama invented or is for fracking, then your "spike" is despite Obama, not becasue of Obama.