Sunday, March 17, 2013

The Causes of High Gas Prices



The Main Stream Media and the Current Administration in Washington, D.C. want the people to believe that The White House has nothing to do with high gas prices.

When Obama took office the average gas prices were below $2.00/gallon, since then it has always been going up. Why the prices are above $3.50/gallon?

First of all, the current Administration is a big believer of man-made Global Warming and by doing so, they punish oil producers. They want the so called “Green Cars” to succeed such as the Chevy Volt, even though the process of manufacturing these cars produce more carbon monoxide than the regular cars do.

When Gas Prices go up, everything else trends to raise their prices as well, starting with groceries.

The irresponsible act of excessive Federal Regulation for oil drilling is hurting an already bad economy. Most of the drilling is being made in private land because The Federal Government is doing everything in their power to stop drilling in Federal Land, meanwhile families are being hurt across America by paying more for their groceries and to pump gas into their cars.

New discoveries put America as the country with the largest oil reserve on earth, with more oil than Saudi Arabia or any other country. Huge amounts of oil reserves have been discovered in North Dakota.

The oil that sits in North Dakota is a kind of oil known by the name of “Shale Oil” and the process to pump this oil is known as “fracking”. The “environmental wackos” are already attacking the fracking business, they don’t care that fracking is creating jobs and energizing the economy. All they care about is their power.

It’s time for more drilling in Federal Land, offshore,etc. But under the current administration this though is nothing more than a dream.

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