Obama Is Responsible for Gasoline Prices

How damaging to our fragile economy is this huge spike in gasoline prices?  Certainly, it will take billions from Americans who are already hurting badly  from high unemployment and inflation.  The situation is so grave that some Democrats have gently urged President Obama to allow more domestic oil production.  They know that Obama has said several times that he wants high gasoline prices; he has promised to destroy coal fired electric generating plants and his budget called for taxes on oil, gas and coal.  We need at least one congressman with guts to shake his finger in Obama's face and shout " You, Mr. President, and you alone, are responsible for the l00  dollar oil and high gas  prices at the pump.  You have refused to allow drilling permits to be issued,  and oil production in the Gulf, which should have increased, has declined more than the amount of oil we could have gotten from Libya.   Mr. President, you are deliberately wrecking this country and we demand you stop."

Let's take a look at some major problems that are weakening  the economy and keeping millions unemployed. Our trade with China is so one-sided it is almost impossible to  comprehend.  Last year we had a deficit trading balance with China of 273 billion dollars, all of those dollars leaving this country never to return.  Consider this; the United States consumes 20 million barrels of oil per day.  At l00 dollars a barrel that is two billion dollars per day and 730 billion dollars in one year, of which 60 per cent is imported, sending 440 billion dollars overseas.We are talking 700 billion dollars that could remain in this country, reducing the deficit and adding wealth.  Think how many millions of jobs we could add if we insisted on fair  trade  with China ,and we produced all of  the energy we use. Okay, I agree oil is not always 100 dollars a barrel; it could be lower but it could be even higher.We should rely on all our own energy resources, especially coal, nuclear, oil and gas.
Above all, it is a matter of national security.    Our nation does not have to  suffer so badly if our  elected "leaders" would have the courage and intelligence to act.