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Obama's Gassy Claims

Recorded on February 24, 2012

From The Heritage Foundation, I'm Ernest Istook.

 

President Obama pretends he's done nothing to make gasoline prices zoom up.

 

He says oil production is at an eight-year high. He fails to mention that he has reduced drilling on public lands by 40%. Thank goodness the oil companies moved to private land instead, and applied new technology to get more oil from less land.

Obama claims it's useless to lift his drilling restrictions because it would take years to make a difference. Then why didn't he start years ago? Do it now, so we don't hear more silly excuses in the future.

 

He also blames speculators. Politicians always call for investigations over price increase, and they always find out there is no conspiracy.

 

Obama's own secretary of energy said they want higher prices, even as exorbitantly high as in Europe, because they want to force you to drive less.

 

From The Heritage Foundation, I'm Ernest Istook.