Saturday, December 11, 2010
Gas Up $1 A Gallon On Obama's Watch
It's just simple math that the less our dollar is worth the more dollars it takes to buy a barrel of oil from OPEC.
"The reason that it dropped is because the U.S. sent a signal to the markets, by dropping the moratoria, that we're going to drill on our lands. Obviously, we never followed up, and thus you see the crisis gradually rising," said Rep. Doc Hastings of Washington, the ranking Republican on the Natural Resources Committee.
at 4:31 PM