Behind those gas prices

According to this analysis, the high price of gasoline has more to do with the closing of some East Coast refineries and a glut of pipeline oil in Oklahoma, than Uncle Barry’s refusal to allow increased oil and gas production.

But presidents always get the blame for things like high gas prices, whether they deserve it or not. In this case, I think he deserves it. And they usually don’t get re-elected. Whether it will stop the re-election of the first “white” African-American president, however, remains to be seen.

Via Instapundit.

0 responses to “Behind those gas prices

  1. Take care with posts like this one. Next you know, someone will blame Republicans in intentionally inflating gas price 😉

  2. Dick Stanley's avatar Dick Stanley

    So far Obumbles and his party are only blaming the rich oil companies. Socialists like them don’t believe in private profit–except for them and their cronies, of course.