Maybe So, But It's Better Than No Oil.

Did you realize that President Obama is single handedly responsible for the higher prices of gasoline these days? Well that's pretty much true. But it's not true that it's because of his not allowing more drilling in Alaska, or the Gulf of Mexico. Nor is it true that it's because of his refusing the XL Pipeline or that he just doesn't like us. None of those are the reasons why he is the cause of higher prices for gasoline. Most of those, you hear from the oil industry and if you believe what they're telling you, be careful about listening to any sales pitches for a bargain sale price on a bridge to Brooklyn. The oil industry is still getting nearly three billion in tax subsidies and are afraid President Obama will cut them off from that extra bonanza. Subsidies? For Oil companies? Do they really need help at this point? Have you seen what their profits are? I think he should end those subsidies, but once again, the oil industry has bought enough Congressmen and Senators to block it. No the real reason I say President Obama is the cause of higher gas prices is because of Iran and it's fanatical government leaders. This administration has placed some harsh pressure on Iran in the form of getting other countries to stop buying or cutting back on buying Iran's oil. Now there's still enough oil around the world to meet the needs of everyone and some to spare, but speculators are a bit nervous anyway. Partly because they're not sure there's enough extra oil but more so because they're afraid the sanctions might not work and we'll have to go to war or Israel will bomb Iran who would then block the Strait of Hormuz and cut off a quarter of the worlds oil supply, which would create a considerable world shortage. But here's the thing. Obama can end the high price problem by simply ending all sanctions against Iran and allow them to build their bomb. I just don't think that if folks thought about it, they'd like that idea. How would you feel about Ahmadinajad or that Ayatollah having a nuke or two, or three or four or more. So like I've said before none of the three choices are good. Which choice would a Republican make? I can't imagine any sane man or woman choosing a different course. So just remember that when gas prices go up, in spite of all the rhetoric, it's a bi-partisan effort.