Oil and Gas
Yes, gas prices are higher - or they are finally adjusting to reality?
- The reality that China and India are becoming economic powerhouses in their own right (read this Supply and Demand piece from RCP);
- the reality that 30+ years of liberal thought have gutted this country's refining capacity to the point that we are now IMPORTING gasoline from overseas (we haven't built a refinery in THIRTY YEARS!);
- "green" rules that require the creation of 30 or 40 different "summer blends" of gasoline that further erodes the ability of refineries to keep up with demand
- the reality of environmental overreaction keeps us from even exploring the possibility of building new nuclear reactors or drilling for new sources of oil in Alaska;
Can someone from the Left please tell us when and where all the oil BushCheneyHaliburton stole from Iraq in the "War for Oil" will finally make it here? Or are we finally admitting that it was nothing more than an election year lie?