Nobody is talking about how the weaker dollar, fueled by the government spending and borrowing binge, is causing our country to pay more for gas. We have to bid higher in the world market when our dollar is toothless, even for oil produced in our own country. That is why we are exporting more oil. Higher oil prices are being caused by more than just uncertainty over Iran, government restricted domestic production and speculator activity.
Obama and the Democrat gang of thieves need to have their “sign of blame” hung around their necks for this problem so everybody understands.
And this is also how the ministry of propaganda are trumpeting Obama's lie (technically true) that under his rule, domestic production of oil is the highest it's been in 8 years. What he's conveniently leaving out of the discussion is that production on government licensed land and off-shore is down by about 24%, which along with the worthless dollar, is driving up the cost. So it's becoming MORE profitable for drilling on private land, and it's been expanding by more than 25%.
Imagine what would happen to oil prices had the US government allowed increased production on licensed land, or even allowing the licenses. We'd have plenty of oil, and prices would plummet, which is something that Obama and his minions DO NOT WANT.
Mark