you may be tempted blame the government for not doing enough to keep a lid on prices.Resist the temptation.
This much of the article is actually rational and intelligent. The problem isn't that the government isn't doing enough, but rather that the government is interfering too much. Get rid of the artificial government imposed barriers to production. Get rid of the government imposed additives and special blends and ethanol requirements. Allow the market to allocate resources efficiently and allow for domestic drilling. Allow a few new refineries to be built. If the government would do less on the restriction side, we could increase supply, reduce our dependence on foreign oil, and drive down prices.
It is true that government can do little to influence oil and gas prices, but the answer is government needs to do much less -- and get out of the way -- rather than more.
Of course you make a good point!
But as I read it, the point you make was not the purpose of the article, though...the purpose is clearly to exonerate Obamugabe...Obamugabe’s POLICY is to degenerate oil and coal production and “punish” those industries.