Not so. What the regime has orchestrated is actually quite cunning in the evil sense of that word. The American-hating muzzie, bending to the will of his OPEC overlords, has crashed the oil prices while maintaining pain at the pump. Here in Texas, per gallon prices still hover around $2.29! So the consumer loses while the stakeholder in energy companies suffers as well.
During the good years of true prosperity when Newt Gingrich was in charge, I was paying just 78 cents a gallon. And yet the domestic oil companies were doing well. I know as a shareholder in XOM and thus I'm getting whipsawed by hussein both when filling up at the pump and with reduced earnings.
Do you actually think that this band of incompetent fools is "cunning" enough to orchestrate falling oil prices to engineer the destruction of the domestic oil industry? There isn't enough brainpower in this administration to plan an Easter egg hunt let alone a "planned" 40% drop in oil prices.
This happened in spite of Obama. The futures market had driven prices up to an unsustainable level. US and Saudi production, combined with decreased demand, have created an oversupply situation. The market is correcting. Price will keep moving to an equilibrium point.