Obama Counting on Rising Oil Prices to Fuel His Green Movement

Talking about oil prices is like moving through an avalanche zone. One loud outcry and the whole thing collapses. That’s what has happened with our saber rattling over Iran. Gasoline prices are rapidly rising attributed to uncertainty about Iran and the loss of Iranian oil supplies to the world market or a blockade of the Strait of Hormuz, through which 17 million barrels of oil, or about 20 percent of total world production, flow each day. Already, the national average price... Read More

Obama’s Failed Energy Policy Has Fueled Dismal Job Creation

In his State of the Union Address, President Barack Obama again gave lip service to a national energy policy. And again, nothing has happened, or will happen. From the very beginning of his administration, he has failed to grasp the realities of America’s 21st century energy requirements and their relationship to jobs and the economy. Now rising oil prices (the average price of a gallon of regular gasoline has jumped 13.1 cents to $3.518 in the past month, according to auto... Read More