Barack Obama's War on Drilling and Oil In America - High Prices

Fact: President Barack Obama’s Energy Secretary Steven Chu wants to “figure out how to boost the price of gasoline to the levels in Europe.” At the time he made the statement, gas cost $7 – $8 a gallon in Europe.

Fact: Since taking office, President Obama’s entire energy agenda has made a gallon of gas more expensive.

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1. Immediately after taking office in 2009, Interior Secretary Ken Salazar, canceled 77 leases for oil and gas drilling in Utah.
2. The EPA announced new rules mandating the use of 36 billion gallons worth of renewable fuels (like ethanol) by 2020.
3. This summer President Obama needlessly instituted, not one, but two outright drilling bans in the Gulf of Mexico.
4. After rescinding his outright offshore drilling ban, President Obama has refused to issue any new drilling permits in the Gulf, a policy that the Energy Information Administration estimates will cut domestic offshore oil production by 13% this year.
5. Interior Secretary Salazar announced that the eastern Gulf of Mexico, the Atlantic coast, and the Pacific coast will not be developed, effectively banning drilling in those areas for the next seven years;
6. The Environmental Protection Agency has announced new global warming regulations for oil refineries;
7. Interior Secretary Salazar announced new rules making it more difficult to develop energy resources on federal land.

All of these policies raise gas prices at the pump by either: 1) decreasing the availability of domestic energy supplies, or 2) increasing regulatory costs on gasoline production.

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Rise in gas prices could slow economic growth

President Obama's re-elect team defended White House energy policy on Sunday as gas prices shoot toward the $4 mark and beyond, a level that could devastate voters' pocketbooks as well as Obama's chances for a second term.

Nationally, gas prices are $3.53 a gallon, up 25 cents since Jan. 1, and likely headed to $4.25 a gallon by late April.

Republicans have demanded more oil production at home, as well as building the Keystone XL pipeline across the middle of the U.S. to allow oil from Canada to reach Texas refineries.

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East Coast Oil Refineries Mostly Unaffected by Storm

Gulf Oil CEO Joe Petrowski discusses how the commodities industry was impacted by Irene.

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Michelle Malkin - Judge Throws Out Obama Admin Regs Slowing Fuel Exploration

Last week, a Federal judge in Wyoming ruled in favor of oil and gas companies who are challenging the administration. The court is agreeing with the oil companies that the Obama administration went too far in slowing down fuel exploration in this case. Why is this significant?

Michelle Malkin says, "This administration has continued to legislate behind closed doors without any public comment or review trumping congressional laws and doing it in a way that is arbitrary, capricious and contrary to the rule of law."

When it comes U.S. Interior Secretary Ken Salazar standing in the way of permits to oil and gas companies, Joshua Block, fmr. Gore/Liberman campaign spokesperson, says, "This effort may itself may have not been right, but underlying that effort I think is the White House's effort to make sure the economy gets going, that we create some jobs. The oil and gas industry that's making hundreds of billions in profit every year is behaving responsibly. That's what the American people want to see."

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Herman Cain - Failure To Lead - High Gas Prices

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Democrats Admit Their Proposal ‘Will Not Reduce Gasoline Prices By One Penny,’ Say Price ‘Not The Issue’

Senate Majority Leader Harry Reid (D-Nev.) suggested Tuesday that the Democrats' bill eliminating tax breaks for the big five oil companies could be the first step in helping bring down "exorbitant gas prices.”

“We have to do something about the exorbitant gas prices, and the best way to start with that is to do something about the five big oil companies getting subsidies they don't need,” Reid said on the Senate floor Tuesday morning.

Democrats Say Gas Prices 'Not The Issue'

Democrats Admit Their Proposal ‘Will Not Reduce Gasoline Prices By One Penny,’ Say Price ‘Not The Issue’

Senate Dem: Bill ‘Was Never Intended To Talk About Lowering Prices’

SEN. CHUCK SCHUMER (D-NY): “This was never intended to talk about lowering prices.” (CNN’s “The Situation Room,” 5/11/11)

SEN. HARRY REID (D-NV): “So this is a question of fairness and a question of priorities. Certainly a question of economics. But it is not a question of gas prices.” (Sen. Reid, Floor Remarks, 5/16/11)

SEN. MAX BAUCUS (D-MT): “You know, this is not going to change the price at the gasoline pump. That’s not the issue. I don’t see that as an issue at all. The issue I see is who shares.” (U.S. Senate, Finance Committee, Hearing, 5/12/11)

SEN. MARY LANDRIEU (D-LA): “It will not reduce gasoline prices by one penny.” “I would just like to add my strong voice to urging my colleagues to read this bill, to look at it and understand the inherent unfairness in it, the lack of significant deficit reduction, and the fact that it will not, although it is being touted as, it will not reduce gasoline prices by one penny.” (Sen. Landrieu, Floor Remarks, 5/11/11)

SEN. MARK BEGICH (D-AK): “It won't decrease prices at the pump.” “There is a lot of talk right now about ending tax incentives for oil and gas industry, but the high profits right now of these companies are easy targets. But one thing Alaskans know, just because you have an easy target doesn't mean it is the right thing to shoot. It won't decrease prices at the pump for our families and small businesses. It will discourage companies, especially the independents, from domestic investment and job creation.” (Sen. Begich, Floor Remarks, 5/11/11)

SEN. CARL LEVIN (D-MI): “Nearly every independent analyst and even some from the oil industry itself tells us that this proposal will not alter the economic fundamentals that determine gasoline prices.” (Sen. Levin, Floor Remarks, 5/16/11)

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Rep. Allen West on Plan to Cut Energy Costs, Create Jobs

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Don Smith Show - Gas Price Hypocrisy

Have you ever felt like the "so called" media goes to great extent to make you feel like there is something wrong with you for having conservative values? I have, and that is the purpose of creating this show. This is a place where everyone is welcome. This is a place where it is not only ok to be a conservative, we even try to make it fun. Since the election of President Obama, the country has become divided down political lines. Things have become very negative in our great country. We hope this show, and this site will bring back a little laughter in your life. The most important thing is don't ever let anyone bring you down, always be true to yourself.

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Visit Don's Blog

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Glenn Beck - May 4, 2011

The average price of a gallon of gas is now nearly four dollars a gallon. Sixty percent of Americans say that four dollars a gallon is just the tipping point. But, the tipping point of what? The dollar is continuing to fall and is now at a three year low. It has been falling so dramatically that the home of the peso, Mexico, is now buying 100 tons of gold… Even they are getting out of the dollar. If you have been watching the Glenn Beck Program for the last three years, this should come as no surprise to you.

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Gasoline and Diesel Taxes - Combined Local, State, Federal

Exxon Mobil Corporation Profit Margin: 8.79%
United States Average taxes on a gallon of Gasoline is 12%.
Exxon Mobil profit = .35 cents per gallon.
Combined Local, State, Federal Taxes = .48 cents per gallon.

Gasoline Taxes as of January, 2011 (Cents Per Gallon).
 




Diesel Taxes as of January, 2011 (Cents Per Gallon).

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Retired Geek

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Glenn Beck - April 25th, 2011

Glenn discusses the impact that the declining dollar has on gas prices. The truth is that a declining dollar impacts a variety of commodities and essentials, from food to gas to gold.

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Gas Prices Up for 30 Straight Days

Barack Obama is making sure NO oil is produced by new drilling in the United States.

Barack Obama Personally appointed the Board of Directors.
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(CNSNews.com) - The U.S. Export-Import Bank, an independent agency of the federal government, is now planning a $2.84-billion loan for a massive project to expand and upgrade an oil refinery--in Cartagena, Colombia.

The money would go to Reficar, a wholly owned subsidiary of Ecopetrol, the Colombian national oil company.

“This is part of a $5.18 billion refinery and upgrade project in Cartagena, Colombia supplying petroleum products to the domestic and export markets,” the Export-Import Bank said in a statement.

The U.S. government-controlled bank says the $2.84-billion in financing it plans to undertake will be the second largest project it has ever done. The largest was $3 billion in financing for a liquid natural gas project in Papua New Guinea.

The statement released by the bank said that on April 7 the bank’s presidentially-appointed board of directors had “voted to grant preliminary approval for a $2.84 billion direct loan/loan guarantee” for the Colombian refinery project.

http://www.cnsnews.com/news/article/feds-plan-284-billion-loan-oil-refinery

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Gas Prices have Doubled Since Barack Obama Became President

Pump-and-Run Driver Drags Gas Station Worker: MyFoxNY.com

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Gas Prices Doubled Under Barack Obama

Feeling pain at the pump? Gas prices have doubled since Barack Obama took office.

According to the GasBuddy gasoline price tracking web site, the price of a gallon of regular gas was around $1.79 when Barack Obama took office.

Today the national average is $3.58. The lowest average price in the continental United States is $3.31 in Tulsa Oklahoma, the highest is $4.14 in Santa Barbara, CA.

Four-dollar-a-gallon gas has arrived on average throughout California, and a number of other states are headed in that direction.

Many Experts say that $5.00 a gallon is possible by Memorial Day.

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