The price of gasoline is close to $4.00 (USD). All the newsorganizations seem to be saying that $5.00 (USD) is a strong possibility soon. The soon to reach $4.00/gal price will be more than double the price when Anti-Oil Obama took office. Actually in DC it was shown some premium gas is $4.00/gal already with regular not that far behind. The one thing that can be done is buy oil from Canada, our best and friendliest trading partners. But President Anti-Oil Obama has said not only NO, but HELL NO.
In ND they are drilling for oil and finding a lot of it through the process of fracking. But President Anti-Oil is sending the EPA to study Fracking which will probably means it will be shut down. Coal fired electric generators are being shuttered and President Anti-Carbon promised in 2008 while campaigning.
So, what I’m seeing is President Anti-Oil/Carbon is driving up the price of everything just to satisfy his EGO of being an alleged Enviro-whacko pleaser. So, if it costs more to do things, companies do what they need to do to stay open and that is cut back. Families will pay more to drive and use more of their paycheck for energy. And President EGO Anti-Oil/Carbon will throw more parties and keep flying aroung the world while Michelle O will use a different plane to follow him. Sorta sounds like let them eat cake Antoinette.
Keystone Pipeline fate in U.S. in limbo but construction moves forward in Canada
By Lee Ross
Published February 15, 2012| FoxNews.com
HARDISTY, Calgary – On an unusually warm February morning — at least by the rugged standards of rural northern Alberta– a dozen construction workers were bundled up welding together the steel framework for the huge oil containers that will mark the starting point for the Keystone XL pipeline.
But where the pipeline goes remains a question for Canadian and U.S. officials.
Progress on building the three 350,000-barrel containment vats — each of which covers the size of a city block — may have slowed a bit after President Obama’s decision last month to block a permit allowing for the pipeline to cross into the United States, but that hasn’t stopped the work here.
Nor has it quelled the optimism of leading officials in Alberta that the pipeline will be built — if not to the United States, as planned and still wanted, then to somewhere else– perhaps even west to access the insatiable demand of Asian markets.