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Thank You Mr. President: Despite Recession, Oil Prices Continue to Rise

Robert 277 Wrote: Sep 19, 2012 12:57 PM
what decrease??? its still $3.80 at the pump which is what most Americans care about

The White House is doing a fabulous job keeping oil prices low through strategery, says All-Business Oracle, CNBC, where the motto is: We’re the Real Rock Star of the Stock Market.

“The White House promise that it could release oil from strategic reserves if prices get too high,” says CNBC “is keeping a lid on crude prices, already under pressure from slower global growth.”

CNBC trumpets this view in its not-too-subtle homer headline How the White House Is Keeping a Lid on Oil Prices.

Yes, how indeed has this White House accomplished the marvelous feat of keeping oil prices...