Willis6 Wrote:
Nov 07, 2012 11:01 PM
Several ways...blocked new oil leases on govt parcels, blocked the Keystone pipeline, shut down and/or put heavy new restrictions on off-shore drilling in the Gulf, and continued to support severe limits on North Slope production--these are disruptions that limit supply and drive up prices. Then there is Obama's stated goal of put the coal industry out of business. That increases demand for petroleum and drives up prices. And then there is his pressure on Ben Bernanke and the Fed to continue to inflate the dollar...which also drives up prices on EVERYTHING. Go take an Economic class...