Soaring gas prices pose a major electoral vulnerability to a President so damaged he refused to celebrate the two year anniversary of his marquee domestic accomplishment. That is why, for the past several weeks, President Obama and his administration have been in damage control mode.
After Barack Obama regains the presidency -- a prospect that seems likelier, the more the Republican candidates slice and dice one another -- we can look forward to four more years of statements such as: "You can either stand up for the oil companies, or you can stand up for the American people."
I’m normally a fan of Fox News host Bill O’Reilly, but he is not a fan of oil companies. This is where he loses me.
Wonder why the drastic price hikes at the pump? Clue: It has to do with the Obama administration's green agenda and market manipulation by the oil companies.
This week the Department of Interior (DOI) sold its first oil lease in the Gulf of Mexico in over a year. Withholding drilling permits and cancelling leases, the Obama Administration has made what was once routine nearly impossible.
Democrats should be rooting for America’s oil and natural gas producers to succeed—the nine million people employed by the industry and millions of shareholders certainly are. Not cheering yet? You should be. In all likelihood, you are Big Oil.
Market index trends don’t affect whether I buy stocks, because there are always good stocks to buy: profitable companies with good chart patterns.