The energy market isn't exempt from the economic principles based on the
supply and demand curve. The Obama's administration current energy policies
are keeping national supplies from growing as quickly as national demand. Consequently, energy prices, starting with oil and gasoline prices, have
risen a double digit percentage over the past few months. That is a huge
deterrent to the economy rebounding. It inhibits both production and personal
spending, which in turn is a double whammy to economic growth. It's not
rocket science.The Keystone Pipeline being held back is all about
politics. It's Obama's payback to the environmentalists for supporting
his campaign. If a person spends some time analyzing the proposal and learns
that the oil from the Canadian tar pits will go elsewhere (probably China) if
the USA doesn't take it, it then becomes obvious to any objective person
that it's in the US interest on several levels to proceed with the
pipeline. It's a no-brainer considering the oil will be
processed and used one way or the other... by us or a competing country.
It's obviously much better to benefit our own economy rather than
"Perry sends Obama letter criticizing energy policy"There
are three things wrong with that, but I can't remember the first three.
Anybody?But I do know that the production of domestic oil and gas
has increased significantly during Obama's time in office after having
decreased precipitously overall during GW's eight years in office, giving
the lie to Right Wing prognosticators who predicted just the opposite.And Brio -National demand steadily decreased starting with
GW's Great Recession in 2008 throughout 2012, so I don't know how you
can conclude that Obama's policies are "keeping national supplies from
growing as quickly as national demand."