CovenantNews.com

Now You Know Why Your Gas Is So Expensive

Chris Ortiz / Chalcedon Blog:
As I suggested back in November of 2007, the likely motive behind the rising oil prices was to convince the majority of Americans and their lawmakers to allow domestic drilling. This should have been a simple prediction for anyone. Crises of this magnitude don't just happen overnight. One day you're paying $1.50 per gallon, and two years later you're over $4.00 per gallon. C'mon folks, smarten up! The game is rigged. The push is on. Out of nowhere President Bush is calling on Congress to lift the ban on off-shore drilling; John McCain wants 45 new nuclear reactors; and now Newt Gingrich is compounding Bush's demand--although with a twist. He's placing the blame on Congress, not oil companies, or the Saudis.

Posted by Editor at June 20, 2008 07:15 AM