CJ Ciaramella
The Washington Free Beacon
2/27/2012
Worried about the political consequences of higher gas prices, left-wing think tanks and some House Democrats are urging Obama to tap into the Strategic Petroleum Reserve. The Democratic Congressional Campaign Committee, meanwhile, is lashing out at the GOP, oil companies, and the Koch brothers.
The spike in oil prices comes at a bad time for the Obama administration since it recently killed plans for the Keystone XL pipeline, a project that would bring oil from Canada to the Gulf of Mexico.
Supporters of the pipeline say it will lessen American’s dependence on foreign energy and create tens of thousands of jobs. Environmentalist argued the plan could create an ecological catastrophe. Obama sided with the environmentalists.
The Canadian firm hoping to build the pipeline will announce Monday plans to push ahead with an extension of the segment of pipeline running from Cushing, Okla., to Port Arthur, Tex. The rest of the project remains in limbo, according to the Washington Post.
Gas prices usually dip in colder months, but in 2012 they have surged.
The average price of regular unleaded was $3.34 over December, January, and February, according to the U.S. Energy Information Administration. The latest figures from AAA show the national average price of gas has spiked to $3.69.
Steve Israel, the chair of the DCCC, told the Washington Post that Democrats should blame Republicans…
…Leading Senate Democrat strategist Chuck Schumer of New York wrote a letter urging Secretary of State Hillary Clinton to press Saudi Arabia to boost its oil output…
The complete article is at The Washington Free Beacon.
Related: Keystone Light: TransCanada Proposes a Plan for a Shorter Oil Pipeline
The White House on Monday welcomed a Canadian company’s plan to build an oil pipeline from Oklahoma to Texas after President Barack Obama blocked the larger Keystone XL pipeline from Canada.
The new proposal by Calgary-based TransCanada does not require presidential approval because it does not cross a U.S. border. The 485-mile pipeline is expected to cost about $2.3 billion and be completed next year, pending approval by federal, state and local governments…
Also, Define Gradual Adjustment with several videos at New Zeal. You are definitely being “nudged.”
