Thursday, March 22, 2012
The President's Oil Problem
Victor Davis Hanson:
I can understand why Obama is furious about the politics of oil, but frantically doing derrick photo-ops simply looks desperate and cynical. Far better would be to explain to the American people why his team once wanted higher fossil-fuel prices and why that was or is wise or is no longer true; and, why he has radically curbed new leasing on federal lands, and why that is wise or at least once was wise from 2009-12; and why tapping the reserve or getting other foreign nations to pump more is helpful in a way additional American production would not have been; and why he will insist on budget discipline and restore balance in the purchasing power of overseas dollars.
If he can’t do that, then he should not wonder why most fault him for their spiraling gas bills.
