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Obama must do more to curb gas prices

July 13, 2012
The Mining Journal

Who was the last president not to promise to do something about high gasoline prices? We'll give you a moment on that one.

Don't remember? Neither do we. You'd think the current chief executive, Barack Obama, would realize Americans at some point will decide appointing commissions, committees, blue-ribbon panels and the like isn't enough to address our energy problems.

Obama hasn't recognized growing dissatisfaction on gasoline prices. Last year he appointed a task force to examine the problem. Has anything changed?

We know what the problem is. We don't have enough domestic oil to satisfy demand, so we have to import most of what we use.

The rational response to that would be to increase domestic production as much as possible, buy as much petroleum as we can from friendly nations, and develop new energy sources that are feasible.

The president hasn't done that. In fact, he continues to block efforts to produce more oil here and to buy more from Canada.

He tells Americans "alternative fuels" are the answer. Solar and wind power, along with ethanol, have important roles to play going forward, but they aren't the answer, of course.

And the volatility of gasoline prices continues.

 
 

 

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