Obama: You’re welcome for low gas prices!

I don’t much like State of the Union addresses even when I like the guy giving them. The State of the Union address has become a particularly shallow exercise even in a shallow town. I’d love to see a return to the president advising Congress of the state of the union by letter.

So I didn’t watch our esteemed president last night. I did, however, look over a transcript of his remarks this morning. I see he is taking implicit credit for the country being “as free from the grip of foreign oil as we’ve been in almost 30 years.”

Indeed. You know, recently I had an Obamanaut ask me if I was enjoying the gas prices, as if her hero had something to do with it.

Our gas prices are not falling because of anything Obama has done.

Thanks to the ongoing hydraulic fracturing (fracking) revolution, the United States has accessible oil reserves in quantities unthinkable just a few years ago. OPEC doesn’t care for that at all. So they’re trying to lower prices to a point that it’s not profitable for us to get our own oil out of the ground. It’s no more complicated than that. Obama’s just there while it’s happening.

Thus, he might as well take credit for the sunset.

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1 thought on “Obama: You’re welcome for low gas prices!”

  1. My brother is an engineer and at this moment is in N. Dakota working for an oil and gas company. His job is in peril thanks to do-nothing Washington and their refusal to climb out of OPEC’s bed. As long as policy remains the same, our economy exists at the whim of the middle east.
    Believe me, somebody (a lot of somebodies) have large financial stakes and don’t dare risk them just so Americans have jobs and greater security. Our government is so dirty and dysfunctional now that I fear greatly for the future.

    Reply

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