I know we went down this road before but it is apparent it is going to be far worse this time. You can blame this surge in prices on Obama. Here's the proof. In a recent speech he said gas and oil production was at an all time high which is true then added because of his policies, that's a lie and he knows it. Gas and oil production was down on federal lands which controls, private and state lands production is up which he has no control over.
http://www.institutefore...federal-lands-in-fy2011/ It was the policies of Clinton and Bush that increased the production. It takes YEARS from the time a permit is issued before a well goes on line.
While Germany regulates their diesel at 50 ppm of sulpher our EPA under Obama has cut that to 15 ppm and is looking at 5 ppm. Refiners are currently at 3 ppm to avoid the heavy fines of cross contamination. That is why diesel is so expensive. It takes many more steps to refine it.
He is paying $10,000 to anyone buying an electric car. According to GM the average income of those buyers is $179,000. Need I mention the A123 battery company he gave millions to that is now belly up or the car company that got millions to build electric cars for us?
Wait there's more. He killed the XL pipeline which not only would have provided thousands of jobs at NO cost to the tax payer but increase the supply of oil. Didn't he once say he wanted higher gas prices but not this fast?
What he doesn't seem to get is this nation depends on trucks an any increase in their costs is passed on to the consumer which in turn kills jobs.
My question is how will it effect our industry? How many shows will go back to the Pot trailers? How many will use gasoline instead of diesel? How many will cut loads? And the big question, how will it effect midway grosses?
Gas in the DFW area is now about $3.58 and diesel over $4.00.
What was it when he took office?
I'm there, Old, Tired, Broke and Henpecked