Well somebody put together a nice piece that details exactly how Barack Obama is no friend to the worker.
ou ask what precedent the administration is setting by tapping the Strategic Petroleum Reserve for only the third time in our nation's history? I'll tell you. They are setting a precedent as easily the most blatantly political administration ever in American history.
I'll offer just a few examples of the evidence:
1. This is the administration with a publicly stated objective to "boost the price of gasoline to the levels in Europe."
2. This is the administration that cancelled existing leases on millions of acres of federal land and banned development in vast amounts of reserves both on and off-shore.
3. This is the administration that was ordered by a federal court to lift an ill-conceived moratorium on drilling in the gulf, and then was found in contempt with a "determined disregard" of the court's ruling to start issuing permits.
4. This is the administration that turned "a regulatory firehose" on US business and the energy industry in particular with 29 new major regulations and 172 major policy rules finalized or proposed in its first 22 months.
5. This is the administration who lied to congress in March, 2011 by claiming production in the gulf "remained at an all-time high, and we expect that it will continue." However the Government's own Energy Information Agency had already reported a decline of 300,000 bpd in the first year following the administration's gulf moratorium fiasco and projected a total decline in production of 35% by late summer, 2012.
6. This is the administration whose policies have caused revenues from onshore oil and gas leasing in Colorado, Montana, New Mexico, Utah and Wyoming to plunge more than 80%, and total acreage leased to shrink to the lowest level ever.
7. This is the administration that Steve Forbes correctly labeled as having the "most anti-oil and gas record in U.S. history."
8. This is the administration that promised that energy cost would "skyrocket" under their plan of onerous regulation.
And, now having waged war on the energy industry and American consumer's wallets for more than two years; that is exactly what has happened. Despite some recent relief, prices for gasoline are almost double what they were when Obama took office, and due to new regulations being imposed by the Obama Administration, analysts are warning that electricity rates could jump 40-60% over the next few years. Got to love that hope and change. Our very own President throwing the average Joe/Jane under the bus all the while playing the class warfare card at every opportunity. And people have the unmitigated gall to attack Michele Bachmann over a few hundred thousand in legal farm subsidies? Anyone care to hazard a guess at what the near doubling of gas prices have cost the average worker Obama purports to be the friend of? I could be wrong but I'm pretty certain it's more than $259,000.
The crisis that prompted Barack Obama to tap the Strategic Petroleum Reserve didn't come from a foreign enemy or a natural disaster, as was the case the only two other times that the SPR has been drained. This was entirely a crisis of Obama's own making. It even has a name – "Operation Re-Election."
I'll catch ya later, the Lady Baretta needs to be cleaned and I haven't read the bible yet. Plus after reading about Obama I feel like I need a shower to wash away the slime.
