Gas price in Jan 2009 was $1.81. Now in Dec 2010 pricing is around $2.89 ($2.99 in FL). This administration has failed us in so many ways. We have high unemployment, a recessive economy, housing foreclosures and soon to have skyrocketing energy pricing and all we get are more regulation limiting access to energy that this country so gravely needs.
Gas prices have risen $1 since just after President Obama took office in January 2009 and are now closing in on the $3 mark, prompting an evaluation of the administration's energy record and calls for the White House to open more U.S. land for oil exploration.
Gas prices have been on a roller-coaster ride over the past decade, dropping to near $1 after President George W. Bush's first year in office, crossing the $2 mark in 2005 and reaching $4 in June 2008 before Congress and Mr. Bush took action, lifting presidential and congressionally imposed moratoriums on expanding offshore drilling on the Outer Continental Shelf.
"The reason that it dropped is because the U.S. sent a signal to the markets, by dropping the moratoria, that we're going to drill on our lands. Obviously, we never followed up, and thus you see the crisis gradually rising," said Rep. Doc Hastings of Washington, the ranking Republican on the Natural Resources Committee.
http://www.washingtontimes.com/news/2010/mar/25/gas-up-1-on-obamas-watch/?page=2
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