Apr 24, 2014
brerrabbiTX - The President can restrict/reduce oil drilling leases/permits, reducing the supply of oil, which causes prices of gasoline to increase. The President, "with a pen and a phone", can force oil companies to pay more in taxes, which thus raises the price of gasoline. The President can also lobby to increase federal fuel taxes, essentially forcing consumers to pay more for gasoline. Obama has already done most of this and more, which is intentionally driving the prices of gasoline up. The Obama administration has stated that they *want* fuel prices in the U.S. to be over $8 per gallon, as they are in Europe. When fuel prices increase, the price we pay for virtually all other products also increases, causes increased unemployment, widespread suffering and is generally horrible for the economy.
Pay attention to whom you vote for. Elections have consequences.