So Much for “Drill Baby Drill”
It seems market forces have decided that “Drill Baby Drill” is a mere catch phrase and nothing more. Just like “Keystone means more oil for the US” nonsense.
Oil is not a right-wing God’s gift. Oil is in fact nothing more than another commodity whose price, production quantity, and shipping means are determined by man’s market forces. Now it seems that profits for the already wealthy are again more important than providing cheap oil to the Fox News-watching middle class. Somehow I suspect Fox News and other right wing outlets will again try and blame Obama for gas prices remaining high despite the big oil corporations mothballing their rigs and refineries all by themselves. Reality and real world economic theory have little to no bearing on their mindset and dreams of a Libertarian Utopia where oil runs free in streams directly into a gasoline engine. Just blame the gub’ment and especially Obama. it’s worked for them in spades for 6 years..