Tuesday, July 03, 2012

Oil prices going up again, Obama drags feet on Alaska drilling

After falling for the last few months--although gasoline prices are still double what they were when Obama took office--they may be heading up again soon. For the first time in three weeks, oil is above $100 a barrel--because of concerns about the brutes in Iran.

In addition to blocking the construction of the jobs-creating Keystone XL pipeline, the anti-energy Obama administration is dragging its feet in regards to offshore drilling in Alaska. The president has already approved this plan. Meanwhile, approval of oil leases in the Beaufort Sea, which is off of Alaska's northern coast, have been delayed two years.

Drill in North America, drill now, pay less.

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