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Picture 2

Dec 22, 2014

Liberals Take Undeserved Credit for Cheap Oil

Liberals are trying to take credit for falling oil and natural gas prices, which is ludicrous.  Fracking in the US and Saudi Arabian oil production policy are the main causes of big moves in energy prices.  The initial falling prices of oil and natural gas came from fracking, which Liberals strongly oppose and have outlawed in New York and California. If the Keystone Pipeline had been built and if it was legal to export crude oil from the US, the price of oil would be even lower. Liberals oppose both of those actions in the name of preventing global warming. The other contributing factor to crashing oil prices is Saudi Arabia's conclusion that the Chicago Machine Prodigy in Chief will not stop the Iranians from building nuclear weapons. They decided to maintain Saudi oil production at current levels to crash the price and bankrupt the Iranian mullahs. For the Saudis, damage to Russia was a nice side benefit, as the Russians sell weapons and reactors to Iran. Which of these actions did our Dear Leader have any positive contribution towards? I grant that the "Reset" with Russia and the endless nuclear negotiations with Iran caused the Saudis to conclude they had to act alone. Do you think that was the intended consequence when the Smartest President Ever made those moves?