Gasoline prices for February are the highest in HISTORY. They have risen 11% in the last two months nationally. They’ve risen 16% in the last 45 days in Los Angeles. They’ve risen 15% in the last 30 days in Chicago. You will hear Obama blather about U.S. energy independence and the miracle of shale oil. He will lie to you about the wonders of ethanol and electric cars. What you won’t hear is the truth. Peak cheap oil is a bitch. The remaining oil in the earth will be increasingly more expensive to extract. The price you pay at the pump will continue to rise. Bernanke’s money printing will make it worse. The government solution in Pennsylvania to the decrease in miles driven, which has decreased gasoline tax revenue, is to increase the gasoline tax by 25 cents. Brilliant!!!
Enjoy the show tonight, but get ready to have a gas nozzle stuck up your ass by Obama and his green energy bullshit. Keep deluding yourselves with visions of American energy independence as you pay more and more.