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May 14, 2008

WHY ARE OIL PRICES RISING?

Since I'm Economics 101 challenged I do not know why prices continue to skyrocket. But a few pundits like Gateway Pundit put forth a few reasonable questions today concerning the matter:

Over the past 30 years:

Which party blocked the development of new sources of petroleum?-- Democrat
Which party blocked drilling in ANWR?-- Democrat
Which party blocked drilling off the coast of Florida?-- Democrat
Which party blocked drilling off of the east coast?-- Democrat
Which party blocked drilling off of the west coast?-- Democrat
Which party blocked drilling off the Alaskan coast?-- Democrat
Which party blocked building oil refineries?-- Democrat
Which party blocked clean nuclear energy production?-- Democrat
Which party blocked clean coal production?-- Democrat

Read the rest of the analysis here.


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