The public understands Obama isnt to blame for high gasoline prices, as recent polls make clear. Even the Wall Street Journal and Cato Institute agree: Its not Obamas fault that crude oil prices have increased.
The Times put together some great charts using EIA data. They make clear 1) oil prices are set on a global market and 2) the strategy of Drill, Baby, Drill adopted by the GOP and President Obama has succeeded at increasing production and decreasing dependency on foreign oil but it has unsurprisingly failed at affecting global markets.
Join the discussion below, or Read more at globalpublicsquare.blogs.cnn.com.
#21 Mar 25, 2012
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