Thursday, June 23, 2011

Obama was against tapping the Strategic Oil Reserve before he was for it. (FAIL from 2008!)

Obama was against tapping the Strategic Oil Reserve before he was for it. (FAIL from 2008!): "Obama changed his position to protect Nancy Pelosi, who demanded a release from the SPR rather than allowing a debate and a vote on the House floor on increased domestic drilling. However, a release from the SPR would only provide momentary relief and do nothing to resolve the underlying issue of higher gas prices — a supply shortage on the world markets. Eventually, the US would have to refill the SPR, increasing demand which, without any increase in supply, would drive prices up even farther than they are now.

Obama used to have the intelligence to understand this. Now he’s too desperate to care."

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