So says Richard T. Rahn, here:
The Obama administration’s policies are causing Americans to pay far more for gasoline and other fuels than necessary. America is awash in fossil-fuel energy sources with almost 30 percent of the world’s coal and 80 percent of the world’s oil shale - which contains an estimated three times the recoverable oil reserves of Saudi Arabia. ...
The United States should be an energy exporter. ...
The Obama administration has a hatred of fossil fuels and is determined to reduce their use despite the economic damage. ...
[T]he Obama administration has stopped the new oil-production process in the Gulf of Mexico, even in the face of a court order requiring it to issue permits. The administration, through executive orders, has denied oil and gas producers access to millions of acres where large deposits of oil and gas are known to exist. The administration also is holding up permits for many new power plants, pipelines and industrial plants, all of which are costing Americans jobs and driving businesses to other countries.
