Wasnt this a missed opportunity to clarify oil and banking efforts to dissuade the necessary transition to renewable energy? Oil speculators (gamblers) are bidding up the price, oil companies make better profits amd the public is afraid to deal with the real long term issue - time to get off fossil fuels.
Instead my favorite President of all times is defending our plans to step up domestic production...
I really hope that Obama has the audacity to fight big banks, big oil, corporate welfare, guns, military spending, and ending drug prohibition in his 2nd term.
1:37 p.m. | Updated President Obama on Friday rejected criticism from Republicans that his administration was blocking domestic oil production and said his government was prepared to encourage new drilling in the face of rising gas prices.
Obama Rejects Republican Criticism on Energy