Ed Driscoll

By Ed Driscoll

Bio

Get Updates From Ed Driscoll

Four Dollar a Gallon Gas? It’s a Reality in California Already

February 23, 2011 - 7:55 am - by Ed Driscoll

At least for premium. Regular’s around $3.40 to $3.50 in my neck of the woods in Northern California. (Thank God for telecommuting.) But as Richard Pollock writes at the Tatler:

OK, so world oil prices are spiking as Mummar Qaddafi goes on a shooting spree against his own citizens. Traders are now talking about $4 gasoline at the pump.

That could look cheap a year from now.  And it won’t only be because of deranged lunatics in the Middle East.

Advertisement

Last summer former Shell CEO John Hofmeister predicted that President Obama’s drilling moratorium alone could result in $5 gallon gas for American consumers.

“Politics is destroying our own domestic oil industry,” Hofmeister told CNBC.

Want to see a real political crisis for President Obama?  Just wait until prices are screaming at the pump.

As Red State notes, “Obama’s assault on our domestic energy now a 4-alarm fire.” But voters can’t say they weren’t warned; high energy prices were what Obama publicly wished for on the campaign trail in 2008, in order to force his much-vaunted “change:”

embedded by Embedded Video

YouTube Direkt

embedded by Embedded Video

YouTube Direkt

embedded by Embedded Video

YouTube Direkt

It will be interesting to watch the MSM’s reaction if prices continue at their current highs; they were screaming for higher gasoline prices themselves (as long as the hike was in the form of additional taxes for DC) when gasoline prices cratered in the last weeks of President Bush’s administration.

Filed under: Capitalism, the Unknown Ideal, Liberal Fascism, The Assault On Reason, The Future and its Enemies, The Making of the President, The Memory Hole, The New Puritans

PJ Media appreciates your comments that abide by the following guidelines:

1. Avoid profanities or foul language unless it is contained in a necessary quote or is relevant to the comment.

2. Stay on topic.

3. Disagree, but avoid ad hominem attacks.

4. Threats are treated seriously and reported to law enforcement.

5. Spam and advertising are not permitted in the comments area.

These guidelines are very general and cannot cover every possible situation. Please don't assume that PJ Media management agrees with or otherwise endorses any particular comment. We reserve the right to filter or delete comments or to deny posting privileges entirely at our discretion. Please note that comments are reviewed by the editorial staff and may not be posted immediately. If you feel your comment was filtered inappropriately, please email us at story@pjmedia.com.

2 Comments, 2 Threads, 4 Trackbacks

  1. 1. Buck O'Fama

    Yeah, I’m sure this will be all the evil oil companies’ fault (nothing is EVER politicians’ fault.) The nerve of them – investing millions of dollars to build platforms out at sea so folks can risk their lives to find this stuff – and they have the nerve to charge MONEY for it!

    February 23, 2011 - 4:24 pm   Link to this Comment
  2. 2. Lightnin' Hopkins

    It’s getting expensive filling up the Hot Rod Lincoln but at least the “uncertainty” of the Hopenchange and its effect on the business of America has been laid to rest.

    Chaos. The forecast calls for chaos.

    February 23, 2011 - 8:23 pm   Link to this Comment