Obama Wanted Higher Gasoline Prices?
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03/29/2013 07:09 AM
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There is plenty of oil.
The main reason for increased gasoline prices is the lack of refining capacity thanks in large part to the EPA and the large oil companies who lobbied them to have stricter regulations placed on refiners putting many of the smaller refiners out of business.
It's called eliminating competition through regulation.
It's what always happens when the government meddles in the free market, higher prices.
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|Related Topics: Barack Obama (US Politics) - Commodities (Economy) - View ALL Economic Threads (Economy)|