"We send a billion dollars to foreign nations every single day and we are melting the polar ice caps in the bargain,That has to change."
-Barack Obama 2008
"In ten years, we can reduce our dependence so that we no longer have to import oil from the Middle East or Venezuela. Number one, we need to expand domestic production."
-Barack Obama 2008
"Weaning the country from imported oil would require tough decisions about opening new offshore areas for oil and gas development."
-Barack Obama 2010
"The administration will not allow offshore oil drilling in the eastern Gulf of Mexico or off the Atlantic and Pacific coasts as part of the next five-year drilling plan.
- Interior Secretary Ken Salazar (2010)
National average gas price 2009 - $2.67 a gal. National average gas price 2010 - $2.67 a gal. National average gas price 2011 - $3.28 a gal.
"More than two months after the Obama administration lifted its ban on drilling in the deep-water Gulf of Mexico, oil companies are still waiting for approval to drill the first new oil well there. Experts now expect the wait to continue until the second half of 2011, and perhaps into 2012. Offshore oil production will fall 13% this year from 2010 due to the moratorium and the slow return to drilling: a loss of about 220,000 barrels of oil a day." - Energy Information Administration
Can you say $4.00 a gallon by May?
Don Cardi
Five - ten years from now, they're gonna wish there was American Cosa Nostra. Five - ten years from now, they're gonna miss John Gotti.
