Since 1973 the US government has been holding Congressional hearings on gasoline prices. Year after year, decade after decade the government and the compliant media have pointed figures at the oil industry for manipulating prices.
Now prices are dropping and there is silence. Silence from Washington DC and no big stories on the nightly news.
Obama has blown billions on bad investments for alternative energy with little, if any, impact. There is a war raging in the Middle East. When that has happened in the past, energy prices have skyrocketed. What’s different now?
Simple. Those evil oil companies have made the USA the largest oil-producing country in the world. We are no longer hostage to the Middle East and their constant wars. The technologies developed by the oil industry, without a dime from our government, have fracked us to this point. On private lands, since the president, who won’t reduce prices further with a Keystone Pipeline, is not leasing public land(your land) for drilling.
Key. This was done despite our government, not in cooperation with our government. A government that preaches climate change daily despite mounting evidence that the models that supposedly confirm that change are consistently wrong.
Who has been good for the US energy situation through the years? The government that has told you they will fix the problem with endless hearings and billions blown on lost causes, or private industry that found a way to deal with the government regulations, developed new technologies, took big financial risks, and fixed the problem.
There’s a lesson here for all of us. This country became great because of individual initiative, not big government. Yet we still buy the propaganda that government is the answer.