Pfft. Ill show you why gas dropped approaching the 2008 elections, and then why it has been increasing. Remember 'speculators' ? You used to hate them at the DUmp around 2008, because they buy and sell commodities based upon what their pencil pushers believe the future will bring.
At one time, this was the likely future.
Drill baby, Drill !
Increased domestic energy production results in lower costs. - But you hated that, didn't you ? You DUmpster divers felt that a rapid increase in energy production costs would result in massive interest and development in alternative energy sources, resulting in a 'green' future -- so , you all backed this guy instead.
If somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them
You know, when I was asked earlier about the issue of coal, uh, you know — Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.
Now - you halfwits aren't intelligent enough to go into stock speculation - But I feel even the wisest members of DU can understand what is going on here - It has nothing to do with getting 'The black guy' out of office - It has everything to do with investing money and interests according to the policies that the current administration is pursuing. Obama has thwarted US energy production at every opportunity, and has increased the costs involved for existing producers - what did you expect the result is going to be ?
Obama told you idiots... read the quotes beneath the picture of dear leader above.
Edit: fixed picture link.
