Responding to these gas prices, today President Obama is going to: (a) cut the summer formulations, which will otherwise boost the price at the pump even higher, (b) announce a new slate of drilling permits in the Gulf, (c) approve the Keystone Pipeline, or (d) talk about increasing fuel efficiency standards.
If you chose (d), you know our do-nothing president (when it comes to oil prices) pretty well. I’d love to have a more fuel-efficient car, but, like many Americans, can’t afford one right now. Is Mr. Obama going to give me one? No, but he is increasing the taxpayer subsidy of the useless Chevy Volt (a car only rich people can afford). I’m willing to put up with his environmental nonsense one more summer if it will awaken the country to our desperate need for a new chief executive.