Joe Biden is pressed by a reporter about rising gas prices under the Obama administration, he says their energy policy is the best.
According to Joe Biden, gasoline prices are being driven up due to:
- the Arab Spring
- saber rattling against Iran
- speculators investing in the market
And he goes on to take credit for the increase in drilling.
The administration loves to take credit for all of the drilling going on in America despite the fact that the drilling is on private land. What about public land?
Regardless of how gas prices are going up, more domestic production of oil would help out trade deficit. It would bring more money into the United States! Imagine the growth potential that we could have in this country if we drilled more of our own oil.