Russ Steele
With the price of crude going sideways, the local fuel prices are mirroring similar stability. It would be nice if the price of fuel would go down, but most likely not going to happen on the Obama’s watch.
According to a recent Heritage Foundation Report, “if the President was serious about bringing down the cost of gas, he would instruct his Administration to reduce the bureaucratic red tape on energy projects in the Gulf of Mexico. A new report from Greater New Orleans Inc.revealed that the issuance of drilling permits is down 71 percent compared to the monthly average over the past three years. … Worse still is the news that the Department of the Interior might let hundreds of Gulf of Mexico drilling leases expire, costing jobs and further decreasing production.
In other words, the president made choice after choice that hampered the ability of domestic oil producers to do what they do best — produce oil.”
