$5 Gas Predicted Under Obama -- What, No Pitchforks? - Larry Elder - Townhall Conservative: "Five dollars per gallon of gas by 2012! A former president of Shell Oil considers this likely. The average price on Christmas Day for a gallon of regular gas reached $3.28 in Los Angeles County, the highest price since October 2008. In one month, the price rose 13 cents, up 35 cents year to year.
Where are the calls to sic Obama's Justice Department on Big Oil to hold the oil companies accountable for 'market manipulation'? Why aren't we hunting down the amoral 'oil speculators' responsible for repealing the law of supply-and-demand in order to line their pockets?
During President George W. Bush's administration, we constantly heard demands to hold the President accountable for 'Big Oil's price gouging.' House Speaker Nancy Pelosi, D-Calif., just two years ago, knew exactly whom to blame for 'skyrocketing' oil prices: 'The price of oil is at the doorstep; $4-plus per gallon for oil is attributed to two oilmen in the White House and their protectors in the United States Senate.'"
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