Friday, March 06, 2015
Back when gas topped $4 a gallon, Republicans chanted “drill, baby, drill” at rallies across the country — arguing more domestic drilling would increase supplies, reduce dependence on foreign oil and boost the U.S. economy. Democrats, almost universally, mocked the GOP plan. In 2012, President Obama called it “a slogan, a gimmick, and a bumper sticker … not a strategy.”“They were waving their three-point plans for $2-a-gallon gas,” Obama told a laughing audience during an energy speech in Washington. “You remember that? Drill, baby, drill. We were going through all that. And none of it was really going to do anything to solve the problem.”Today, Democrats are singing a different tune, as increased domestic drilling has led to a record supply of domestic crude, put some $100 billion into the pockets of U.S. consumers and sent world oil prices tumbling. The price of a gallon of regular gasoline on Monday was $2.13 nationwide, and below $2 in 18 states.
Hope-N-Change was a meaningless slogan. Obama is either clueless or working deliberate destruction ... possibly both. But "Drill, baby, drill" worked despite Democrat efforts to stop it and the price of oil has collapsed. Thank you Sarah Palin.