Since Jan. 1, the price of gas has soared 45 cents a gallon – the highest on record for this time of year. AAA reported last week that the national average of unleaded gasoline climbed from Tuesday’s $3.71 per gallon to Friday’s $3.73 per gallon, and then up again to $3.76 per gallon just over the weekend – the 25th straight increase in the past month.
According to the Associated Press, the nationwide price of gas is expected to reach $4.25 by the end of April. But many cities across the nation don’t have to wait for April showers to bring May’s misfortunes.
Consider in just these few cities what gas prices are right now:
Los Angeles, Calif. – 4.33
San Francisco, Calif. – 4.35
Honolulu, Hawaii – 4.20
Anchorage, Alaska – 3.99
New York City, N.Y. – 3.99
Medford, Ore. – 3.98
Seattle, Wash. – 3.96
Bridgeport, Conn. – 3.96
In my wife, Gena’s, hometown in California, gas price is already a staggering $4.40 a gallon for regular. And if you have a truck that runs on diesel, you’ll pay $4.60 per gallon!
(By the way, the average price for regular gas when President Obama took office in January 2009 was $1.79. But who’s counting?)
And the reason for soaring gas prices?
According to the Christian Science Monitor, instead of admitting to a string of mea culpas, President Obama is “blaming recent increases [in price at the pump] on a mix of factors beyond his control, including tensions with Iran, hot demand from China, India and other emerging economies, and Wall Street speculators taking advantage of the uncertainty.”
Reneging responsibility? What a novel concept in Washington.
Even Obama’s Democrat cronies and the mainstream media minions are trying to come to his aid by saying that the rise in gas prices are “really complicated” with “no one person … to blame for pricing.”
Yet, Forbes ran two recent articles: one that showed why the “primary reason” for spike in oil prices is because “the dollar has lost value,” with the other revealing that “the Fed has announced an explicit goal to devalue the dollar by 33 percent over the next 20 years.”
But the Obama administration doesn’t bear any responsibility for the spike of gas prices?
This administration is a crashing currency culprit via its disastrous recovery plan, borrowing astronomical amounts of money from countries to which we are already in vassalage relationships (like China), bailing out corporations that should have gone bankrupt, bamboozling the American public with Obamacare and placing our posterity in bondage with more than $15 trillion in national debt.
And what about President Obama’s further oil restrictions, regulations and intentional avoidances to increase petroleum production and supplies here in the U.S.?
The fact is, as U.S. News and World Report noted, “even tiny disruptions to supply can cause a spike in prices when consumers fill their gas tanks.”
Secretary of the Department of Energy Stephen Chu confessed in February 2011 to Chris Wallace, host of Fox News Sunday, “The price of gasoline over the long haul should be expected to go up just because of supply and demand issues.”
So, therefore, couldn’t the price likewise go down if U.S. production were increased?
Economic experts know that if President Obama and his administration increased offshore drilling, tapped the shale reservoirs, opened the Keystone XL Pipeline (to deliver oil from the tar sands of Canada to refineries in Houston, Texas), supported increased exploration of natural gas, told the Iranians to take a flying leap across the Strait of Hormuz, released the U.S. Strategic Petroleum Reserve stored in salt caverns along the Gulf Coast (as even congressional Democrats have advocated) or any combination of just three of the above, gas prices would drop significantly.
In November 2011, Bloomberg’s Business Week reported, “Unlocking vast reserves of shale gas (petroleum-like liquids that are extracted from sedimentary rocks when heated) could solve the energy crisis, the jobs crisis, and the deficit.”
Proof again came just last Tuesday when a three-university study revealed that drilling for natural gas into Ohio’s Utica shale alone will create more than 65,000 jobs and $9.6 billion of related economic development by 2014, according to the Akron Beacon Journal.
Increasing U.S. petroleum-based energy production (not restricting and reducing it, as Obama’s administration has done) is key not only in lowering our gas prices but also in restoring our economy. And that is exactly what former Speaker of the House and GOP presidential candidate Newt Gingrich is proposing.
Newt unveiled his new multifaceted energy and economy building plan with these words:
And it comes down to a simple idea: What if we had a program that enabled the American people to develop so much new energy that we were, in fact, no longer reliant on Saudi Arabia, Iraq, Iran. We didn’t care what the Iranians did in the Strait of Hormuz because we were safe, in national security terms.
What if that new energy program created well over a million new jobs, high paying jobs, jobs that put Americans back to work and kept the money here at home that we had been sending overseas, giving us a dramatic improvement in our balance of payments, strengthening the dollar and giving us a chance to live much freer and more independently?
What if that very idea also meant that we’d have dramatic increases in federal revenue in the government without a tax increase but that, in fact, the federal government would have literally an entire new stream of money?
And finally, what if that big new idea meant that you personally were better off because you are buying gasoline for $2.50 a gallon, not for $3.89 or $4, as what some people project by the summer could be $5 or more?
Gingrich’s plan? It is the polar opposite of Obama’s: Newt is ready on Day 1 of his presidency to begin to implement his plan to expand leasing of federal lands for oil and gas development, tap shale reservoirs, start building the Keystone XL Pipeline, condense regulations to make it easier for companies to build new extraction sites, replace the EPA with a new, economically rational Environmental Solutions Agency and, as a result of these bold solutions, end our dependency on foreign oil, reduce the costs of gas (to $2.50 per gallon), increase millions of domestic American jobs and bring in billions of dollars of new revenue for the U.S. by becoming one of the largest global exporting sources for various fuels.
You can review many more details of Newt’s energy, economy and job-building plan at Newt.org, by watching his 30-minute TV address that runs in Super Tuesday states.
Since Newt unveiled his plan, its popularity has spread far and wide across the country. It even caught the attention of President Obama, who tried to minimize Newt’s energy strategy with his typical deflective rhetoric: “It’s easy to make phony promises.”
Obama went public not only to mock Newt but the entire viable solution of drilling for any fuels: “You can bet that since it’s an election year, they’re already dusting off their three-point plans for $2 gas. I’ll save you the suspense: Step one is drill, step two is drill and step three is keep drilling.”
Newt’s plan is far more than just drilling (though it includes that, too), as anyone can review. It is a comprehensive strategy to lower gas prices, increase jobs and build up our economy – all at the same time.
I believe what we need this week of Super Tuesday is a super energy solution, and only Newt has the bold solutions that will actually change Washington, restore our republic and offer us economic answers that can even lower gas to $2.50 a gallon.
Don’t misunderstand me.
By endorsing Newt and his strategy, I’m not saying that I agree with every decision Newt has ever made in his past (because I don’t). As conservative columnist Thomas Sowell (who is also a big Newt supporter and advocate) said last week, “Does Gingrich have political ‘baggage’? More than you could carry on a commercial airliner.”
But Sowell and I (and many other conservatives like former GOP presidential candidates Gov. Rick Perry and Herman Cain) also believe that Newt’s the only real Reagan conservative left on the battlefield who has the experience, strategy and staying power to bring real change to Washington.
If you are ready for that real change, if you want to stabilize our economy, restore our republic and lower gas prices simultaneously, then shout it to Washington and the nation: “Get off your gas, drill and vote!”
(Next week in Part 2, I’ll give further evidence for how the Obama administration is covering up the real reason it is not intervening while Americans are being gouged at the pump.)
Chuck Norris is the star of more than 20 films and the long-running TV series "Walker, Texas Ranger." His latest book is entitled The Official Chuck Norris Fact Book." Learn more about his life and ministry at his official website, ChuckNorris.com.