Tuesday, February 28, 2012

Obama's Re-election and Energy

While some among Washington Circles boast the electability of Obama given economic improvements, others such as Dick Morris presents a substantial interpretation of recent polling trends.

Much of what Dick Morris claims rings of truth. Adding to his analysis of course, is the looming state of energy come 2012. As predicted in prior observations, gas prices have once again become politically relevant. Gas stands at an average of $3.79 as of the end of February, with no "silver bullet" to fix it for the Obama Administration.

Predictably, speculators and oil companies shall be the usual scapegoats of the left. Investigations for price fixing shall be launched as democrats continue to mock the "simplistic" notion of drilling on American Soil.

Given the abundant resources available in North America; now with an overwhelming support that drilling should be done, its unlikely that such tactics will be enough to save the incumbent administration. Especially fused with continued disapproval on the economy overall; stubbornly remaining at around 60% even in light of recent "improvements."

With Gas Prices set to reach painfully record highs, it would not be unsurprising if even deep blue states were at play. Areas in California have already broken the $5.00 mark in light of recent fears in the middle east.

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