Now that the price of a barrel of oil went up more than $5 surpassing $100 a barrel because of revolution in Egypt and the rest of the Middle East, it is likely that our economic recession will just become greater with inflation. With the price of gas headed to $5 per gallon, you can count on the price of nearly everything else going up, too.
Oil companies and speculators are most certainly not to blame for raising prices when imported oil is at risk. Blame the liberal Obama administration and the environmental zealots for freezing and reducing domestic oil exploration and production. That's why our dependence on imported oil is so high, and our national security is now also a lot more at risk
The push for costly and unreliable green energy is a joke and will now only encourage the forthcoming energy crisis, Anybody with good common sense should know that It takes close to 10 years to bring new off-shore and on-land wells and more refineries into full production. Failure to start now will be cause an economic crisis such as this country has never seen and the Obama administration is to blame for this debacle.
Al Eisner, Silver Spring