Obama Admin Might Block Expanded Offshore Drilling and Shale-Oil Exploration

Not unexpected, but if they keep on this course, it spells big trouble for the economy. Is it that they WANT oil prices to go up again, spurring the strained consumers to call for "government" solutions to the "market problem" that isn't such? Will this be used as a lever to push the justification of "alternative fuel funding"?

 

We'll see...

 

http://in.reuters.com/article/oilRpt/idINWBT01046020090121