Sorry for the lack of posts from me yesterday, but things were a bit crazy. President Obama uses his weekly address to talk about gas prices, some basic facts we should all agree on, and to argue for ending subsidies to oil companies.
Pay attention to the graphs and facts the president provides:
- Oil production is at an 8-year high.
- Gas consumption is going down
- In 2010, for the first time in years, America imported less than half of the oil it uses
- We have nearly quadrupled the number of oil rigs in use.
Ending oil company subsidies is one of those areas that you would think that liberals and conservatives could find agreement. After all, conservatives claim to believe that government should not be “choosing winners and losers” and that it shouldn’t interfere with the free market. Liberals think oil companies, the most profitable companies in the world, don’t need tax subsidies to continue making healthy profits. So what’s the problem?
Obviously, there’s a problem because of the Fundamental Laws of Modern Conservatism:
- Oppose whatever policy liberals (especially Obama) support today.
- Update daily.
At least they are consistent.