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Monday, February 20, 2012

Domestic Production Eyed As Gas Prices Head Toward Record-Breaking Height

President Obama's re-elect team defended White House energy policy on Sunday as gas prices shoot toward the $4 mark and beyond, a level that could devastate voters' pocketbooks as well as Obama's chances for a second term.

Nationally, gas prices are $3.53 a gallon, up 25 cents since Jan. 1, and likely headed to $4.25 a gallon by late April. Republicans have demanded more oil production at home, as well as building the Keystone XL pipeline across the middle of the U.S. to allow oil from Canada to reach Texas refineries.

1 comment:

Anonymous said...

I work in the oil fields in North Dakota and oil production is growing every day yet our gasoline prices go up......love our government