Can’t beat economic laws…

Fox News has an article titled “Dems change tune after mocking GOP for ‘drill, baby, drill’” and the fact that the democrats were wrong again.

Back when gas topped $4 a gallon, Republicans chanted “drill, baby, drill” at rallies across the country — arguing more domestic drilling would increase supplies, reduce dependence on foreign oil and boost the U.S. economy.

Democrats, almost universally, mocked the GOP plan. In 2012, President Obama called it “a slogan, a gimmick, and a bumper sticker … not a strategy.”

“They were waving their three-point plans for $2-a-gallon gas,” Obama told a laughing audience during an energy speech in Washington. “You remember that? Drill, baby, drill. We were going through all that. And none of it was really going to do anything to solve the problem.”

“‘Drill, baby, drill’ won’t lower gas prices today or tomorrow,” Rep. Janice Hahn, D-Calif., echoed on the floor of Congress in 2012. “But it will fuel our addiction to fossil fuel.”

Today, Democrats are singing a different tune, as increased domestic drilling has led to a record supply of domestic crude, put some $100 billion into the pockets of U.S. consumers and sent world oil prices tumbling.

The price of a gallon of regular gasoline on Monday was $2.13 nationwide, and below $2 in 18 states.

The donkeys fought the law of supply and demand, and the law won….

Comments are closed.

  1. InsipiD

    How was domestic supply going to increase any other way? I guess up is down to you, though.

    You can keep your media stories about how bad cheap gas is for the economy, too.

    Thumb up 5

  2. InsipiD

    Actually, you definitely shouldn’t have posted that link. You don’t want someone taking that transcript apart. Nearly everything he stated as fact isn’t true, and every prediction he made was wrong.

    Thumb up 6

  3. CM

    I just thought it was interesting that the quotes used were actually in a speech calling for greater domestic supply. I bet nobody reading those quotes realises that. Of course it was fundamentally about a wider long-term strategy, rather than getting cheap oil in a couple of years.
    But those are certainly excellent quotes to be throwing back in the faces of the Democrats.

    Thumb up 0

  4. AlexInCT *

    I just thought it was interesting that the quotes used were actually in a speech calling for greater domestic supply. I bet nobody reading those quotes realises that.

    So is your point that Obama has talking out of both sides of his mouth? Because the speeches he actually acted on were the ones where he said he planned to destroy the brown energy, and especially the coal industry, so he could force us all to accept and shell out a ton of tax payer money for his concept of the green agenda (the one that enriched a lot of well-connected democrat donors but produced not an iota of anything else promised). That the US is finally drilling domestically and now an oil exporter happened despite anything Obama and the left said or did, and that’s a fact. These people have only worked to make it as hard as possible for the US to address its energy needs in a realistic way. It’s a kudos moment to the American “Can do” spirit that they managed to make this work despite the overwhelming opposition.

    Thumb up 2