Monday, March 10, 2008

$108 per Barrel: Where's Wolf?

Oil prices hit $108 per barrel today, with no end in sight to further increases. Already, people are talking about $3.50 or even $4.00 per gallon gasoline this summer. Where's Frank Wolf in all this? Well, let's see...he voted against renewable energy, including against the Creating Long-Term Energy Alternatives for the Nation Act. He voted against measures to reduce our nation’s dependency on foreign oil.

Oh yeah, let's not forget one more factor in the skyrocketing cost of oil -- the weak dollar, caused in large part by our enormous budget and trade deficits, plus the Federal Reserve's interest rate cuts to try to keep us out of a bad recession. All that's in large part the result of Bush-o-nomics, which Frank Wolf has steadfastly supported.

The point is, whether it's energy or the economy, Frank Wolf totally doesn't get it and he certainly hasn't been leading. Does anyone think he'll start doing so anytime soon? Right, I didn't think so.

No comments: