Not only has Obama flipped on offshore drilling within the past few days now he's shifted his position on releasing the national oil reserves. He wants to release about 70 million barrels of oil. His reasoning is because Americans are hurting at the pump. But when Hillary called for a gas tax holiday he blasted it as a gimmick and gas prices were pretty high back then as well. In fact his shift comes at an odd time. Today's barrel of oil is selling for about $118, that's $25 less than just a few weeks ago. Gas prices are falling and Obama now decides to shift positions. It appears he's always behind the curve.
Speaker Nancy Pelosi has for weeks supported releasing the reserves and she's been vehemently against offshore drilling. So it was no surprise when she sent the representatives on recess without a vote on drilling. What was a surprise, and I think a surprise to Pelosi herself, was the next day Obama flipped on offshore drilling. Since then Pelosi's anti-offshore drilling rhetoric has been toned down and now Obama suddenly supports releasing the reserves.
It's obvious Pelosi was not happy that Obama flipped without at least informing her first. To make up for it he agreed to support her foolhardy plan of releasing our emergency stockpile.
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