Bush showed how to lower price of oil

Mark Tapscott:

...
...  Notice what happened on July 14, 2008? Oil prices suddenly plummeted from their historic high of $145 a barrel. Why?

Because that was the day President George W. Bush signed an executive order lifting the moratorium on off-shore drilling in the eastern half of the Gulf of Mexico and off the U.S. Atlantic and Pacific coasts. Overnight, the price per barrel of oil plunged, and that plunge was reflected at the pump soon thereafter.

...
So why does Obama and his energy team persist in saying that little can be done about the price of oil and gas. The answer has to be that they want the cost to be high to push their carbon phobia based agenda, and to make the less efficient alternative energy they support look more competitively priced.
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