Gas prices and energy

I think this infographic the White House released shows exactly why increasing oil production and domestic drilling does not directly correlate to lowering gas prices. It also shows that under the Obama administration dependency on foreign oil has decreased while domestic production has increased. While some of that might not be strictly based on the policies of President Obama and have a little to do with policies of previous administrations, this administration has done a lot to increase production of all forms of energy including wind, solar, natural gas and oil.

It also shows what everybody should always keep in mind: we live in a global economy now so situations around the world, not just in our country, contribute to increased gas prices. Unfortunately the graphic does not show how Wall Street speculators drive up the prices as well, but that is probably because right now there is not significant movement on cracking down on those speculators. Overall, increasing prices happen every year and if any politician tells you they can instantly decrease prices, they are lying because there are too many factors that play a role.

Always keep that in mind and always remember: it's not the president's fault regardless of party!