Monday, November 10, 2008

Remember those high gas price...they may be back...

According to President Elect Barack Obama's transition chief, John Podesta, we may witness our next President use his "executive order" power soon after being sworn in.

The majority of Americans supported George W. Bush in his lifting of the ban on offshore drilling. It seems that there may be plans to put that ban back in place under an Obama Administration. George W. Bush lifted the ban, prices began to come down. If Barack Obama does what his transition chief John Podesta says, be prepared to pay higher gas prices.

But this falls in line with the Obama kind of change. If we go back in time, he did say that he would have preferred a "gradual adjustment". Here is a video of that moment...

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