It seems that the Obama administration is at it again, though this time it will hurt us down the road. (Not like we are already hurting; don't think we are? Look again at closed down stores in Jackson Crossing or Westwood Mall or even companies in town)
As usual our "wonderful" (I use that term very lightly) decided after the big BP spill to put more restrictions on oil wells and whatnot. Not entirely surprised and somewhat an expected move.
Here's the kicker: due to the new restrictions (and more to come!) oil wells might take even longer to kick back into production mode.
Anyone with any sense of economics and basic supply and demand knows that this scenario is going to cause major trouble.
Here's my solution President Obama and those in Washington, D.C.
Let the wells get moving and pumping oil.
After the wells have been going for 1 month, then start working on safety issues if necessary.
That would allow the wells to kick out more supply, meets with the high demand considering winter is coming, and our gas prices go down slightly.
Anybody have any issue with this idea?
If so, drop me a line or let me know. :)
