In 2008 gas prices were at their highest pushing five dollars a gallon. When Bush left office, the American citizens were excited to see that gas was down to 1.99 and lower. But now with all the unrest in the Middle East, especially with Libya, gas is sky rocketing. Prices in the state of Alabama is pushing 3.50 a gallon. In California it is over four dollars a gallon.
Reports are coming in that prices for a barrel is 107 dollars a gallon. The unrest in The Middle East is making an oil shortage. Libya is the third largest oil producer on the planet and if nobody gets nothing done over there, prices will skyrocket. Some are predicting that if Saudi Arabia goes, it will cripple the global economic recovery. Saudi Arabia is the world's largest oil producer.
My opinion is that I find major problems with this situation. My problem is that when gas started to rise, the media was dead silent about it. There was no bashing like you saw when Bush was in office. Weeks go by and still no report from the major media outlets, thinking like the Obama Administration is not responsible. Now the media is coming out reporting, and this what don't make any sense: they report about it but there is no negative feedback. CNN and MSNBC keep preaching about alternative energy since gas prices are going up like its good news. I remember a clip from youtube of Obama saying in 2008 that energy prices will skyrocket under my plan in quote. Don't worry, the media is not going to report that.
http://www.foxbusiness.com/markets/2011/03/07/eyeing-libya-crude-oil-nearly-hits-107-retreating/
Someone in the Obama administration must step to the forefront and take control of this situation. Not only has the Middle East affected the way we use gasoline but the media has also affected the way we hear and communicate about this situation. We as citizens are not warned but are caught off guard. For instance one day I filled up my tank at $2.75 a gallon and in the next 2 days gas had climbed to a outrageous $3.15 a gallon. I blame this on the media for not covering and informing of the rise and falls of the things that affect us.
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