I read today in the NY Times that the Republicans are planning to attack President Obama's oil and energy policies over the rising cost of gas at the pump.
Since 2005 the price of gas has varied almost entirely because of speculation. The ability of oil producing nations to increase production to meet price changes -- hit limits. Old fields take more work, more time, and more money to produce the same amount of oil, and new fields take a long time -- 10 years -- to bring production to market. The production limits are real, the speculation is often political, often whimsical or manipulative or both.
The part that I don't understand is why the President hasn't been called on his relentless and continuing apparent disregard for limits of law and the US Constitution on the authority of the office of President of the United States.
Why are the Republicans so reluctant to decry apparent disregard of required Senate oversight of important nominations, of manipulating or inventing Congressional recesses to "deam" recess appointments? What about carrying on implementation of ObamaCare after the law was ruled unconstitutional in Federal courts? What about unilaterally declaring CO2, a naturally occurring gas required for plants to grow, a hazardous waste in order to unilaterally, without Congressional oversight or concurrence, expand the powers of the EPA? What about continuing financial sleights of hand, forging on to increase the national debt in despite of Congressional mandates and discord?
What about disregard of bankruptcy law, in the gifting of GM to the labor unions while stealing the due possession of legitimate creditors and stock holders?
It seems to me that the Republicans, if they care about rebuilding a strong nation and strong economy, have a lot of important targets to aim at. Gas prices at this point are based on whim, not the physics of pumping a diminishing amount of oil from the ground.