When Cuba Say They Will Drill Oil in the Gulf They Meant the Chinese

Everybody is drilling in the Gulf except for us. Price of oil skyrocketed this past week and Obama isn't doing anything about it. Telling us to trade in our car and buy a Chevy Volt is not very constructive.

Rush says when Cuba will drill off the Gulf, he meant the Chinese will drill in the Gulf

Story #8: Cuba to Drill 5 New Deepwater Oil Wells in Gulf

RUSH: "Cuba on Tuesday announced plans to drill five deepwater oil wells in the Gulf of Mexico beginning this summer, expressing confidence that its efforts will be rewarded with major new energy finds. 'We're about to move to the drilling phase,' said Manuel Marrero, an official with the government authority tasked with overseeing Cuba's oil sector." Now, we all know, everybody knows that Cuba does not have a drill. Cuba does not have a single thing. They barely have any dipsticks left to check the oil in the '57 Chevies that are sitting on the road blocks on the sides of the road in Havana. So who's actually drilling? Who's actually gonna be in partnership with Havana? It will be the ChiComs. So when it says here Cuba to drill five new oil wells, that's gonna be the ChiComs helping out. And you might have Hugo Chavez in there a bit. I mean Hugo Chavez is a big, big buddy with Fidel Castro.

Gasoline up 100 percent under Obama

Prepare to see a huge revolt by the American people with these absurd gas prices...

(Washington Times) Feeling pain at the pump? Gas prices have doubled since Mr. Obama took office. According to the GasBuddy gasoline price tracking web site, the price of a gallon of regular gas was around $1.79 when Mr. Obama took office. Today the national average is $3.58. The lowest average price in the continental United States is $3.31 in Tulsa Oklahoma, the highest is $4.14 in Santa Barbara, CA. Four-dollar-a-gallon gas has arrived on average throughout California, and a number of other states are headed in that direction.

Consumer price index (CPI) figures from February show an unadjusted 12 month gasoline inflation rate of 19.2%, but in the last month alone prices jumped 6.8%, probably because of oil price increases due to instabilities in the Middle East. If the trend continues, gas prices would double again within a year. 100% gasoline price inflation is nothing to brag about, but imagine Mr. Obama going into the 2012 election having to explain why gas costs $7.00 a gallon. I'm sure the White House would spin it as one of their "Green" initiatives.

Gas Prices Up 33 cents in Two Weeks

Come on guys! It is possible to be in denial supporting Obama, but the high gas prices could be fixed by the president very easily. We are reaching a breaking point. We are close to the $4.00 threshold. Are you fed up yet?

(CNN) -- U.S. gasoline prices increased nearly 33 cents in two weeks, the second-biggest two-week jump in the history of the gasoline market, according to a new survey of filling stations.

The latest Lundberg Survey of cities in the continental United States was conducted Friday. It showed the national average for a price of self-serve unleaded gasoline at $3.51, an increase of 32.7 cents from the last survey two weeks earlier, survey publisher Trilby Lundberg said.

The jump was the biggest since a 38-cent hike between August and September 2005. At the time, the price increase was driven by damage caused by Hurricane Katrina.

"This time around, the spike comes not from nature, but from people," Lundberg said. "The armed struggle in Libya has shocked international oil markets and here it is at the pump."

New deepwater drilling permits: Zilch

President Obama lifted his moratorium on deepwater oil drilling nearly a month ago, but the government still hasn't issued any new permits in the Gulf of Mexico.

But with new stricter rules and regulations and bureaucracy for offshore drilling, it is apparent any new permits will take an act of Congress to get through the red tape.

Hopefully, with a Republican Congress, they will deregulate some of the idiotic regulations that is causing the higher price of gas at the pumps.

Read story: New deepwater drilling permits: Zilch