“we are as free from the grip of foreign oil as we’ve been in almost 30 years.” 2:25
“The shadow of crisis has passed, and the State of the Union is strong.” 3:45
“Will we allow ourselves to be sorted into factions and turned against one another — or will we recapture the sense of common purpose that has always propelled America forward?” 5:10
Obama waded into energy markets in summer 2011, announcing the release of 30 million barrels of crude from the nation’s Strategic Petroleum Reserve. The move was coordinated with a similar release from international reserves. Dumping that much oil onto the market should have sent prices plummeting, right?
Wrong. The price of gasoline was a national average of $3.71 per gallon…
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