Obama just said in a speech that during his presidency we're drilling more oil than the two previous presidencies. So supply and demand is out since demand is down.
Of course he failed to mention that getting to where we are at oil production takes years after approval from an administration. Obama taking credit for what Bush did? Then he went on about how good the auto industry is doing, wait wasn't the auto bail out signed by Bush?
Tarp was signed October 3rd 2008
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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