Nancy Pelosi: Increased Oil Drilling Is A Hoax
Because increasing supply apparently does nothing to mitigate costs.
Which is going to shock the hell out of some Economics 101 teachers.
House Speaker Nancy Pelosi (D-Calif.) on Thursday shut the door on expanding oil and gas drilling beyond areas that have already been approved for energy exploration, drawing a clear distinction from her counterparts in charge of the Senate.
“This call for drilling in areas that are protected is a hoax, it’s an absolute hoax on the part of the Republicans and this administration” Pelosi said at her weekly press conference. “It’s a decoy to punt your attention away from the fact that their policies have produced $4-a-gallon gasoline.”
I love how Pelosi tries to pin rising gas prices on Republican policies. Especially in light of this graphic:
