Morici: High Gas Prices and the Wisdom of Drilling for Oil
March 13, 2012 at 11:22 AM EDT
Gas prices are zooming passed $4 a gallon, and the nation is hardly freer from the grip of imported oil or closer to robust economic recovery. With his approval ratings dropping precipitously, President Obama is blaming speculators and investigating fraud and at the pump, when this mess is the direct result of failed federal energy policies.