“No matter what happens to America,” the satirical pundit Stephen Colbert once observed, “She will always rebound with the most powerfully staged photo-ops in the world.” And so Barack Obama stood before a bunch of big pipes today in Cushing, Oklahoma, to announce that he was expediting a process that is already on the fast track for approval.
The front-page headlines continue to be about negotiations over long term deficits, Libya, Syria and Guantanamo. But the most consequential news to those gaming out the 2012 presidential race can be seen below. A sustained spike in gas prices through the summer of 2011 could be politically costly for President Obama. Another spike in the [...]
Nancy Pelosi has never been happier to see ExxonMobil post record profits. With John McCain and the GOP successfully focusing the economic debate on the one area where he at least has parity with Barack Obama (see today’s Quinnipiac polls, he and Obama are both fairly equally trusted to bring down gas prices whereas Obama [...]
