Washington Post Editorial—Oil Election Politics

Posted by Kendall Harmon

(The above title is from the Ipad edition this morning--KSH).

What’s the emergency, you ask? The White House says that military operations in Libya have disrupted supply. But Libya’s oil has been shut in for months now, and oil prices are down from their highs this year. So on Thursday Obama administration spokesman Jay Carney argued that oil demand is likely to rise over the summer. In other words: It’s vacation season, and the White House is worried about high prices through the summer driving months.

Therein, perhaps, is a political emergency, at least in the White House view: President Obama’s reelection prospects will be harmed if national discontent over high gasoline prices continues....

Whatever the rationale, it is a bad idea.

Read it all.

Filed under: * Culture-WatchGlobalization* Economics, PoliticsEconomyEnergy, Natural ResourcesPolitics in GeneralOffice of the PresidentPresident Barack Obama* International News & CommentaryAfricaAsiaEuropeMiddle East

5 Comments Posted June 24, 2011 at 6:41 am

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