It’s Washington’s Fault!

Senator Barack Obama recently blamed the rising oil prices on the administration in Washington DC. Obama raised the point that the United States has not raised it’s fuel efficiency standards in more than thirty years.

The candidates with the Washington experience – my opponents – are good people. They mean well, but they’ve been in Washington for a long time and even with all that experience they talk about, nothing has happened,” Obama said in remarks delivered at a gas station. “This country didn’t raise fuel efficiency standards for over 30 years.

The democratic presidential candidate, expressed his support for an alternative to oil in that of ethanol, but maintained that the reason for the rising oil prices is due to the failure of the past and present administrations to stand up to the oil industries. I am not sure how much success they would have simply just putting their foot down with the oil industries, but I am a strong supporter of using ethanol. The use of ethanol does have some trade offs, as it may contribute to rising food costs, and less corn being exported to other countries, which could potentially cripple not only the U.S. economy, but also economies across the world.