With declining domestic demand amid increased domestic capacity, coupled with soaring international needs for refined petroleum products, for the first time in 62 years, this year the United States is expected to export more petroleum fuel products than it imports.
The national average for a gallon of regular gas is now $3.81 and climbing. As prices rise voters and politicians are more likely to blame the sitting president. But Obama, in his defense, says that this same cycle of blame has been going on for decades. And he’s right, according to our Washington correspondent Todd […]