The Truth About $6 Gas, $200 Oil and the Quest for Energy Independence
Posted on March 29, 2012 at 06:00 AM EDT
No one needs to tell the average American about the impact of oil and gas prices. If they don't feel it in their wallets every day, they hear about it on the news every night. But surprisingly, amid all the rhetoric, there have been no real answers to some of the key questions driving the energy debate... until now. Is President Obama truly responsible for high gas prices, and can his opponents really bring them back down? What role has Federal Reserve Chairman Ben Bernanke's loose monetary policy played in soaring energy costs? Is more domestic drilling the answer? Renowned energy expert Dr. Kent Moors answers all of these questions - and more - below. Dr. Moors, an adviser to six of the world's top 10 oil companies and a consultant to governments around the world, also talks about the effect political turmoil in the Middle East could have on energy prices in the immediate term and how North America will gain energy independence in 15-20 years. Here's what else Moors - a bona-fide energy expert - had to say... Dr. Moors on Gas Prices Can a U.S. President actually impact gas prices- at least enough to get gasoline back to $2.50 a gallon? Or is this just talk? I don't know whom to believe anymore... To continue reading, please click here...
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