Friday, March 23, 2012

Could High Gas Prices Trigger a New Recession?

The United States is facing a second recession because of soaring gas prices under the Obama administration's inept energy policies, one of the House's leading experts on energy policy tells Newsmax.

And Rep. Fred Upton of Michigan, the influential chairman of the House Committee on Energy and Commerce, says that President Barack Obama likely will look back on soaring prices at the pumps as the reason the American people sent him packing after one term.

Read more on Rep. Upton: Rising Gas Prices Could Trigger Second Recession

1 comment:

Jason said...

Why is nobody doing anything about gas prices? just today I e-mailed Rep. Upton and my Michigan Senator and Rep. urging them to do something! This is an issue that needs to be dealt with NOW not with bills like S. 2204 creating tax incentives toward alternative energies and tax hikes on oil!