Would We Drill for $200 Oil?

Investor’s Business Daily points out the naivete of the Obama Energy Policy, if there is such a thing. From Investors.com, Investor’s Business Daily’s blog:

Energy Security: As unrest spreads in the Middle East, threatening oil transport and oil-rich kingdoms, our laughable energy policy may come home to roost. Better get those wind turbines spinning in a hurry.

Between them, the Suez Canal and adjoining pipeline transport some 4.5 million barrels of oil per day. More than 35,000 ships used the canal in 2009, about 10% of them oil tankers. The thought of the Muslim Brotherhood in control of it should give us pause. Yet that’s a real possibility as the well-disciplined and ruthless mother of all Islamofascist groups lies in wait.

Read the rest here: Would We Drill for $200 Oil?

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