Left-wing environmentalists with their global warming hysteria have tried mightily to reduce oil consumption and production through such means as electric vehicles, higher CAFE fuel efficiency standards, stricter regulations and higher fuel taxes.
But despite their best efforts, fracking technology has increased the supply of crude oil and lowered prices. Additionally, Saudi Arabia has increased its oil output to hurt both American frackers and arch-enemy Iran with lower prices. The Kingdom particularly wants to put a dent in oil export revenues flowing into the Islamofascist Persian Pariah. Anything to reduce the mullahs' resources used to wreak havoc across the Middle East.
The marketplace, the profit motive and political strategies all have conspired to benefit consumers and foil the harebrained schemes of unrealistic environmental idealists and useless bureaucrats. Natural gas prices also have come down as a result of fracking technology, putting a damper on the Obama administration's destructive scheme to spike energy costs and electric bills for the sake of pie-in-the-sky green energy fantasies. (It sure helps that state governments, rather than Uncle Sam, have the upper hand on regulating fracking. If the feds had their way, the frackers would be put out of business.)
It is incredible Obama received so much support from people who should know better in the 2008 and 2012 elections when his proposed energy policies, had they come to fruition, would have greatly harmed the middle class and lower income people. Remember his infamous quote about how his cap-and-trade plan would make electricity prices "skyrocket"?
Truth be told, it's Democrats who "stomp on the poor," to use the same caustic rhetoric the left directs against conservatives. And about the only "folks," as Barry would put it, who benefit from green energy policies are the politically connected cronies running loser companies such as Solyndra, Evergreen Solar and dozens of other scammers who have cost taxpayers billions.
Change you can believe in? More like, change that will appall you!