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“The administration’s hostility to fossil fuels is documented. Immediately on taking office, Interior Secretary Ken Salazar canceled 77 leases for oil and gas drilling in Utah. Recently, in a stunning land grab, Salazar issued an order allowing Bureau of Land Management officials to place land with “wilderness characteristics” off-limits to energy development. Some 6 million acres in energy-rich Utah would be affected. The day before President Obama was inaugurated, the average price of a gallon of gas was $1.83, the Heritage Foundation notes. Today it’s well over $3 and on the way to $4. Prices for this February and last December were the highest ever for those months.
John Hofmeister, former president of Shell Oil, told Platt’s Energy Week Television that Americans could be paying $5 for a gallon of gasoline by 2012 based on the uncertainty of world events, the lack of domestic supply and increased worldwide demand fueled by countries like India and China.”
