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The Don’t Drill Democrats Plan Their Don’t Drill Strategy

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Yesterday’s announcement that the president-elect would almost certainly use his executive order power to curtail previously authorized drilling on some public lands signals that the Obama Administration will be a friend of rising oil prices.

Recent discoveries in places like Brazil should be powering American exploration efforts forward, as should the forecast for a return soon to triple digit oil prices.

Oil was below $60 a barrel two days after President-elect Obama triumphed last week. That will be the price on which to evaluate his Administration in two and four years.

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