Gas prices have dropped significantly throughout the United States over the last couple of months, thanks to more crude oil production in the U.S., lowering the price of to $60 a barrel, a trend National Energy Technologies CEO Robert McDaniel says will continue.
“The United States has officially become the world leader in oil production. I have every reason to believe, as should all American citizens, that gas and oil prices will continue to drop drastically. It is my educated and professional opinion that we could see gas prices drop to, or even below, $1.00 a gallon by late spring of 2015,” McDaniel told WEMP reporter Becky Hollensdale.
President Barrack Obama has also chimed in on the welcoming news, stating that his work is finally seeing results that all Americans are benefiting from.
“My administration has done a great deal of superb work that has previously gone unrecognized over the years. It is about time we are able to show the American people the love they so very well deserve.” President Obama said in his morning briefing. “Without me, this would have never happened. Does anybody even remember the last time gas prices dropped below $2.00 a gallon? How about less than $1.00 a gallon? I know my recollection is a bit fuzzy, because it was the 70s, and I was high as a kite somewhere, not caring about gas prices.”
While the Obama administration seems to be taking full credit for the drop of gas and oil prices, others claim that simply is not the case. Chairman of the United States Energy Resource Committee, Bill Farrell, says that it is the result of more digging and uprooting of forestry in the U.S., and that it has nothing to do with President Obama.
“Of course the President is going to take all the credit, as that is the one thing that all Presidents and government officials care about the most,” said Farrell. “The real reason prices have dropped, and American production has increased, is that the tree-hugging hippies and commies are fighting less and less to protect nature. Their ambivalence has allowed us to drill in more locations, uproot more trees, and get to the damn oil. I mean oil and gas makes the world go ’round. Who really gives a rat’s fart about the trees?”
At least ten states across the U.S. are already reporting gas prices under $2.00 a gallon, and most others can expect to see these prices soon as well.
“I’d just like to say that for quite a long while, I have seen many people across the internet say ‘Thanks, Obama!’ to things that I don’t feel I had any part in,” said the President. “But for lowering gas prices, I’d just like to wholeheartedly say to everyone – ‘You’re Welcome!'”