A new study by the independent consulting firm Baker & O'Brien finds a new Obama Expensive Gas Rule that Barack Obama is pushing through the EPA, which demanding the use of low-sulfur gasoline, would send gas prices skyrocketing, shut down as many as seven refineries, significantly decrease U.S. gasoline production and double reliance on foreign imports.
Along with the thousand of workers who would lose their jobs under the Obama rule, the study also finds gas prices could increase by as much as $0.25 a gallon, on top of the 200% increase in gas prices seen under the Obama administration.
"Obama's Expensive Gas Rule is a nuclear weapon in his ongoing war on your pocketbook," said American Tradition Partnership Executive Director Donald Ferguson. "Obama is pushing this through his EPA cronies, instead of through Congress, because he knows accountable lawmakers would never let him get away with exploding the price of gas."
"This is why American Tradition Partnership has made passing the REINS Act a top priority," said Ferguson.
"Under REINS, any proposed rule with an impact greater than $100 million would need to be voted on by Congress. The idea of having laws voted on my lawmakers instead of imposed by royal decree makes Obama and Gang Green explode with rage, but it's what the Constitution requires. There would be no Obama Expensive Gas Rule under the REINS Act."
Go here to chip in $10 or more to support ATP's efforts to stop the Obama Expensive Gas Rule.