Way to go, Barry. Five dollar gas here we come:
Energy has become a searing rift between the U.S. and Canada and threatens to leave the U.S. without its top energy supplier.Obama can take credit for a two-fer. A deteriorating relationship with Canada and higher gas prices at the pump, both a result of this lone effort to suck up to environmentalists at all costs.
The Winnipeg Free Press reported that Canadian Prime Minister Stephen Harper warned Obama the U.S. will have to pay market prices for its Canadian oil after Obama's de facto veto of the Keystone XL pipeline. Canada is preparing to sell its oil to China.
Until now, NAFTA had shielded the U.S. from having to pay global prices for Canadian oil. That's about to change.
You can expect, if he's reelected, for both to get much, much worse.