text: I have said for years now that we could bring energy costs down if we pursued more domestic production and American energy independence. It is a matter of supply & demand.  With oil and gas development happening in N. Dakota and Texas (State and private lands btw is where it is happening - and it could boom in Pennsylvania & New York with Marcellus Shale as well as California with Monterey Shale and Alaska with ANWR / NPR), supplies are way up from increased production coupled with a sluggish global economy which has resulted in soft demand.  Throw technological advances in there, too, for a complete picture of the oil and gas boom we are seeing.  I say the boom is happening in spite of Obama Administration policies. I will be criticized by some on here. That is ok. Average Americans know the truth. And the price at the pump can be lower.  Here is a good read on this: