so our economy is limping along. these regulations don t help. and i do think obama is trying to advance his left-wing agenda but, yes, they can be overturned under president-elect trump. leland: big picture, jessica, is this the right way for president obama to try to secure his legacy, doing what he did with israel at the u.n., all new government regulations or federal monuments or should he say, elections have consequences, i think i heard that line once before and i will gracefully indmy last couple months in office? i don t know why it is not graceful to use the last 20 days, that is what he entitled to. he won fair and square. regulations are huge costs. take the stoves, look at that over course 30 years that will save americans $11 billion. high cost right out of the gate. it will help americans. he is trying to protect environmental disasters. wall street compensation, is looking last enforceable rule from dodd-frank which he defended throughout his term. i think it makes sen
jonathan, no. make hold on, doc. let me make sure i can breathe in l.a. he comes from a very liberal part of the country, massachusetts. what do you say? wind, solar, nuclear, geo, thermal, permitting, you re right. there has not been in the last 30 years the refinery. we need to become energy independent. it s not adding more regulation to our energy producers. there is a risk obviously, you want to have some regulation. but overregulation is not the way to do it. wayne, you make a point that we have enough supply, but, boy, more supply means lower prices, does it not? well, it should, yes. of course. as i said, the amount of progress that we have made most scientifically and discoveries in the shales, that they re going to be enough oil that we will be independent from foreign resources. the fact of the matter is, though, that all of these regulations don t help. but sooner or later, we have to
regulations don t help, but sooner or later we have to come to some sort of an agreement it works out for everybody. as you pointed out earlier, there are so many different kinds of gas that are produced, everybody is producing, in california you have a high gas and everything has to be done in a certain way. in another state it s done another way. it s very difficult. eric: president obama took the oath of office in 2009, 1.83 a gallon of gasoline. i have to say a lot of people are pointing their finger for the high price of gasoline? that would be i will lodge catholic that would require there has been a lot of new regulations and there have not been a lot of new regulations. president even after deep horizon disaster has opened up offshore drilling. highest oil production since 1992. so how you can tag this to the president.