It takes a whole lot of campaign fund financing to make this silliness make any sense at all. Obviously, if it were only a matter of common sense, Obama would allow the keystone pipeline to be built, rather than have the oil shipped by Warren Buffets railroad or all the way across Canada so it can be shipped to Asian markets.
The other day, a friend of mine tried to sell the idea that Saudi Arabia is responsible for the current decline in gasoline prices. In one sense, my friend was correct. The Arabians understand that once England and other nations start using the new fracking techniques, the price of oil will go even lower. They may as well sell as much as they can at $50 per barrel.
Share of Federal tax revenue: Individual + Payroll highest, corporate taxes way down. Through various tax avoidance schemes (including moving "headquarters" to offshore tax havens), big business is shirking its responsibility to greater society and a nation that literally subsidizes lavish CEO pay. Who is paying for this loss of revenue? You are.