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Shell has already spent over $5 billion to get the permits and approvals necessary to explore for oil and gas (not to produce anything, only to explore. It will cost much more to actually get approval to produce). Tell me again why the price of gasoline is so high, and how government regulations don't contribute to the high energy prices.

And now the President's people get to pick and choose who drills where... and they choose a forgein oil company and not a domestic one. It makes one wonder...