Obama's budget thumb

Another budget proposal, another presidential thumb in the eye of the oil and gas industry. Remember the State of the Union boast about rising oil production? Remember the appeal for "an all-out, all-of-the-above strategy that develops every available source of American energy"? Forget all that. President Barack Obama remains as hostile as ever to the American oil and gas business. The budget Obama proposed Feb. 13 won't do any economic harm. Congress won't pass it. The budget is important only as a political document. It's a statement of intent by a president seeking reelection. With energy, Obama's intent is unwavering. It hasn't changed in 3 years. That's the problem. Raising...

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