15% of America's oil supply just shut down thanks to major pipeline leak while Obama's pointless drilling moratorium continues

Thanks to the policies of the no-drill Democrats, we will likely see gas prices hit new 52-week highs within the next few weeks.

Operators of the Trans-Alaska Pipeline System, shut Jan. 8 while a leak is repaired, can’t say when the pipeline that carries 15 percent of U.S. crude oil output will be flowing again.

The shutdown has forced oil companies including BP Plc to suspend 95 percent of production from the North Slope area. The system, an 800-mile network crossing the northernmost U.S. state, was closed at about 8:50 a.m. Alaska time Jan. 8, operator Alyeska Pipeline Service Co. said in a statement... Oil futures in New York jumped as much as 2.2 percent to $89.98 a barrel, advancing for the first time in three days.

Meanwhile, the president's pointless oil drilling moratorium continues, endangering tens of thousands of jobs, billions in revenue for energy firms and America's national security. Some Texas oil men are considering leaving the U.S. and investing in Israel instead.

I wonder if President Obama's $13-a-week "tax cuts" for the middle class will compensate for $4-per-gallon gas?