Gas Prices Going To Seriously Harm Las Vegas Economy

I've been preaching this from Day 1.
From the LVRJ: Bloody revolutions rumbling through the Middle East are starting to send shock waves through the Las Vegas tourism industry because analysts fear Middle Eastern oil shortages would increase the cost of traveling to Las Vegas.
That was the consensus of three analysts speaking to about 60 attendees late Thursday at the annual forecast dinner of the Chartered Financial Analyst Society of Nevada in Las Vegas.
Stephen Brown, director of the center for Business and Economic Research at the University of Nevada, Las Vegas, said the spike in oil prices so far are stemming from fears of shortages, rather than actual oil shortages.
The price of oil affects the prices that Californians, who account for 40 percent of the tourists visiting Las Vegas, pay at the pump. Other tourists catch flights to Las Vegas, but air fares will increase if jet fuel prices climb.
Also, when consumers must spend more for gasoline, they have less discretionary income for things like trips to Las Vegas, Brown said.
"Las Vegas is a place that is very dependent on (consumer) discretionary income," Brown said.
http://www.lvrj.com/business/mideast-shock-waves-may-ripple-through-las-vegas-tourism-industry-116939958.html
Right now, gas prices are between $3.30 and $3.50 a gallon in Las Vegas and more in California.
And what is President Obama's and Harry Reid's solution? Refuse to drill for oil, costing the U.S. tens of thousands of good paying jobs. Refuse to drill for oil and then increase our dependence for Middle East oil.
Reid knows that for the Nevada economy to survive, we need cheap gas but he doesn't care. He is all about green energy, which if it ever comes, will take years, if not decades for it to become useful and cheap for the average consumer. He has to know his beliefs are hurting Nevada because with higher fuel prices, there will be fewer people coming to Nevada. Maybe that is what he wants- fewer people to roam the Strip spending money and make it a nicer a environment for the whales who can spend the big money.
The policy of Obama on energy is hurting the poor, the middle class and everyone who has to eat.
Worst president ever.