Posts Tagged ‘Obama outraged at high gasoline prices he helped cause’
Obama administration OK with high gasoline prices
March 2, 2012President Barack Obama’s Secretary of Energy Stephen Chu uttered the kind of Washington gaffe that consists of telling the truth when inconvenient. According to Politico, Chu admitted to a House committee that the administration is not interested in lowering gas prices.
Chu, along with the Obama administration, regards the spike in gas prices as a feature rather than a bug. High gas prices provide an incentive for alternate energy technology, a priority for the White House, and a decrease in reliance on oil for energy.
The Heritage Foundation points out that hammering the American consumer with high gas prices to make electric and hybrid cars more appealing is consistent with Obama administration policy and Chu’s philosophy. That explains the refusal to allow the building of the Keystone XL pipeline and to allow drilling in wide areas of the U.S. and offshore areas.
The consequences of the policy are not likely to be of benefit to the Obama administration. The Republican National Committee has already issued a video highlighting the spike in gas prices and the failure of the administration to address the issue.
Obama calls high gasoline prices a crisis (in 2008)
February 23, 2012. ______GREEN link below . Obama Called High Gas Prices A Crisis in 2008; Now They’re Called Progress – Investors.com . . ________2 GREEN links below . ‘Thank You, Warren.’ ‘No, Thank You, Mr. President!’ _____________Buffett‘s ._Bunk . . ______GREEN link below . Obama Cites Rising Gas Prices – Up 83 Percent Under His Tenure – Among Reasons to Extend Payroll Tax Cut | CNSNews.com . ______
Obama outraged at rising gasoline prices
May 1, 2011_____GREEN links below . ________Obama: ________Rising gas prices ________mean oil company ________profits – ________Yahoo! News . ________Obama slams oil ________company profits as ________gas prices surge – ________Political Economy – ________The Washington Post