The Heritage Foundation
by Ashe Schow
Commentary by Jim Campbell
Only and administration that was just beamed down from Planet Uranus could have such twisted logic. Only the complete narcissist Obama could believe this economic strategy would help him maintain his grip on his tyrannical rule. Wake up dude We the People are fed up with your bony ass. At $10.00 a gallon gas prices not only will you not win, your fans will be out to draw and quarter you.
Oh yes, and as far as your green energy plans are going last count they have been heavily subsidized failures.
That’s my story and I’m sticking to it. I’m J.C. and I approve this message.
President 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.
Presidential candidate Newt Gingrich has issued a half-hour video touting an energy plan he claims would result in $2.50 a gallon gasoline. The plan is based on unfettered drilling for oil and gas instead of a reliance on green energy. Gingrich has also savaged Obama’s touting of algae-based biofuel as “weird.”
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.
In 2008, before he was President Obama’s Energy Secretary, Steven Chu said that:
“Somehow, we have to figure out how to boost the price of gasoline to the levels in Europe.”
President Obama and Secretary Chu are certainly on their way towards that goal, as gas prices are now double what they were when the President was inaugurated. In a speech last week, President Obama claimed to support an “all-of-the-above strategy that develops every available source of American energy.” The President went on to say that strategy included oil and gas. (when his lips are moving he is lying)
Yet, his policies have not shown a willingness to include oil and gas – even though these conventional energy sources are cheaper and more efficient than their alternatives. The President’s favored “green” energies won’t be economically viable alternatives for decades. We’ve been trying to make them a reality since the Carter Administration, with only minor advances.
Secretary Chu admitted yesterday that reducing the price of gasoline is not a priority for this Administration. The priority lies on finding an alternative for the future. That doesn’t sound like an “all-of-the-above” strategy.
When asked by Congressman Alan Nunnelee (R-MS) if the overall goal is to get gas prices down so that the American people stop suffering, Sec. Chu responded:
“No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy.”
So, yet again, the President’s speech was full on rhetoric and empty on substance.
Allowing gas prices to climb so that “green” energy alternatives appear to be viable alternatives is backwards. Instead, we need to lower gas prices by approving pipelines and expanding oil exploration – including on federal territory – in order to reduce the burden on the American people while the private sector continues to develop alternatives. What we absolutely should not be doing is crippling our economy with high gas prices in pursuit of even more expensive alternatives. If Americans can’t afford gas prices now, how are they going to afford massively more expensive alternatives?