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  1. #1 Energy Secretary Chu Admits Administration OK with High Gas Prices 
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    By Mark Whittington | Yahoo! Contributor Network – Wed, Feb 29, 2012
    COMMENTARY | 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.

    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.

    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 has likely highlighted an issue Republicans are going to pick up and run with. Americans are not going to be appreciative of schemes to hit them in the wallet so the American economy can shift to green energy. Besides American traditional adherence to the free market, the idea of being fleeced by a deliberate government policy is likely to be greeted with anger.

    Add into the mix green energy fiascos like Solyndra, and Chu might well have kindled a full blown scandal.

    How the Obama administration reacts to the expected firestorm is open to question. Green energy is as part of its fundamental religion as is universal health care, another unpopular Obama policy. If it tries to bull ahead, the electorate will likely punish Obama and the Democrats. If it tries to backtrack, Obama looks weak and facilitating, and likely will still not appease gas strapped Americans experiencing price shock at the gas pump.
    http://news.yahoo.com/energy-secreta...193900713.html
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  2. #2 Newt Gingrich: Fire Steven Chu over gas price remarks 
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    By BOB KING and DARIUS DIXON | 3/1/12 1:45 PM EST

    Newt Gingrich on Thursday called on President Barack Obama to fire Energy Secretary Steven Chu, citing congressional testimony this week in which Chu said his “overall goal” was to decrease U.S. dependency on oil, not lower the price.

    “President Obama must announce today in his Nashua address that he is firing Secretary Chu and replacing him with a pro-American-energy appointment,” said a statement from Gingrich, who cited a POLITICO story about Chu’s appearance before a House Appropriations subcommittee.

    Read more: http://www.politico.com/news/stories...#ixzz1nwQZHL4H
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  3. #3  
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    O Blah Blah should appoint a Czar to assist Chu. That'll fix it!
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  4. #4  
    CU Royalty JB's Avatar
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    "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe" ~ Steven Chu

    ---> Gas is about $9/gallon in Europe right now.

    Chu said he favors gradually ramping up gasoline taxes over 15 years to nudge consumers into buying cars that are more fuel efficient and homes which are closer to work.

    ---> I'm so thankful the government knows what's best for me.
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    Quote Originally Posted by JB View Post
    "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe" ~ Steven Chu

    ---> Gas is about $9/gallon in Europe right now.

    Chu said he favors gradually ramping up gasoline taxes over 15 years to nudge consumers into buying cars that are more fuel efficient and homes which are closer to work.

    ---> I'm so thankful the government knows what's best for me.
    Yet the drones will inevitably line up to vote for their god, O Blah Blah.
    Education without values, as useful as it is, seems rather to make man a more clever devil.
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  6. #6  
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    Gas in VA is now skirting $4 per gallon. Thanks, Obama.
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  7. #7  
    CU Royalty JB's Avatar
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    Quote Originally Posted by Odysseus View Post
    Gas in VA is now skirting $4 per gallon. Thanks, Obama.
    By the time the convention happens in August it will be over $6/gal, housing and unemployment will still suck and Romney will ride the convention bounce all the way to November.
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  8. #8  
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    Energy Secretary Chu Admits Administration OK with High Gas Prices
    I heard today that Chu doesn't own a car. No wonder the idiot is so out of touch.
    Education without values, as useful as it is, seems rather to make man a more clever devil.
    C. S. Lewis
    Do not ever say that the desire to "do good" by force is a good motive. Neither power-lust nor stupidity are good motives. (Are you listening Barry)?:mad:
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  9. #9  
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    Not really a surprise since the Obumbler thinks oil is the fuel source of the past....

    Oil is ‘the fuel of the past,’ says President Obama
    By Olivier Knox

    White House Correspondent

    PostsBy Olivier Knox | The Ticket – Wed, Mar 7, 2012
    President Barack Obama on Wednesday dismissed oil as "the fuel of the past" as he made an unapologetic election-year pitch for his alternative energy industry policies and sniped at Republicans over painfully high gasoline prices.

    "They get out on the campaign trail—and you and I both know there are no quick fixes to this problem—but listening to them, you'd think there were," he said at a Daimler Truck manufacturing plant in the battleground state of North Carolina.

    Obama said that because the United States accounts for 20 percent of the world's consumption of oil but has only 2 percent of its petroleum reserves, "we're not going to be able to just drill our way out of the problem of high gas prices. Anybody who tells you otherwise either doesn't know what they're talking about or they aren't telling you the truth."

    "Here is the truth. If we are going to control our energy future, then we've got to have an all-of-the-above strategy," he said in his speech. "We've got to develop every source of American energy—not just oil and gas, but wind power and solar power, nuclear power, biofuels."

    A top congressional Republican, Senate Minority Leader Mitch McConnell, hit Obama on his call to end subsidies for oil companies while directing government help to so-called green energy firms, some of which have political ties to the administration.

    "When it comes to rising gas prices, the American people don't think it's particularly fair that at a time when they're struggling to fill up the tank, their own tax dollars are being used to subsidize failing solar companies of the president's choosing, not to mention the bonuses that executives at these companies keep getting," McConnell said.

    And "if higher gas prices hurt the economy, then why in the world is the administration calling for higher taxes on energy manufacturers?" said the Kentucky lawmaker.

    Obama, his hopes for a new term threatened by high gas prices, pushed Republicans in Congress to support ending oil subsidies.

    "We can place our bets on the fuel of the past, or we can place our bets on American know-how and American ingenuity and American workers like the ones here at Daimler. That's the choice we face. That's what's at stake right now," said the president.

    Obama also used the speech to roll out some new initiatives to promote the use of alternative fuels and electric-powered and other "advanced vehicles."
    LINK

    Someone needs to tell this empty suited buffoon in the White House that oil is the fuel of the present no matter what he thinks.
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  10. #10  
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    Quote Originally Posted by Zathras View Post
    Not really a surprise since the Obumbler thinks oil is the fuel source of the past....



    LINK

    Someone needs to tell this empty suited buffoon in the White House that oil is the fuel of the present no matter what he thinks.
    OOPS! The new liberal talking point has been issued by their God, O Blah Blah the Magnificent. Get ready for this to have massive backing by the leftist morons. They will make this a cause now and Oil will be an expletive equal in hatred to the SUV cause.
    Education without values, as useful as it is, seems rather to make man a more clever devil.
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    Do not ever say that the desire to "do good" by force is a good motive. Neither power-lust nor stupidity are good motives. (Are you listening Barry)?:mad:
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