Posted by: arnegrim | April 25, 2011

High oil/gas prices feed Obama’s plans

“During the first twenty-six months of President Bush’s first term in office, the price of gasoline increased by 7%. At the end of his second term, the price had decreased by 9% from the time he took office (adjusted for inflation). During the first twenty-six months of Obama’s term in office, the price of gasoline has spiked over 67% with no relief in site…

…Some on the right have criticized Obama for having no energy policy. This is wrong. Obama’s energy policy is working exactly the way it is designed. This administration knows that unless the price of fossil fuels skyrocket, expensive alternative energy sources, no matter how heavily subsidized, will continue to be unattractive to American consumers…”

http://blog.heritage.org/2011/03/04/in-pictures-bush-vs-obama-on-gas-prices/

“…President Obama has been unilaterally taking steps to increase the cost of gasoline for two years…

…This week, Deputy Energy Secretary Daniel Poneman told Bloomberg Television: “We’re hoping capacity will be brought to bear so it will continue to support our economic recovery.” Mr. Poneman needs to head down his hallway to meet with his boss Secretary Chu and explain how energy prices affect an economic recovery. Because it was Chu who, in the name of environmental radicalism, stated in 2008: “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” It would seem President Obama and Secretary Chu are getting their wish and you are paying for it every day.”

http://blog.heritage.org/2011/02/23/10-things-you-need-to-know-about-high-gas-prices-and-obama%E2%80%99s-oil-policy/

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