|OBAMA FAVORS HIGH GAS PRICES TO ADVANCE HIS GREEN ENERGY AGENDA
Summary: “Obama and his Administration have repeatedly stated that they want higher energy prices. They want to use the pressure of higher energy costs as an excuse to force their green energy boondoggle on Americans.”
|Obama 2008: ‘Under my plan, electricity rates would necessarily skyrocket’|
|Obama 2008 on High Gas Prices: ‘I’d Have Preferred a Gradual Adjustment’|
|Obama’s Energy Czar Steven Chu also Said he Wanted High Gas Prices
Chu in 2008: Energy Dept Working To Wean U.S. Off Oil, Not Lower Gas Prices
|In 2008, Chu advocated for $10-a-gallon gas prices:
Posts Tagged ‘Oil’
Posted by FactReal on March 16, 2012
Posted by FactReal on March 16, 2012
|OBAMA’S SELECTIVE DATA
When Obama says the U.S. has only 2% of the world’s oil reserves, he is talking about the tip of the oil pyramid — that is, the “proved” oil reserves which refer to oil currently being drilled in existing fields.
Obama frequently pushes the myth that oil in the U.S. is scarce, but in reality the U.S. has 60 times more oil than Obama claims. Investor’s Business Daily explains, “The U.S. has 1.4 trillion barrels of technically recoverable oil, according to the Institute for Energy Research, enough to meet all U.S. oil needs for about the next 200 years, without any imports.”
|Investor’s Business Daily reported:|
“With only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices,” [Obama] said. “Not when we consume 20% of the world’s oil.”
Read full report here.
- Obama Lies about High Gas Prices and Oil Production
- Obama Killing Real Jobs for Green Utopia
- Obama in 2008 Favored High Gas Prices (Videos)
Posted by FactReal on May 25, 2011
|PETROLEUM PRODUCTS MAKE OUR LIFE EASIER
Environmentalists want us to stop using oil, even though petroleum products make our life easier — to fuel airplanes and cars, to heat our homes, and to make products like medicines and plastics.
Besides fuel oil and gasoline, there are many other products that derive from petroleum: asphalt, paraffin wax, lubricating oils, engine coolant, polyesters, vinyl acetate, isopropyl alcohol, acrylic fiber, lubricants, adhesives, corrosion control chemicals, cosmetics, flavorings, fragrances, food additives, inks, printing supplies, packaging, bottles, paint, resins, cleaning agents, pharmaceuticals, etc.
What is the environmentalists’ idea to replace all these petroleum products?
USAGE OF SOME PETRO PRODUCTS:
|SOME EVERYDAY PRODUCTS MADE FROM OIL:|
• plastic ties
• row cover
• irrigation piping
• bags and packaging
• pesticides and herbicides
• food preservatives
Clothing and Textiles
Sports and Hobbies
Infants and Children
• allergy medication
• cotton-tipped swabs
• liquid Pepto-Bismol
• first aid cream
• pill cases
• band aids
• first aid kits
• latex gloves
• prescription bottles
• burn lotion
• mosquito spray
• rubbing alcohol
• chap stick
• heart valve replacement
• nasal decongestant
• surgical tape
• hearing aids
• artificial limbs
• eyeglasses and sunglasses
• denture adhesives
• oxygen masks
• prescription glasses
• cough syrup
• hearing aids
Kitchen and Household
• carpet padding
• Venetian blinds
• TV cabinets
• extension cords
• picture frames
• flocked wallpaper
• shower doors
• refrigerator lining
• vinyl wallpaper
• kitchen carpet
• shag carpet
• welcome mats
• fan blades
• shower curtain
• patio furniture
Building and Home
FLASHBACK: Obama on High Gas Prices: ‘I Would Have Preferred a Gradual Adjustment’ (Video, Transcript)
Posted by FactReal on March 4, 2011
|OBAMA 2008 WANTED HIGH GAS PRICES
During the 2008 campaign, then-candidate Obama commented on the gas crisis and indicated he preferred higher gas prices. Well, I guess he is happy now.
CNBC interview with then-Presidential-Candidate Senator Barack Obama. (June 10, 2008)
|HARWOOD: As difficult as this is for consumers right now, is, in fact, high gas prices what we need to let the market work, a line incentive so that we do shift to alternative means of energy?
Sen. OBAMA: Well, I think that we have been slow to move in a better direction when it comes to energy usage. And the president, frankly, hasn’t had an energy policy. And as a consequence, we’ve been consuming energy as if it’s infinite. We now know that our demand is badly outstripping supply with China and India growing as rapidly as they are. So…
HARWOOD: So could these high prices help us?
Sen. OBAMA: I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing. But if we take some steps right now to help people make the adjustment, first of all by putting more money into their pockets, but also by encouraging the market to adapt to these new circumstances more quickly, particularly US automakers, then I think ultimately, we can come out of this stronger and have a more efficient energy policy than we do right now.
|OBAMA 2008: HIS PLAN MAKES ELECTRICITY RATES SKYROCKET
In 2008, then-candidate Obama said, “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” (Hat tip: HotAirPundit)
Video. Partial transcript.
Obama’s Reckless, Quixotic Fantasies are killing us:
|At what point do environmentalist liberals become accountable for the results of their policies instead of their allegedly good intentions? Why isn’t President Obama held accountable for his ideologically based interference with lower oil prices? [...]
Research has shown, for example, that if the United States were to adopt the Draconian cap-and-trade policies urged by the administration, it could cause a loss in gross domestic product of $9.4 trillion by 2035 and increase each family of four’s share of the national debt by $115,000. Never mind that the policies would have a trivial impact on future concentrations of greenhouse gases and have no meaningful impact on global temperatures, even by 2100. [...]
The Heritage Foundation argues that Obama’s policies are indeed making gas prices higher. This week, the price of a barrel of crude oil surpassed $100 for the first time since September 2008. Heritage acknowledges that Middle East turmoil has had an impact, but long before this chaos, experts were predicting $4-a-gallon prices by the summer and $5-a-gallon gas by 2012 because of “increased oil demand worldwide.”
So what’s the obvious solution? Well, increasing domestic oil production comes to mind. But the administration has done just the opposite — to the direct detriment of the American people.
Both Chu and White House press secretary Jay Carney have insisted that the remedy is to develop alternative energy sources to decrease our dependency on foreign oil. That’s just peachy in theory and something to continue to explore for the long run. But in the short run, it is a reckless, quixotic fantasy — a tilting at windmills.
Windmills, incidentally, are not the answer. Heritage experts argue that wind and solar energy sources are miniscule and “entirely irrelevant to gasoline supply in the transportation sector.” The administration’s other alternative sources of energy, such as corn and electric cars, “won’t help a bit.” Corn-based ethanol produces less energy than gasoline, “contributes to food price increases, costs taxpayers $4 billion to produce 2 percent of the total gasoline supply, and has dubious environmental effects.” Electric cars are “prohibitively costly and environmentally suspect.”
Wake up, folks. Regardless of Obama’s intentions, his energy policies are, at best, grossly negligent and irrefutably damaging to Americans and our economy.