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.” |
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H/t: NewsBusters. | |
Obama 2008: ‘Under my plan, electricity rates would necessarily skyrocket’ | |
Transcript | |
Obama 2008 on High Gas Prices: ‘I’d Have Preferred a Gradual Adjustment’ | |
Transcript | |
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 |
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In 2008, Chu advocated for $10-a-gallon gas prices:
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Summary video By Heritage: |
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Posts Tagged ‘Oil’
FLASHBACK: Obama Wanted High Gas Prices (Videos)
Posted by FactReal on March 16, 2012
Posted in Energy, Obama | Tagged: Democrats, energy, GasPrices, Obama, Oil, Travel | Leave a Comment »
Obama Lies. The U.S. has 60 Times more Oil than Obama Claims
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: |
Read full report here. |
RELATED – 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 in Economy, Energy, Obama | Tagged: energy, GasPrices, Obama, Oil, Travel | Leave a Comment »
PRODUCTS MADE FROM OIL
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: |
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SOME EVERYDAY PRODUCTS MADE FROM OIL: |
Agriculture • plastic ties • row cover • irrigation piping • polyethylene • polypropylene • bags and packaging • pesticides and herbicides • food preservatives • fertilizers Automotive Clothing and Textiles Sports and Hobbies Infants and Children |
Health Care • allergy medication • cotton-tipped swabs • inhalers • liquid Pepto-Bismol • aspirin • first aid cream • lancets • pill cases • band aids • first aid kits • latex gloves • prescription bottles • burn lotion • glycerin • mosquito spray • rubbing alcohol • chap stick • heart valve replacement • nasal decongestant • surgical tape • syringes • Vaseline • antiseptics • hearing aids • anesthetics • artificial limbs • eyeglasses and sunglasses • antihistamines • cortisone • vaporizers • denture adhesives • laxatives • Bactine • oxygen masks • stethoscopes • prescription glasses • cough syrup • hearing aids Kitchen and Household Beauty |
Furnishings • carpet padding • Naugahyde • Venetian blinds • TV cabinets • extension cords • picture frames • flocked wallpaper • shower doors • Formica • refrigerator lining • vinyl wallpaper • curtains • kitchen carpet • shag carpet • welcome mats • fan blades • lamps • shower curtain • patio furniture • swings • linoleum • upholstery • rugs Building and Home Office Supplies Miscellaneous |
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Posted in Global Warming | Tagged: Economy, Environment, Global Warming, Oil, Petroleum | 1 Comment »
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) |
Another video |
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TRANSCRIPT: | |||
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. |
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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. |
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OBAMA-QUIXOTE Obama’s Reckless, Quixotic Fantasies are killing us: |
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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. |
Posted in Energy, Left, Obama | Tagged: energy, Gas Prices, Left, Obama, Oil | 1 Comment »
Cuba to drill for oil off the Florida coast next year and deeper than BP
Posted by FactReal on September 30, 2010
IF WE DON’T DRILL, CUBA WILL | |||
While Miami-Dade county commissioners proudly recite as a triumph their support to the federal moratorium on offshore oil and gas drilling, Cuba is not going to be deterred by the BP accident or by the global warming alarmists and will start drilling for oil deeper than BP.
Offshore drilling moratoria cost jobs. Cuba’s exploratory rigs could start working next year just miles off the Florida coast: |
“Cuba is expected to begin drilling offshore for oil and gas as soon as next year with equipment that will go deeper than the Deepwater Horizon rig that exploded in the Gulf of Mexico, industry experts say.
The Spanish energy company, Repsol, which drilled an exploratory well in 2004 off the coast near Havana, has contracted to drill the first of several exploratory wells with a semi-submersible rig that is expected to arrive in Cuba at the end of the year, said Jorge Piñon, an energy expert and visiting research fellow at the Cuban Research Institute at Florida International University. He said the rig is expected to drill down 5,600 feet in an area about 22 miles north of Havana and 65 miles south of the Marquesas Keys. The development comes as 20 Cuban scientists joined their American and Mexican counterparts at the Mote Marine Laboratory in Sarasota this week to finalize a long-term marine research and conservation plan for the three countries. |
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Luis Alberto Barreras Cañizo, who led the Cuban delegation as a representative of Cuba’s Ministry of Science, Technology and the Environment, confirmed the plans for exploration. “Cuba needs to find its oil, it’s a resource Cuba needs,” he told the Bradenton Herald in an interview.
Environmentalists suggested the prospect of rigs just 45 miles from Florida’s coastline could intensify pressure for the Obama administration to engage in talks with its Cold War antagonist to prevent ecological damage. […] [I]t took Cuba time to secure a rig that didn’t violate the U.S. trade embargo against Cuba — which prevent vessels with more than 10 percent U.S. parts from operating in Cuba. He said the Italian rig, the Scarabeo 9, has a blow out preventer manufactured in the U.S. It is expected to drill as many as nine other wells off Cuba’s coast. |
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Green revolutionaries are destroying us! | |||
Posted in Economy, International, Left, USA-Florida | Tagged: Cuba, Economy, energy, Florida, Miami, Obama, Oil, Oil drilling | Leave a Comment »