Yes, Obama does want high gas prices

Spread the love

Loading

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.”

More here

0 0 votes
Article Rating
Subscribe
Notify of

1 Comment
Inline Feedbacks
View all comments

So they want to bring down the cost of batteries. So we can go home and charge our coal powered cars? Europe and Japan have had high gas prices for years and I don’t see any viable alternatives coming from either place. No algae or wind powered cars there. High fuel prices are not going to lead to a magic fix. Funny how I see a lot or Pruis bumpers with ribbons on them. Guess the owners don’t realize just how harmful to the environment the nickel hydride batteries they contain are.