Chu On This!!!!!!!!!!!!!

[Mike]

Mad About High Gas Prices? Then Chu On This

Investors Business Daily
Posted 02/29/2012 06:45 PM ET


Gasoline: As pump prices hit $4 a gallon, Energy Secretary Steven Chu admits the administration has no interest in bringing them down. Is it any wonder Democrats are growing increasingly agitated with this White House?

At a hearing this week, Rep. Alan Nunnelee, R-Miss., specifically asked Chu if "the overall goal" of the administration is to "get our price down." Chu's answer was no.

In fact, he said that "somehow we have to figure out how to boost the price of gasoline to the levels in Europe," which are in the neighborhood of $8 a gallon.

No, wait. That's what Chu said about gasoline prices back in 2008, shortly before he took the Energy Department's helm. What he really said was "the price of gasoline over the long haul should be expected to go up."

Oops! That's what Chu said last year when asked about gasoline prices. Here's his answer: He "would have preferred a gradual increase" in prices.

Darn! That was Barack Obama talking about energy costs during his presidential run.

Chu's actual answer fits right in with this mold. No, he said, the overall goal of the Obama administration is not to get prices down; the overall goal is "to decrease our dependency on oil."

This has been a mantra of Obama's for years: There's nothing anyone can do about gasoline prices, so the only option is to find "alternative" fuel sources.

It's total bunk. Recoverable oil has never been more plentiful, as the industry finds new sources and develops new drilling technologies. The oil boom in North Dakota is proof enough of that.

In fact, according to the Institute for Energy Research, there's enough oil within our borders to supply our fuel needs for 250 years.

The problem is the country has put itself in an energy straight-jacket, in deference to environmental groups who challenge any and every effort to tap new oil supplies.

This situation predates Obama, but the fact is he's done nothing to reverse it and much to make it worse. Indeed, he gives every indication of relishing high gasoline prices, since they help power his environmentalist agenda.

But now even some Democrats — sensing a political disaster in the making — are starting to put pressure on the president to confront pump prices head-on. That's unlikely to happen, at least not as long as Obama keeps taking advice from Secretary Chu.

 

[Sandhusker]

The libbies defense of this comment will be interesting.

 

[hopalong]

BUSH"S fault!! ask oldtimer.

 

[Tam]

There is no defence of this so you will never see one of those hiding behind the curtain of shame stick their nose out to even try. They may stick it out to distract the topic by rudely attacking someone but don't let them. STAY on the topic, PLEASE don't attack back as if you do they win and this thread will end like all others. THE TOPIC NOT BEING DISCUSSED. If they show up just keep asking for an explanation to how they can support this kind of indusrty manipulation to push an agenda that is not viable and will not be for decades.

 

[Tam]

Obama must have taken Chu to the wood shed and had a serious talk about his gaffe of letting out the secret on their TRUE agenda of wanting high gas prices to force use of their chosen energy source, as Chu backtracked and told the Congress he wants to lower gas prices. I call B*ll sh*t as he said back in 2008 before he was confirmed he wanted $8 gas to lessen demand on it so people would look elsewhere for energy.

Obama can't afford to have his Energy Sec letting the secret out now when he is campaigning that they have done everything possible to bring down the price and the spike is the blame on things out of their control.

Carney didn't even seem to know who Chu was yesterday when he was asked at a press breifing about Chu saying it was not the Administrations goal to lower Gas prices it was just the opposite.