Posted on 05/05/2011 10:10:41 AM PDT by BenLurkin
Steven Chu, Obama's energy secretary, has called for higher and higher gas prices to force citizens to buy more fuel-efficient vehicles and live closer to work. "Somehow, we have to figure out how to boost the price of gasoline to the levels in Europe," Mr. Chu was quoted as promising. By the way, Mr. Chu's goal would equate to $7-$8 per gallon.
Sure enough, the Obama administration has slowed down or stopped the future development of most of the vast U.S. energy reserves, onshore, offshore and in Alaska.
That is despite the fact that the United States' oil shale deposits, primarily in Colorado, Wyoming and Utah, are tremendous, more than three times larger than the proven oil reserves of Saudi Arabia. The U.S. Geological Society estimates that Arctic Alaska has technically recoverable resources of approximately 30 billion barrels of oil, 6 billion barrels of natural-gas liquids, and 221 trillion cubic feet of conventional natural gas. Furthermore, the outer continental shelf of the United States is estimated to contain 86 billion barrels of oil and 420 trillion cubic feet of natural gas.
As President Barack Obama joked while speaking at a foreign-owned wind-turbine plant in Pennsylvania, "If you're complaining about the price of gas and you're only getting 8 miles a gallon, you know — you might want to think about a trade-in."
(Excerpt) Read more at livingstondaily.com ...
FUCHU!
I’m thinking about a trade-in, but not of trading in a car, I hope all Americans share my sentiments.....’nuff said.
Can’t WAIT to trade HIM in.....
Wow. Reading this makes one want to weep. Buy more fuel efficient cars? So many people are wondering where they will get the money to drive to work so they can feed themselves and their family. This admin is polluted with Marie Antoinettes.
Barack Obama: “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” (January 2008)
http://www.youtube.com/watch?v=HlTxGHn4sH4
God Damn them to hell forever.
It is beyond me why the Republican Party is not broadcasting these quotes from one end of the country to the other. The election would be over right now. Seriously, what else do they need?
Wouldn’t it be awesome if we all put one of those stickies on the pump every time we got gas?
“This admin is polluted with Marie Antoinettes.”
The solution to that problem worked quite well, IIRC.
"Let them eat cake."
"Let them eat cake."
Steven Chu: “I didn’t really mean that. I just lost my head!”
bump for disbelief!
At best Chu is an idiotically provincial urbanite, who assumes that what would be good in the cities he has lived in — shifting from private automobile use to mass-transit — would be good for the whole country.
At worst, Chu actually has a hatred for those who farm, mine, or for any other reason live in rural America, where high fuel prices are an unmitigated disaster.
Either way, he seems oblivious to the wisdom once express by William Jenning Bryan,
“Burn down your cities and leave our farms, and your cities will spring up again as if by magic; but destroy our farms and the grass will grow in the streets of every city in the country.”
The sticky-notes are showing up on supermarket shelves as well as gas pumps. This could really catch on.
High gas prices will further kick the economy in the groin and end all hope for Obama’s reelection. How they don’t see this is baffling.
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