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Barack Obama’s Seven-dollar-a-gallon Gas Ambitions
The New American ^ | Monday, 09 May 2011 | Selwyn Duke

Posted on 05/09/2011 9:47:53 AM PDT by Paladins Prayer

“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,” said Steven Chu — the man Barack Obama would ultimately tap to be energy secretary — in September 2008. He was explaining to The Wall Street Journal that higher energy prices are the centerpiece of the Left’s energy overhaul. Well, I don’t know if they’ve figured out the Euro-boost yet, but we are halfway to Vienna. Now, while I’m sure Barack Obama would love it if gas prices declined until November 6, 2012, there’s every reason to believe he shares Chu’s sentiments. And if the fact that he hired such a man in the first place isn’t enough for you, consider his campaign-trail implication that he wouldn’t have a problem with four-dollar-a-gallon gas (hey, it won’t cramp his lifestyle. Golf, anyone?). Consider also that he’s quite willing to subordinate the satisfying of energy needs to symbolic environmental deeds. For example, in 2008, he told the San Francisco Chronicle that his policies would bankrupt the traditional coal industry and said “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket [emphasis added].” It’s amazing what comes out of his mouth — even on the campaign trail — off Teleprompter.

Given this attitude, it’s not surprising that oil rigs, denied permits to drill by the Obama administration, have been leaving the Gulf of Mexico for foreign shores. And don’t expect to see them back anytime soon, either. After all, moving a Walmart-size rig is no small feat, and not all countries have a national death wish that causes the afflicted to kill the golden goose like ghetto criminals who ensure that businesses will leave their neighborhoods.

(Excerpt) Read more at thenewamerican.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: centralplanning; cluelessrookie; gas; greengoblins; industry; obama; oil; socialistjoker
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Read this article tot he end. The end has a very interesting point about why liberals adopt policies that make people suffer.
1 posted on 05/09/2011 9:47:55 AM PDT by Paladins Prayer
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To: Paladins Prayer

$7 may be a bit low, unfortunately


2 posted on 05/09/2011 9:48:40 AM PDT by therightliveswithus
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To: Paladins Prayer

$7 may be a bit low, unfortunately


3 posted on 05/09/2011 9:48:42 AM PDT by therightliveswithus
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To: Paladins Prayer

if you get our price to $7 in Europe it will be $13....you morons!


4 posted on 05/09/2011 9:51:13 AM PDT by Buckeye McFrog
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To: therightliveswithus
If everyone started driving more efficient vehicles, I would bet the gas prices would go higher. Gas companies need to keep their profit margins up. If they sell less gas, they will charge more for what they do sell and the same would go for the taxes on the gas. The government will not lose money just because less gas is sold.
5 posted on 05/09/2011 9:53:45 AM PDT by RC2
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To: Paladins Prayer

6 posted on 05/09/2011 9:54:00 AM PDT by Seeking the truth (0cents.com - Obama Gas Policy stuff here!)
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To: Buckeye McFrog

As I tell people at the gas pumps who complain to me about the price of gasoline.
“If it takes these high prices to make people quit mindlessly voting for Democrats without thinking about it, then I will gladly pay it.”


7 posted on 05/09/2011 9:55:23 AM PDT by Wooly
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To: Paladins Prayer
Why hasn't the RNC and whoever is running that thing these days making an ad with this quote.

This new RNC guy sure isn't making much of an impression, good impression that his.

8 posted on 05/09/2011 9:59:23 AM PDT by TexasCajun
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To: RC2
The government will not lose money just because less gas is sold.

No. The Gov't will simply raise a new tax on the efficient vehicles like is already being discussed for hybrid's.

9 posted on 05/09/2011 10:01:29 AM PDT by Michael Barnes
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To: Wooly

Love your reply! Do you ever get negative reactions?


10 posted on 05/09/2011 10:02:11 AM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: Paladins Prayer

FUBO

11 posted on 05/09/2011 10:02:29 AM PDT by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: TexasCajun
There is an RNC still around?
Funny, have not heard a peep out of them in months.
12 posted on 05/09/2011 10:03:14 AM PDT by Michael Barnes
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To: Paladins Prayer
Obama’s energy policies are so nationally destructive (I would say self-destructive, but I don’t think Obama identifies with America enough to make this characterization valid) that they have given rise to the darkest suspicions. Many wonder, “Is he actively trying to undermine our nation?”

[When does policy become treason?]

Image and video hosting by TinyPic

It's not easy being green when you're red on the inside.

13 posted on 05/09/2011 10:05:47 AM PDT by newheart (The trouble ain't too many fools, but that the lightning ain't distributed right. -Mark Twain)
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To: newheart

“[When does policy become treason?]”

I think it already is. When you look at the big picture of what has been done since FUBO took power, it appears that nearly every policy has been detrimental to our country. You would expect an ordinary president to make some bad judgments, but it is no accident that nearly everything he does works against us. The question is, what are Americans going to do about it? Obama will continue with impunity until the streets boil over with rage.


14 posted on 05/09/2011 10:16:03 AM PDT by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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To: Paladins Prayer
Assume for a moment that boosting gas prices to $7.00/gallon gas were a useful policy goal. That still leaves the question, of how to achieve that goal.

BHO is restricting domestic supply (no drilling), in order to increase prices, and (he says) encourage people to reduce demand. That might actually make sense (to the extent that the goal makes sense), if the U.S. weren't importing so much crude, with borrowed money. And, if you weren't buying so much of your crude from hostile regimes.

Another way to get gas to $7.00/gallon would be to add about $3.00/gallon in taxes. (I know, I know — taxes!) The resulting reduction in demand might actually help lower the world price of crude — not that consumers would notice. The U.S. government could use the new gas tax revenue to reduce other taxes (well, they could — with a Democrat government there would probably just be more spending. Meanwhile, less money is being borrowed to buy foreign oil & the tax revenue stays within the borders of the U.S.A (for a few moments, at least).

The tax increase option (vile as taxes are) would do the least harm to the U.S. economy — while reducing (rather than drastically increasing) the amount of money sent overseas to (often) hostile regimes. Money that you have to borrow from other hostile regimes.

Of course, if BHO persists in policies designed to skyrocket the price of crude; you won't hear much complaining from these quarters (Canada). Thanks very much for the windfall, folks. Despite the possibility of a short-term windfall; many of us Canadians would rather see a strong, healthy U.S. economy. Boosting local oil supplies is more likely to get you there (in the near term at least) than shutting down the oil industry, and subsidizing “green” energy.

15 posted on 05/09/2011 10:28:47 AM PDT by USFRIENDINVICTORIA
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To: ArrogantBustard
Obama's War on Oil

"If you want the lower gas prices, lower oil prices, and lower energy prices necessary for a booming economy, you are going to have to get yourselves another President. "

http://spectator.org/archives/2011/05/04/obamas-war-on-oil/

FUBO indeed

16 posted on 05/09/2011 10:29:55 AM PDT by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Paladins Prayer
“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,”

Why?

Does everyone Europe drive electric cars due to the price of gas? No, they still drive conventional gas vehicles.

If high gas prices haven't driven Europe to develop alternative energy, why would it cause the USA to do so? It won't.

So what is the benefit (even from the liberal standpoint) of high gas prices?

17 posted on 05/09/2011 10:31:36 AM PDT by Brookhaven (What do Pres. Eisenhower, Hoover, Taft, Grant, Taylor, & Washington have in common?)
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To: FReepers
Click The pic to Donate


Don't let FR fade away! Donate.

18 posted on 05/09/2011 10:31:56 AM PDT by RedMDer (restoration of our honor, dignity, and freedoms will save America. - Sarah Palin)
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To: USFRIENDINVICTORIA

Taxes make Chicago gas prices nation’s highest

http://www.freerepublic.com/focus/f-news/2711332/posts

well, that’s weird.


19 posted on 05/09/2011 10:32:15 AM PDT by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Paladins Prayer

Don’t folks in da hood buy gasoline?


20 posted on 05/09/2011 10:44:24 AM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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