Does Obama enjoy high gas prices?
In an effort to alleviate the headache that is caused whenever our president talks about all the economic progress we’re making (all because of his super-smart policies), I will be reminding my substantial readership that we’re still not doing very well. And at least some of the reasons why are our president’s policies.
First, gas prices. They’re high, and getting higher. Now, I’m not one of those crazy conservatives who thinks Barry is purposefully doing stuff to increase gas prices. After all, he’s just one man; and increasing the supply of oil can only be done by obscenely rich people with big drills. (calm down. it’s called sarcasm). However, when I read statements made by his energy secretary, I have to wonder…
‘But is the overall goal to get our price’ of gasoline down, asked [Rep. Alan] Nunnelee.
‘No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy,’ [Energy Secretary] Chu replied. ‘We think that if you consider all these energy policies, including energy efficiency, we think that we can go a long way to becoming less dependent on oil and [diversifying] our supply and we’ll help the American economy and the American consumers.’
In other words, the administration has no interest in doing anything to lower gas prices. Instead, it believes giving additional subsidies to failing solar manufacturers and exploding electric cars is a better alternative to increasing the supply, and therefore decreasing the price, of stuff that actually works. Don’t believe me? Well, this is the same president who, during his campaign, stated that his desired cap and trade policy would make coal-generated electricity so expensive that no one could afford to use it. Of course, his cap and trade idea didn’t work so well when it came time to vote on it, once everybody figured out there’s no realistic energy substitute to fill the void.
Back to oil. The administration, and the left, want everyone to believe that there is nothing they can do to lower oil prices (it’s all those speculators after all). Of course, this argument is undercut by the left’s simultaneous request to release some oil from America’s Strategic Oil Reserve. Why would that work? Because it would increase the supply of oil for a short time, thereby reducing the price. Know what else would increase the supply of oil, except for the long term? Drilling for it. And as it turns out, we’re sitting on quite a bit of recoverable oil. Bottom line: whether the prez cares about high gas prices or not is irrelevant, because he’s making no effort to do anything about it. However, I predict that he will release some oil from our Reserves…just in time for the November elections.
Next topic: agriculture.