Wanna see a guy with hair plugs appear utterly delusional? Watch this short 1:06 clip, then. Money quote: “Our Energy Policy’s the Best It’s Ever Been“. If the GOP has a lick of sense (and I have no reason to believe that they do), they will play this snippet over and over until November.
What, the algae isn’t coming along as swimmingly as The One thought it would? Anywho, details:
President Barack Obama and British Prime Minister David Cameron discussed the possibility of releasing emergency oil reserves during a meeting on Wednesday, two sources familiar with the talks said, the first sign that Obama is starting to test global support for an effort to knock back near-record fuel prices. Obama raised the issue during a broad bilateral meeting at the White House, according to a UK official with knowledge of the discussion.
The Strategic Petroleum Reserve is intended to buffer against supply problems in the case of a national emergency. In this case, we’ve identified what the “national emergency” really is, via NRO:
The “emergency” would seem to be Obama’s poll numbers. Then again, this seems to be a Democratic candidate tradition; Al Gore called for the same move while running for president in 2000.
Oil from the Strategic Petroleum Reserve has been sold five times in its history: Most recently in 2011 during the conflict in Libya; in 2005 after Hurricane Katrina; a sale of $227 million worth of oil during fiscal year 1996 to reduce the federal budget deficit; in 1990-1991 during Desert Shield/Desert Storm, and a small “test sale” in 1985.
I’m confused, though. Chairman Zero has been telling us that there’s nothing a president can do to affect oil prices. Then why bother doing this, if that’s true? Unless, of course, it’s not policy-based, but #ss-saving-based.
Exit question: If drilling is, as B.O. and his minions absurdly insist, a “faulty short-term solution”, then just what the h3ll is releasing drops from the oil reserve?
I don’t want to ever hear a liberal lament gas prices. When Uhhhhh-bama was running in 2008, he said he’d be totally cool with higher gas prices. So when a liberal complains about the cost of fuel, I’d simply remind them that B.O. is only sad that gas is at $4 and not higher.
Anywho, his environut Energy Secretary said he didn’t care about high gas prices. Of course, considering this is the same tool who said he wanted Europe’s ludicrous gas prices here, this should come as no surprise:
High gasoline prices will make research into such alternatives more urgent, Chu said.
“But is the overall goal to get our price” of gasoline down, asked Nunnelee.
“No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy,” 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.”
There you go. Just keep them tires inflated and get tune-ups, people.
Newt blasted Chu and had some career advice:
“President Obama must announce today in his Nashua address that he is firing Secretary Chu and replacing him with a pro-American-energy appointment,” said a statement from Gingrich, who cited a POLITICO story about Chu’s appearance before a House Appropriations subcommittee.
“If he doesn’t, then the American people will know the president is still committed to his radical ideology, which wants to artificially raise the cost of energy,” Gingrich added.
“Yesterday [Obama’s] secretary of anti-energy Dr. Chu literally testified in Congress that he did not favor lowering the price of gasoline, that they had no alternative policy to lower the price of gasoline and that his goal was to get us on to other things,” Gingrich said.
“Dr. Chu is apparently a brilliant scientist,” the Republican presidential hopeful said. “I’m for allowing him to go back to science as rapidly as possible. In fact I suspect the American people would chip in to buy the airplane ticket later on today.”
Oh, here’s a kneeslapper: Chu said he’s been a pretty awesome steward of our money, giving himself a good solid A-. Yeah…an A-minus:
CBS News counted 12 clean energy companies that are having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five have filed for bankruptcy: The junk bond-rated Beacon, Evergreen Solar, SpectraWatt, AES’ subsidiary Eastern Energy and Solyndra.
Throw in the Keystone Pipeline decision, and it’s clear that this administration is lethally hostile to American energy production.
Here’s the thing: These morons think that if gas gets too expensive, people will demand alternative energy. But here’s the thing: we HAVE been demanding alternative energy, since the Carter years (which seem to have apparently returned). But until alternative energy is mass available, fills our energy needs in the same or better ways as fossil fuels, and doesn’t cost us an arm and a leg, it is NOT going to happen! Driving up the cost of energy by refusing to increase domestic oil production is like refusing to get a job (boy, liberals can relate to that, huh?) because you’re waiting to win the lottery: stop wasting your time, because it isn’t going to friggin’ happen!
Please. For the love of God and all that is holy. Get his economic illiterate Marxist ideologue the hell out of our House come November.
Can the Republicans really screw this up in a year when gas will possibly hit $5? You better believe it.
Obama in SOTU: We partnered with private sector for electric car batteries. “Partner”: We’re filing for bankruptcy.
An Indiana-based energy storage company that received a $118.5 million stimulus-law grant from the Energy Department filed for bankruptcy Thursday.
Ener1 is asking a federal bankruptcy court in New York to approve a plan to restructure the company’s debt and infuse $81 million in equity funding. …
The Energy Department, in 2009, approved a $118.5 million stimulus-law grant for EnerDel, a subsidiary of the company that develops lithium-ion batteries used in electric vehicles. The grant was part of a broader program aimed at promoting the development of electric-vehicle battery technology.
President Obama touted the program in his State of the Union address this year.
“In three years, our partnership with the private sector has already positioned America to be the world’s leading manufacturer of high-tech batteries,” he said.
The company is now trading for $0.02 per share. That’s our money, going down the crapper for more “green energy” boondoggles.
Please get this jack#ss out in November…we can’t afford four more years of this idiocy.
President Obama said that he will delay his vacation and keep Congress in session until the passage of his desired payroll tax cut and unemployment benefits extension — two proposals that Obama said would create more jobs than the Keystone XL pipeline that his administration recently delayed.
“I would not ask anyone to do something I’m not willing to do myself,” Obama said when asked if he would go on vacation while keeping Congress in Washington D.C. “We are going to stay here as long as it takes [to get unemployment extended and pass the payroll tax cut].”
As Obama called for passage of those bills, he also responded to a recent Republican push to require him to approve the construction of the Keystone XL pipeline from Canada. “However many jobs might be generated by a Keystone pipeline,” he said, “they’re going to be a lot fewer than the jobs that are created by extending the payroll tax cut and extending unemployment insurance.”
Uh…whiskey tango foxtrot?
You’ve got a project that will actually create jobs, and this economic ‘tard is claiming that giving people money NOT to work, and extending tax cuts to people who are ALREADY at work, is going to create more than the zero jobs we know that it will?
Wow…just friggin’ “Wow!”
Obama’s crony capitalism fail: “green” energy company that got a half billion dollars of our money files for bankruptcy
Solyndra, a major manufacturer of solar technology in Fremont, has shut its doors, according to employees at the campus.
“I was told by a security guard to get my [stuff] and leave,” one employee said. The company employs a little more than 1,000 employees worldwide, according to its website.
Shortly after it opened a massive $700 million facility, it canceled plans for a public stock offering earlier this year and warned it would be in significant trouble if federal loan guarantees did not go through.
Well, fortunately, the leftist-in-chief had the foresight to keep taxpayer “stimulus” dollars away from this craphole. Or not.
Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said “it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. “
The federal government offered $535 million in low cost loan guarantees from the Department of Energy. NBC Bay Area has contacted the White House asking for a statement.
Huh. Seems like another “green jobs” boondoggle that blew up in his face. Go figure.
Obamanomics = Epic Fail.
Back in 2008, he promised that if he were elected, he would definitely jack up our power bills to combat the nonexistent threat known as global “warming” (or “climate change” when it’s -12 degrees outside).
Did you think he was kidding, America? If so, the joke’s on you:
Consumers could see their electricity bills jump an estimated 40 to 60 percent in the next few years.
The reason: Pending environmental regulations will make coal-fired generating plants, which produce about half the nation’s electricity, more expensive to operate. Many are expected to be shuttered.
The increases are expected to begin to appear in 2014, and policymakers already are scrambling to find cheap and reliable alternative power sources. If they are unsuccessful, consumers can expect further increases as more expensive forms of generation take on a greater share of the electricity load.
The story goes on to show that not only will people be forking money over to the power companies, but to city and county governments who will also be incurring costs that they aren’t going to be eating.
I can see the campaign slogan now:
“Higher gas and power prices. Higher unemployment. HIgher health care costs. Inflation. Insolvency. Obama-Biden 2012. You’re welcome.”
You. Must. Be. Friggin’. Kidding.
It takes mega-stones and mini-brain cells to do this:
While promoting his new cap-and-trade energy tax bill, which passed the U.S. House last week, President Obama revealed in a White House address on Monday his model for the nation’s economy – California. “In the late 1970s, the state of California enacted tougher energy-efficiency policies,” Obama said, noting that the state and its residents use less energy today per capita than the national average. “Think about that,” he said, “California producing jobs, their economy keeping pace with the rest of the country and yet they’ve been able to maintain their energy usage in a much lower level than the rest of the country.”
Uh…what? Californiastan “producing jobs”? Their “economy keeping pace with the rest of the country”? Is he serious?
And just how has Cali “been able to maintain their energy usage in a much lower level than the rest of the country”?
Between 2000 and 2007, before the current recession, the state shed nearly 21 percent of its manufacturing jobs, driving down its industrial electrical consumption by 21 percent. California’s industrial users pay electric rates twice as high as their Midwestern counterparts – which helps explain why so much heavy industry has fled the state. In addition to alienating its industry, California has also curbed energy use through exorbitant residential electric rates (50 percent higher than the national average) and massive net out-migration. Between 2005 and 2007, 2.14 million Californians moved to other states, while only 1.44 million people from elsewhere moved to the Golden State, according to the U.S. Census Bureau. Don’t be surprised when the 2010 Census finds even more people leaving to escape California’s 11.5 percent unemployment. And, as jobs and residents fled California, its tax revenues have declined, while its politicians went on a spending binge, creating a severe budget crisis.
“Hey, let’s emulate a state that is about to go bankrupt, that has resorted to paying with IOU’s, whose bond rating is trashed, that has endured rolling blackouts, that has unemployment at 11.5% (nearly two full points higher than the rest of the country), and that is financially stupid at all levels!”
The Hotel California: You can check out anytime you like, but you can never leave.
Here is but a small portion of the exchange between Steve Doocy of Fox and Friends and Carol Browner, Oprompter’s Energy Czar, on whether or not she’s read the cap-and-tax energy killer bill that the House passed last week:
STEVE DOOCY: “[I] know the bill is over 1,000 pages long. Have you have read it?”
CAROL BROWNER: “Oh, I’m very familiar with this bill.”
DOOCY: “Have you have read it?”
BROWNER: “We have obviously been watching this for a very long time. I am very …”
DOOCY: “I’m sure you’ve got an idea of it, but you have read it?”
BROWNER: “I’ve read major portions of it, absolutely.”
DOOCY: “So the answer no you haven’t read it. But you’ve read a big chunk of it.”
BROWNER: “No, no, no that’s not fair. That’s absolutely not fair.”
DOOCY: “No, I’m just asking you if you read the thousand pages.”
BROWNER: “I’ve read vast portions of it.”
Got that? Asking the “Energy Czar” if she read the bill of which she’s a huge proponent is “not fair”! Thanks for the clarification, Carol.
By the way, here is a service I’m providing for you, my loyal readers, free of charge (you’re welcome): a translation from Beltway-ese to English. Translation in bold:
“Oh, I’m very familiar with this bill.” (“I first heard about it on MSNBC the night that it passed. It gave Chris Matthews a thrill up his leg.”)
“I’ve read vast portions of it.” (“I’ve read more of it than any member of Congress did…which is to say, I read the bill’s title, and that’s it.”)
We’re in good, capable hands with our nation’s energy infrastructure, folks. For those of you on the left, the prior sentence was sarcasm.
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