President Obama has spent a significant amount of time telling Americans that increasing domestic energy production won’t lower energy prices. The lone exception to that is this administration’s touting the benefits of green energy and the jobs it creates.
Militant environmentalists insist that conservation is the key to energy independence. What’s interesting is that they don’t argue that conservation is the key to lower energy prices. Right now, we need cheaper energy to strengthen the U.S. economy.
A couple weeks ago, this administration begged the Saudis to produce more oil. After they implored the Saudis to produce more oil, Anti-Energy Secretary Steven Chu committed a gaffe by saying that increased Saudi production might lead to lower gas prices.
He’s right. It might. That’s the definition of a gaffe: accidentally telling the truth at an inopportune time.
Why would increasing Saudi oil production lower gas prices but increasing U.S. oil production have little effect on gas prices? This administration hates fossil fuels and the people manufacturing it.
- Why didn’t President Obama greenlight the Keystone XL Pipeline? It was a no-brainer decision that every industry expert supported.
- Why didn’t President Obama increased permitting to increase domestic energy production?
- Why hasn’t this administration offered proof that bigger margins between oil production vs. oil use resulted in higher gas prices? A: Because every time oil production outdistances oil use, gas prices drop, then stabilize.
- Why hasn’t this administration implemented policies that will drop energy prices? Doesn’t this administration care how much their policies hurt families, especially people whose wages have gotten cut or who are underemployed?
It’s shameful that President Obama’s energy policies have hurt the working poor and the underemployed, especially when President Obama’s stump speech includes the line “Everyone does better when everyone does better.” That’s in the speech to rationalize income redistribution.
Unfortunately, President Obama’s policies haven’t helped people find employment or achieve prosperity. They never will because President Obama’s policies are geared more toward rewarding political allies than creating prosperity.
That’s why President Obama needs to be fired this November. We can’t afford 4 more years of economic disaster. We need a return to free market capitalism.