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Thursday, March 1, 2012

Higher gas prices was a goal of the Obama regime, electricity too

Remember the fools talking about how they were going to get refrigerators and not have to pay rent, etc., after Obama was elected…

Energy Secretary Chu Admits Administration OK with High Gas Prices

By Mark Whittington | Yahoo! Contributor Network – 20 hrs ago

COMMENTARY | President Barack Obama's Secretary of Energy Stephen Chu uttered the kind of Washington gaffe that consists of telling the truth when inconvenient. According to Politico, Chu admitted to a House committee that the administration is not interested in lowering gas prices.

Chu, along with the Obama administration, regards the spike in gas prices as a feature rather than a bug. High gas prices provide an incentive for alternate energy technology, a priority for the White House, and a decrease in reliance on oil for energy.

The Heritage Foundation points out that hammering the American consumer with high gas prices to make electric and hybrid cars more appealing is consistent with Obama administration policy and Chu's philosophy. That explains the refusal to allow the building of the Keystone XL pipeline and to allow drilling in wide areas of the U.S. and offshore areas.

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