Gas Prices Are Necessarily Skyrocketing

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Gas from LI to LA

If you are concerned about the ever-increasing gas prices, don’t blame President Obama! But, let’s be clear, he is probably happy about it and we voted for him knowing this was one of his spoken goals.

Gas prices have doubled under President Obama. President Obama who said that under his cap & trade plan, energy costs would necessarily skyrocket is probably pleased with this turn of events. Cap & trade was rejected in Congress but the EPA is slowing putting the same regulations in, circumventing Congress. In addition, NYS has it’s own cap & trade system. Lucky us! Read about the gas prices here: Fox Nation

 

Director of the Lawrence Berkley National Laboratory, Steven Chu, Obama’s secretary at the Department of Energy, said in an interview that gas taxes should slowly be increased over the next 15 years in order to force people to turn to alternative energy sources.

“Somehow, we have to figure out how to boost the price of gasoline to levels in Europe,” said Chu.

In Europe, the price for a gallon of gas consistently hovers around $10 a gallon.”

Of course, it’s happening much faster and shutting down deep water drilling and banning nuclear cannot help. Read more here: the Daily Caller

 

One Harvard study has some good information on this topic and it was elaborated on in a NY Post article by Ben Lieberman of the Heritage Foundation’s Roe Institute:

President Obama has a solution to the Gulf oil spill: $7-a-gallon gas.

That’s a Harvard University study’s estimate of the per-gallon price of the president’s global-warming agenda. And Obama made clear this week that this agenda is a part of his plan for addressing the Gulf mess.

So what does global-warming legislation have to do with the oil spill?

Good question, because such measures wouldn’t do a thing to clean up the oil or fix the problems that led to the leak.

The answer can be found in Obama Chief of Staff Rahm Emanuel’s now-famous words, “You never want a serious crisis to go to waste — and what I mean by that is it’s an opportunity to do things that you think you could not do before….

 

Now the president is repackaging cap-and-trade — again — as a long-term solution to the oil spill. But it’s the same old agenda, a huge energy tax that will raise the cost of gasoline and electricity high enough so that we’re forced to use less.

The logic linking cap-and-trade to the spill in the Gulf should frighten anyone who owns a car or truck. Such measures force up the price at the pump — Harvard Kennedy School’s Belfer Center for Science and International Affairs thinks it “may require gas prices greater than $7 a gallon by 2020″ to meet Obama’s stated goal of reducing emissions 14 percent from the transportation sector.

Of course, doing so would reduce gasoline use and also raise market share for hugely expensive alternative fuels and vehicles that could never compete otherwise. Less gasoline demand means less need for drilling and thus a slightly reduced chance of a repeat of the Deepwater Horizon spill — but only slightly. Oil will still be a vital part of America’s energy mix.” Read the article here: Ben Lieberman, Roe Institute

 

 

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