Obama in 2008, not caring if gas prices go higher. We need to use alternatives and get more efficient cars.
Jan 2008 – no drilling offshore and tax those oil companies –
Inflate your tires – August 2008
My plan makes electricity necessarily skyrocket – Jan. 2008
My plan will bankrupt the coal industry – Nov. 2008
March 2009 – Drill in Brazil –
July 2009 – Chu says paint your roof white –
April 2011 – Lie about how much gas we have and how much we produce.*** Tells man with 10 children to get a hybrid van.
2012 – This administration wants gas prices up –
2012 – Energy Secretary Chu – no, the goal is not to get gas prices down –
2012 – After three years of research, Obama felt rushed and rejected the Keystone pipeline (he has also stopped offshore drilling, rejected or slowed permits for any type of fossil fuel energy projects, stops Shell in Alaska and sends Exxon to Russia) –
2012 – It’s all about the algae (fantasy land) –
2012 – Algae is the answer –
The following nasty comment by our President falls a little flat –
2012 – “Ed, just from a political perspective, do you think the President of the United States going into re-election wants gas prices to go up higher? Is that — [turning to the rest of the press corps] is there anybody here who thinks that makes a lot of sense? Look, here’s the bottom line with respect to gas prices: I want gas prices lower because they hurt families.” ~ Barack Hussein Obama
Uh, Duh, Yeah, of course you want them to go up!!!
***FoxBusiness: For simplicity, we’ll call it Obama’s big oil lie because that’s what it is.
They’re only counting proven oil reserves.
The truth is that 2% oil reserves figure is whatever the government says it is.
Here’s the official definition from the non-partisan Congressional Research service.
Proven reserves are: “certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions.”
The key word there is “existing” conditions.
The U.S. has around 20 billion barrels in proven reserves, but the amount of undiscovered so called “technically recoverable” oil is over seven times that.
Those are the government’s own figures!
And we can get that oil using today’s technology. In fact, the U.S. has nearly 1.5 trillion barrels of oil.
That’s enough to fuel the present needs in the U.S. for around 250 years, according to the Institute for Energy Research.
Former President of Shell Oil on FBN earlier today on how we could easily get back to producing 10 million barrels a day:
“The best source for new oil is the world’s largest consumer economy: this country. We could go back to 10 million barrels if we had the permitting that would enable it to happen. We have the oil. There is more oil in this country that we’re not allowed to get at than oil we’re allowed to get at.”
But much of the oil is off limits thanks to the policies of this President:
-The outer Continental shelf.
-The Arctic National Wildlife Reserve in Anwar.
-And Shale Oil where the United States has the largest deposits in the world estimated by the government to be over 2 trillion barrels.
Even when the production is not in this country, the President will do anything he can to stop it, like blocking the Keystone pipeline.
Also, what the President is refusing to acknowledge is the United States is in the middle of an oil boom thanks to new technology like deep-water drilling in the Gulf of Mexico.
So the President needs to stop with the 2% lie.