Skip to comments.Oil is ‘the fuel of the past,’ says President Obama
Posted on 03/07/2012 2:14:01 PM PST by Free ThinkerNY
President Barack Obama on Wednesday dismissed oil as "the fuel of the past" as he made an unapologetic election-year pitch for his alternative energy industry policies and sniped at Republicans over painfully high gasoline prices.
"They get out on the campaign trailand you and I both know there are no quick fixes to this problembut listening to them, you'd think there were," he said at a Daimler Truck manufacturing plant in the battleground state of North Carolina.
Obama said that because the United States accounts for 20 percent of the world's consumption of oil but has only 2 percent of its petroleum reserves, "we're not going to be able to just drill our way out of the problem of high gas prices. Anybody who tells you otherwise either doesn't know what they're talking about or they aren't telling you the truth."
"Here is the truth. If we are going to control our energy future, then we've got to have an all-of-the-above strategy," he said in his speech. "We've got to develop every source of American energynot just oil and gas, but wind power and solar power, nuclear power, biofuels."
(Excerpt) Read more at news.yahoo.com ...
Bambi wants oil to be the fuel of the past for the USA alone — the rest of the world will happily continue to use it to their advantage.
Notice that they are drilling for oil in the Cuba area. With horizontal drilling techniques they will soon be tapping into our oil supply, but Bambi doesn’t care.
He must have read ANTHEM by Ayn Rand and said “hey, this society looks good”. I get to tell people they will be Street Sweepers!
Let’s see them shift Air Force One to solar power one of these days at 30,000 feet and see how she does.
1) Every one of his alternative energy source products requires PLASTIC, which is made from oil. When oil goes up, so does the cost of alternative energy.
2) EVERY POTUS can immediately lower the price of oil and gasoline simply by making a 100% positive-market announcement. Obama knows full well we don't need new exploration permits; we need new DRILLING permits and his adminsitration has blocked every one, including several already approved by Bush's DOE. All he'd have to do is say: "We're reversing course on Keystone, we're granting Shell that drilling permit and we're going to grant more drilling permits.
The next day, the price of oil and gas would fall. Markets are subject to psy-ops. If the POTUS sends a strong signal that we're ready to do whatever it takes, the markets will respond.
Every item including the people were delivered by fuel.
If he really meant that the would immediately order that Marine One and Air Force One be retrofitted to run on bio-fuels.
Why should it work for energy? It's not working as a political appointment strategy...
The original Fuhrer had a problem with "Jewish Physics," which was the nuclear physics that begat the A-bomb and the nuclear reactor. His idiocy arguably lost him the best scientific minds at precisely the moment when Germany needed them.
Obama might be doing the same thing with his "Green Energy" fantasy.
By telling these workers that oil is “the fuel of the past,” isn’t he telling them that their job is useless? That they will soon be unemployed?
brownshirt union thugs or the overzealous TSA, whichever comes first.
But oil is fine when it is burned by you and your elitist wife in the big US taxpayer’s aircraft for separate vacations, campaign tours, and Rat fundraising trips. Liberals like you, Obama, are always looking for things that offend you. YOU, OBAMA, OFFEND THE CITIZENS OF THE UNITED STATES!
Doubling down on the ‘second coming of Jimmy Carter’ thing I guess.
Jimmy Carter 2 - new and improved! Now with rhythm and a tan!
Correction: “The United States has 2.4 percent of the worlds “proven” oil reserves: that is, oil we know is there and can be pumped using existing technology”
This includes what is used now. Not from shale oil, undiscovered or protected-area oil fields, or undeveloped resources. We are the Saudi Arabia of coal and have truly vast natural gas resources that remain untapped, from under the Great Lakes down to the beds under Utah that were set aside by Bill Clinton.
0bama’s figures are therefore bogus on their face. It is not that we have 2% of the oil reserves in toto, let alone what we can recover using newer technologies, but rather that we have 2.4% of the oil reserves currently being used.
BTW, Rush covered this today. If you don’t believe me, research it for yourselves.
Isn’t Obama making enemies out of the CEO’s who made campaign contributions to him? Big Oil isn’t going to like this...
...delivered more than once I might add. From raw materials to finished products, we are dependent on fuel from oil until there is a deliverable replacement that is usable, affordable and available as gasoline is today, watch for it.
Try flying a 747 on solar. Try trucking fruit and vegetables across country in a wind mill powered semi. Ain’t ever gonna happen. Enviroweenies don’t put any thought into anything.
is that the crap he was telling the employees of the Mercedes truck factory in NC? Hope they have brains? Won’t take much brain, to figure out just what he is saying.
“They get out on the campaign trailand you and I both know there are no quick fixes to this problembut listening to them, you’d think there were”
I wouldn’t call THREE YEARS ‘quick’ and he hasn’t done a damn thing. He has shut down anything and everything that would FIX THE PROBLEM.
As if he hasn’t been on a perpetual campaign from the day he got elected. He is so above it all. /s
Uh oh...layoffs coming soon to Daimler Benz in North Carolina.
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