Skip to comments.Economic Suicide (Obama Drilling Ban)
Posted on 03/13/2010 4:09:45 PM PST by raptor22
Future Fuels: Our secretary of energy pushes bio-refineries and windmills to oil executives at an energy conference as the administration announces a three-year offshore drilling ban. This is a policy for economic suicide.
They don't qualify as an official group of victims, but carbon-Americans, as they have been called, did not have much to cheer about last week, when Energy Secretary Steven Chu addressed CERAWeek 2010, a premier industry conference hosted by IHS Cambridge Energy Research Associates.
With an economy struggling to regain sound footing, Chu advocated a starvation diet devoid of additional fossil fuels that are to remain under the ground and seabed. Instead, he supports 53% more funding for wind research and a 22% jump for solar research.
(Excerpt) Read more at planetgore.nationalreview.com ...
Obama should be imprisoned for treason. He seems to be doing any and everything in his power to destroy the U.S.
Every day this guy gives me yet another reason to hunker in my bunker, spend as little money as possible, not hire anyone for my business ventures and keep every dime I can out of the hands of Government.
I have always been this way, but I am now ‘doubling down’ thanks to him.
Remember all the damage Carter did to America in four short years? We may never recover from 0bama.
This is a nothing more than a cult belief:
Pray for America
I am for the Going Galt lifestyle myself.
I have not always been this way, but I am now and will continue for as long as the socialist is in power - forever if his legacy lasts.
Like most of us know what but don’t have the guts to do so we will wait to see what can happen in November, wait to see what happens when the next Congress convenes, wait until 2012. Wait to see what we have left to work with.
The whole intent is to drive up the price of oil in order to make “alternative energy” more cost effective. Stupid is as stupid does.
I am not sure about saving every dollar you can. Todays dollar will be worth 98 cents next month, 96 cents a few months after that. The value of the dollar is declining. Buy now what you need because it will cost more next month.
Buy your stuff now for the bunker.
As for keeping as much from the Government as possible, I agree!!
Yes, and he was actually trying to do the right thing.
Heaven save us from TOTUS!
We must use every political tool we have to stall or kill every piece of legislation Obama Pelosi and Reid want until a new Congress can be seated. At that time there is a very good chance we will control both houses and can block everything Obama is trying to do.
I don’t think that is what that said.
We’ll certainly send him a message in November and send many of his cronies packing!
You got that right. Zero said the price of energy would necessarily skyrocket under his policies in order to make alternative energy appear more competitive.
“I am not sure about saving every dollar you can. Todays dollar will be worth 98 cents next month, 96 cents a few months after that. The value of the dollar is declining.”
Yes. I know. That’s why I have gold and silver. And lead. :)
“Buy now what you need because it will cost more next month.”
Gasoline crept up to $2.77/gallon here this week. Survey says it’ll be back to $3.50 a gallon by summer.
By mid-June 2010 inflation is predicted to take off, possibly hitting 4.5%, so doing some smart stocking up right now would be prudent. :)
Chu’s choo-choo has gone chugging ‘round the bend!
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