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Obama's Double Talk on Sky-High Gas Prices
Investor's Business Daily ^ | 2/21/12 | IBD Staff

Posted on 02/22/2012 5:32:11 AM PST by IBD editorial writer

Energy: When gas prices hit $4 a gallon in 2008, candidate Barack Obama said it was due to previous failed energy policies. Now that prices are heading still higher, President Obama calls it progress.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; Government; Politics/Elections
KEYWORDS: energypolicy; gasprices; obama

1 posted on 02/22/2012 5:32:21 AM PST by IBD editorial writer
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To: IBD editorial writer

it is progress, because that is his goal. he wants to further cripple the economy.


2 posted on 02/22/2012 5:34:26 AM PST by television is just wrong
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To: IBD editorial writer

It absolutely doesn’t matter what Obama says. The media will spin it, polish it, put a bow on it, and present it to the public as if it were passed down from on high.


3 posted on 02/22/2012 5:35:13 AM PST by brownsfan (Aldous Huxley and Mike Judge were right.)
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To: television is just wrong

Exactly


4 posted on 02/22/2012 5:43:39 AM PST by knarf (I say things that are true ... I have no proof ... but they're true)
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To: brownsfan

This can be countered very easily. All that is needed is “thank you, president Obama, for the $5/gal gas” stickers to be posted on the nozzle.

Give credit where credit due.


5 posted on 02/22/2012 5:46:56 AM PST by The_Media_never_lie
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To: brownsfan

Tomorrow when he starts lying just remember the following...

On Jan. 26, during a speech in Las Vegas, President Obama said, “We’ve opened millions of new acres for oil and gas exploration. Right now, American oil production is the highest that it’s been in eight years. Eight years. Last year, we relied less on foreign oil than in any of last 16 years. We’re moving in the right direction when it comes to oil and gas production.
“And today, I’m announcing that my administration will soon open up around 38 million acres in the Gulf of Mexico for additional exploration and development, which could result in a lot more production of domestic energy,” he added.
But, are these really “new” acres for oil and gas exploration and production? The acres are not new according to the National Oil Industries Association (NOIA).
“We’re pleased to hear that the long delayed Central Gulf of Mexico sale will finally occur in June. Sales are an essential step in providing much needed American jobs and energy, not only in the Gulf of Mexico, but across the country,” said Randall Luthi, NOIA president.
“However, this sale has been on the books since 2007 under the current five-year plan. It’s nothing new, nor is the claim that 75% of the resources on the OCS are open to development. It is just smoke and mirrors to hide the fact that we’re still exploring in the same areas we have been for the past 30 years,” he emphasized.
On the Dept. of the Interior’s website, it was noted that the agency manages 1.7 billion underwater acres of Outer Continental Shelf. Let’s see, 75% of that is 1.27 billion acres. And, Pres. Obama was bragging about 38 million acres (2.2%) in the Gulf of Mexico. And, most of that acreage has been offered multiple times.


6 posted on 02/22/2012 5:54:29 AM PST by Recon Dad (Gas & Petroleum Junkie)
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To: IBD editorial writer
"Offshore drilling," he said, "would not lower gas prices today, it would not lower gas prices next year and it would not lower gas prices five years from now."

This is the biggest lie among many whoppers coming from the ineptocracy we have in Washington.

If we elected someone who would reverse Obama's energy-strangling policies, over-night you would see the benefits of the futures speculation on oil. Crude prices would go down some immediately and a lot over time. With fast-tracking the issue of permits, rigs could be erected in a matter of months. With the new extraction technologies, we have massive amounts of crude on our lands and off our shores.

The argument that we shouldn't do this because "it will take a long time" is disingenuous in the extreme, and displays child-like reasoning.

7 posted on 02/22/2012 5:57:23 AM PST by wayoverontheright
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To: IBD editorial writer

Might higher gas prices might pay for UAW profit sharing bonuses for years to come?


8 posted on 02/22/2012 5:59:51 AM PST by equaviator
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To: IBD editorial writer

Too bad someone doesn’t expose Obama’s flip flop on this issue in a campaign ad. The MSM will never report the truth.


9 posted on 02/22/2012 6:00:06 AM PST by The Great RJ ("The problem with socialism is that pretty soon you run out of other people's money" M. Thatcher)
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To: wayoverontheright

If only, back in 2007, we had drilled when the no-drill excuse was that it would take 5 years to reap the price benefits so it isn’t worth it.


10 posted on 02/22/2012 6:01:02 AM PST by wolfman23601
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To: The Great RJ

I know this will hurt many middle to low income Americans but I will pay more at the pump, grocery Store and many items if this is Obama’s Waterloo.


11 posted on 02/22/2012 6:03:44 AM PST by scooby321
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To: IBD editorial writer
I can already hear what he's going to say.

"It's Bush's fault. If Bush had started raising to cost of gasoline back in 2001, we could be at nine dollars a gallon right now and I wouldn't have to be taking the heat."

12 posted on 02/22/2012 6:17:33 AM PST by FlingWingFlyer (It's time for the DemocRAT voter base to start paying their "fair share" of taxes.)
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To: IBD editorial writer

Hypocrisy, schmipocrisy.

When is our side going to stop accepting the premise that what the left presents as “their side” of any issue really has anything to do with their agenda?

Do not answer a fool according to his folly,
or you will be like him.

If only you’d use these contradictions, not just to point out their “hypocrisy”, but GO DEEPER and actually STATE that “the issue isn’t the issue”. Because of their positions “then” and “now”, they’ve proven that fact.

Then GO ON to point out what their agenda must be,
simply advancing their own power over other people’s lives.


13 posted on 02/22/2012 6:23:13 AM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: IBD editorial writer
Inside the rat brain:

In order to accomplish (insert goal), it would require (insert number) year(s), ergo, we will not even begin because it would take too long.

14 posted on 02/22/2012 6:28:31 AM PST by JPG ("I am pledging to cut the deficit we inherited by half by the end of my first term in office." BHO)
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15 posted on 02/22/2012 6:31:55 AM PST by deoetdoctrinae (Gun-free zones are playgrounds for felons)
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To: JPG

I call it “contemporary bias”.

I had the funniest conversation with a lib-in-law one day,
and it wasn’t concerning politics, but food research.

She stated that “any research that is over 5 yrs old is worthless and wrong”.

“umm... do you see a problem with this? Doesn’t that mean that the information we’re relying on today will be, and more importantly, IS, worthless and wrong, if viewed from 5 yrs from now?”

“but it’s right today.”

I guess it’s a combination of the rejection of objective truth and contemporary bias.


16 posted on 02/22/2012 6:36:20 AM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: IBD editorial writer
the obozo is calling it rain when he is peeing in our faces
17 posted on 02/22/2012 6:55:37 AM PST by drypowder
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To: IBD editorial writer

F U B O


18 posted on 02/22/2012 7:22:33 AM PST by ▀udda▀udd (7 days - 7 ways a Guero y Guay Lao << >> with a floating, shifting, ever changing persona)
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To: IBD editorial writer

19 posted on 02/22/2012 7:28:42 AM PST by SparkyBass
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To: wolfman23601
The arrogance of this ass clown is unbelievable. He can never take responsibility for anything bad that happens on his pathetic watch. He can only win a second term if there are enough mindless morons who can't see through his ridiculous lies.
20 posted on 02/22/2012 8:01:07 AM PST by peeps36 (America is being destroyed by filthy traitors in the political establishment)
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To: IBD editorial writer

When gas prices hit $4 a gallon in 2008, candidate Barack Obama said it was due to Bush allowing the UFO’s going untaxed.
Obama has gone from stupid to flat our crazy.


21 posted on 02/22/2012 8:01:21 AM PST by Vaduz
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To: television is just wrong

Since he wants you to start driving a Volt and taking a train to work, he views this as progress.


22 posted on 02/22/2012 8:24:54 AM PST by Buckeye McFrog
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To: scooby321
I know this will hurt many middle to low income Americans but I will pay more at the pump, grocery Store and many items if this is Obama’s Waterloo.

Me too....

Just think of it as a contribution to whomever becomes the GOP candidate.

23 posted on 02/22/2012 8:40:34 AM PST by spokeshave (Mitt will release his tax returns when 0bambi releases his Birth Certificate and grades)
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To: IBD editorial writer

Sorry Barak, but YOU OWN It!!!!!!!!!!!


24 posted on 02/22/2012 9:19:24 AM PST by CPT Clay (Pick up your weapon and follow me.)
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To: Buckeye McFrog

fubo, i’m not turning in my caprice or lucerne to get a volt or prius or hop on the light rail, you are going down! electorally this november, or staring down the barrel of a tank division because America will not tolerate you anymore!


25 posted on 02/22/2012 10:14:41 PM PST by Schwaeky (The Republic--Shall be reorganized into the first American EMPIRE, for a safe and secure Society!)
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