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Obama: No Easy Answers to Lowering Pump Prices (Yes there is! Pipeline, Drill, New Refineries)
abc ^ | 2/25/2012 | ANNE GEARAN / Associated Press

Posted on 02/25/2012 10:40:56 AM PST by tobyhill

President Barack Obama says there is no easy answer to the problem of rising energy prices and he's dismissing Republican solutions as little more than gimmicks.

"We know there's no silver bullet that will bring down gas prices or reduce our dependence on foreign oil overnight," Obama said Saturday in his weekly radio and Internet address. "But what we can do is get our priorities straight and make a sustained, serious effort to tackle this problem."

Oil prices are approaching last year's highs as tensions increase over Iran's nuclear program. The rise pushed gasoline prices Friday to a national average of $3.65 a gallon, the highest ever for this time of year. A spike in gas prices is normal in spring, but it came earlier than usual this year in large part because of world fears that the growing confrontation with Iran will crimp oil supplies. Iran is the world's third-largest crude supplier.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: gasolineprices; obamaenergyspeech
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1 posted on 02/25/2012 10:40:59 AM PST by tobyhill
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To: tobyhill

Hey, Barack, old boy, come scrape some scum off my pond. But watch out for those snapping turtles. Your skinny ass would just about make a meal for them.


2 posted on 02/25/2012 10:44:07 AM PST by Jukeman (God help us for we are deep in trouble.)
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To: Jukeman

When Obama tells the public there are no easy answers he’s really telling us that he’s an incompetent who’s not up to the job


3 posted on 02/25/2012 10:47:02 AM PST by AtlasStalled
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To: Jukeman
Oh yea, the old algae trick. Scientist have known for years that algae contains hydrocarbons but they could drain the seas and not get enough to sustain us for an hour.

The one thing that never gets talked about is coal gasification because coal has turned into a dirty word.

4 posted on 02/25/2012 10:50:37 AM PST by tobyhill
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To: tobyhill
Obama's pink slip will lower gas prices overnight.
5 posted on 02/25/2012 10:50:37 AM PST by SpaceBar
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To: tobyhill

There are no easy answers - that he is willing to apply.

The easy answers are all right there, just repeal practically every piece of legislation that was passed between January, 2009 and December, 2010. None of it had any sort of participation by Republicans anyway, at least in the drafting and review part.

Shut down the proliferation of administrative orders and reverse or repeal most of the regulations imposed by EPA, Energy Department, and Health and Human Services since January 2007, regardless of whether they had George W. Bush’s signature on them or not.

Actually provide sonme REAL transparency in the workings of government for the benefit of the American public.


6 posted on 02/25/2012 10:53:09 AM PST by alloysteel (Are Democrats truly "better angels"? They are lousy stewards for America.)
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To: AtlasStalled

Obama is full of it on this issue, and others.

I guess he’s technically correct, that there is no silver bullet solution to the problem.

But to say that because there is no silver bullet solution, that this means Republicans are politicizing our energy issues is horse blank on the part of the president, and he should be called out on it.

And we’ve heard liberals say over the years, “well, it takes ‘X’ number of years to develop oil fields in Alaska”. The liberals don’t realize that if we had started development years ago, that these oil fields would be producing now. The liberals imply that because it can take years to get oil fields to full production, that it doesn’t make sense to do anything at all. Really????

I also want to call out the liberals on their opposition to nuclear energy. Nuclear produces zero of the greehouse gases the liberals warn us about. Yet liberals oppose nuclear because of their fears of meltdowns and nuclear waste.


7 posted on 02/25/2012 10:56:07 AM PST by Dilbert San Diego
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To: alloysteel
If Obama hadn't blocked the new areas that Bush opened up for drilling then some of those places would now be pretty darn close to production.
8 posted on 02/25/2012 10:56:19 AM PST by tobyhill
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To: tobyhill
A few years ago I did a calculation using the entire combined annual output of palm oil of Indonesia and Malaysia, and found that it would satisfy domestic US gasoline demand for just under three weeks (about 19 days). Mind you that these are countries that have absolutely optimal growing conditions, and produce the stuff using slash-and-burn methods like it's going out of style. Anybody who thinks we can replace good old dinosaur juice with pond scum anytime soon is smoking crack.
9 posted on 02/25/2012 10:57:14 AM PST by SpaceBar
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To: tobyhill
OBAMA MYTHS, MYTHS FOR IDIOTS
10 posted on 02/25/2012 11:00:16 AM PST by FrankR (You are only enslaved to the extent of the entitlements you receive.)
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To: tobyhill
President Barack Obama says there is no easy answer to the problem of rising energy prices and he's dismissing Republican solutions as little more than gimmicks.

Let me help....Get your sorry a$$ out of the whitehouse!

11 posted on 02/25/2012 11:01:03 AM PST by EGPWS (Trust in God, question everyone else)
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To: tobyhill

“gimmicks” = algae


12 posted on 02/25/2012 11:02:48 AM PST by freemarketsfreeminds
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To: AtlasStalled

“Obama incompetent”

On so many levels, on so many issues. You know what? Barack Obama is nothing more than a “third world” low level moron. It never has made sense to me that such a stupendous crackhead queer could become president of this nation. It will someday be written that BHO was the primary pawn in the greatest conspiratorial act in the history of mankind. And I mean this in the most sincere way imaginable.


13 posted on 02/25/2012 11:03:21 AM PST by Jukeman (God help us for we are deep in trouble.)
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To: tobyhill

The XL pipeline could be bringing Canadian crude to US refineries within perhaps two years with concerted effort and that pipeline could also serve as a conduit for oil from Western North Dakota. These are known and oil producing areas so the pipeline would be filled as soon as it is built. Efforts have been underway to build a new refinery near Elk Point, SD and while state permits have been given there are still environmental nitpickers trying to block its construction. Imagine the effects on US gas prices especially in the Midwest with the building of the first new refinery in 30+ years.


14 posted on 02/25/2012 11:05:21 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: tobyhill
President Barack Obama says there is no easy answer to the problem of rising energy prices

For those who live in the sane world, increasing the supply of energy is the easy answer. For the enviro-progressive types, blocking any increase in energy production and then claiming there's no easy answer is the easy answer.
15 posted on 02/25/2012 11:07:29 AM PST by AnotherUnixGeek
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To: tobyhill

Republicans proved how easy it is to lower pump prices when they were last this high. Let Islam know that we will produce our own energy, to the total exclusion of their energy. By energy, I mean oil, lots of oil exploration, production and development.


16 posted on 02/25/2012 11:09:08 AM PST by pallis
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To: AnotherUnixGeek

one word. algae.


17 posted on 02/25/2012 11:11:38 AM PST by freemarketsfreeminds
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To: tobyhill
Let's see.. Easy ways to lower the price at the pump...

1) Wipe out the stupid patchwork of ‘clean air’ laws that cause multiple formulations of gasoline.

2) Remove federal excise taxes from gasoline.

3) Exempt gasoline from state sales taxes.

There, now it's $3.00 a gallon... But really, that's just temporary, even with all of that, it'll likely still climb back up to $4.00 a gallon.

The reason? Because you're spending nearly 15% of the GDP in debt. That's devaluing the dollar at a constant rate right now. It's not as dramatic, as the rest of the world is just about as screwed up, but it is the inflation that comes from devaluation.

So, here's the REAL answer on how to lower the prices at the pump...

1) Slash the deficit spending.
2) Kill Obamacare.
3) End subsidies and requirements for ‘alternative’ fuels
4) Approve the Keystone pipeline
5) Open up offshore and oilsands fuel exploration

Without the first two, though, all you're going to get is the same thing from removing the taxes - a temporary reprieve before prices go up again. Unless the constant devaluing of the dollar is ended, it is going to buy less and less.

18 posted on 02/25/2012 11:14:16 AM PST by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: tobyhill

19 posted on 02/25/2012 11:14:41 AM PST by E. Pluribus Unum (Government is the religion of the fascists.)
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To: All

Yes there is!

KICK THE MUZZY OUT OF THE WHITE HOUSE AND PREP WALK HIM STRAIGHT TO LEVENWORTH.


20 posted on 02/25/2012 11:21:32 AM PST by troy McClure
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