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Gas Price Rise Tied to Obama Policy
USBC News ^ | 2012-02-26 | USBC Wire

Posted on 02/29/2012 8:51:27 AM PST by next media

"When I was asked earlier about the issue of coal… under my plan... electricity rates would necessarily skyrocket… coal power plants, natural gas… you name it… whatever the plants were, whatever the industry was...”

However today, the Democratic administration is trying to project a different image of being supportive of working class Americans. The White House and its allies in the press are presenting a narrative of being frustrated and confused about not being able to lower the price of gas for consumers. However..."

(Excerpt) Read more at ...

TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: chu; gas; obama; oil
Forked-tongue, but will the electorate realize this time?...
1 posted on 02/29/2012 8:51:37 AM PST by next media
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To: next media

This is a build on a repeated comment. I’ll keep doing this to every related issue.

In September 2008, Steven Chu, who is now President Obama’s Energy Secretary, talked to The Wall Street Journal: “Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.” At the time Mr. Chu said that, prices in Europe averaged $9 per gallon. Economists warned at the time that this approach could prove damaging to the economy and since Obama has become president the unemployment rate has indeed skyrocketed.

Making little stickers of fact to put in all sorts of places is one of the best Ideas I have seen in a long time.

I’m going to start doing it. We need to start spreading fear. That is right, I said spread fear. I also think we should start taking a few economies with the truth in our favor. Take your quotes out of context to reinforce your fear mongering based on fact. For example:

“Under my plans energy prices will necessarily skyrocket.”

instead of

“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket,” Obama told the Chronicle . “Coal-powered plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.”

The fact is: Electricity rates have skyrocketed even with natural gas prices at historically low inflation adjusted prices.

USA Today 12/13/2011

It will only get much much worse:

Have you had a lot of fun watching the price of gasoline shoot out of sight this year at the pump? That will be just the appetizer. Thanks to new regulations from the Obama administration, power companies will shut down a significant number of coal-fired plants by 2014, and without any other reliable sources of mass-produced electricity, consumers will see their bills go up as much as 60% (via Instapundit and Newsalert)

2 posted on 02/29/2012 9:01:02 AM PST by Sequoyah101 (Half the people are below average.)
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To: Sequoyah101

If you want to rule the world, you only need to have control of the resources.

It’s the same deal that the D(evil) offered Jesus, and the same one he offers those who want to rule the world.

3 posted on 02/29/2012 9:13:38 AM PST by UCANSEE2 (Lame and ill-informed post)
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To: next media

The only thing that’s surprising about this, is that nobody talks about it.

The Kardashians are somehow more important.

4 posted on 02/29/2012 9:21:44 AM PST by villagerjoel ("The more I learn about islam, the more I want to eat pork." - rock_lobsta)
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To: next media
Chu to Congress: "We’re not interested in lowering gas prices"
5 posted on 02/29/2012 10:31:11 AM PST by radioone
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To: radioone

Good summary Radioone.

6 posted on 03/01/2012 11:24:43 AM PST by next media
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