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From Politico, April, 2012

“If somebody wants to build a coal-fired power plant, they can. It’s just that it will bankrupt them,” Obama said, responding to a question about his cap-and-trade plan. He later added, “Under my plan … electricity rates would necessarily skyrocket.”

Of course, cap and trade is long dead. But coal-fired power plants are powering down nationwide, and they are blaming the Obama Environmental Protection Agency. The president’s critics say proposed greenhouse gas regulations for future power plants are designed to cripple the coal industry.

And just like with another 2008 quote — Energy Secretary Steven Chu’s famed call to “figure out how to boost the price of gasoline to the levels in Europe” — Republicans say the Chronicle clip shows what’s really in the president’s heart, that high electricity prices and the death of coal have always been Obama’s goal.

http://www.politico.com/news/stories/0412/74892.html#ixzz3jAzdi18H

Maxine Waters warns Shell president in House committee hearing

Posted: May 23, 2008
2008 WorldNetDaily

A report by Fox News, captured in a clip posted on YouTube.com (Must see video! https://www.youtube.com/results?search_query=maxine+waters+socialize) , showed Waters challenging the president of Shell Oil, John Hofmeister, to guarantee the prices consumers pay will go down if the oil companies are allowed to drill wherever they want off of U.S. shores.

Hofmeister replied: "I can guarantee to the American people, because of the inaction of the United States Congress, ever-increasing prices unless the demand comes down."

The Shell exec said paying $5 at the pump "will look like a very low price in the years to come if we are prohibited from finding new reserves, new opportunities to increase supplies."

Waters responded, in part, "And guess what this liberal would be all about. This liberal will be about socializing … uh, um..."

The congresswoman paused to collect her thoughts [for about 5-6 seconds this went on, while her colleagues behind her laughed].

"...would be about, basically, taking over, and the government running all of your companies..."

The oil executives responded, according to Fox News, by saying they've seen this before, in Hugo Chavez's Venezuela.

Article: Congresswoman threatens to nationalize oil industry Maxine Waters warns Shell president in House committee hearing:
http://web.archive.org/web/20090116083410/http://www.wnd.com/index.php?fa=PAGE.view&pageId=65111