Keyword: chu
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The Obama administration was more vocal about the supposedly dire need to combat climate change toward the beginning of their oh-so-eminent reign, with President Obama out championing the cause at such august events as the U.N. climate conference in 2009. There’s been a bit of a lull in their alarmist-enthusiasm rhetoric in the past year or so (maybe they’ve figured out that concern for climate change is a luxury good during times of economic recession), but it looks like they may be thinking about bringing back the meme to help sell their horrendous energy polices in the run-up to November....
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With elections less than eight months away, rising prices at the pump are threatening to derail a tenuous economic recovery. And President Obama, to mitigate political fallout, embarked this month on a four-state swing to promote his "all of the above" energy strategy, a broadly supported approach to increasing domestic development of natural gas, solar, wind, hydro, nuclear and yes, oil. But if the president has begun to or at least talk about some moderate sensibilities on domestic energy production, he hasn't changed a bit on tax policy. Every policy and campaign speech the president has given since taking office,...
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Excerpt from Steven Chu's April 23, 2007 presentation at UC Berkeley. See transcript here:
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Gasoline prices have climbed above $4 per gallon for regular at too many places across the nation. We know this because President Barack Obama has embarked on a four-day blitz to demonstrate his concern for high gasoline prices. According to the U.S Energy Information Administration, the average price for a gallon of regular gasoline in the country is $3.87 which is up about 30 cents from a year ago. The highest prices are on the West Coast at $4.23. The lowest, next door in the Rocky Mountain region at $3.62. Unemployment numbers are largely theoretical. At 8.3 percent (or 14.9...
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This week's report is about energy and the crazy things the President, Democrats, media, college students, and professors believe about energy and why their inability to acknowledge reality and understand economics and statistical evidence places us in such great danger. Do you believe that Presidents can affect the price of gasoline?
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Representative Patrick McHenry (R-NC) gave anti-Energy Secretary Steven Chu an earful yesterday during a hearing on oil prices. McHenry ripped Che for the administration’s policies that have prevented access to domestic oil and gas. “You’re telling me my constituents need to buy a Nissan Leaf?” "My time is short, you've listed a long list of things that this administration has done. I have not yet heard that there are trying to increase the supply of American oil or our refining capacity or limit the regulations in the diversity of blends that are required. I have heard nothing from you today...
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Energy Secretary Steven Chu told a House panel Tuesday that he’d give himself top marks when asked to grade his policies’ effects on energy prices. Rep. Darrell Issa, the chairman of the House committee on Oversight and Government Reform, asked President Obama’s top energy official if he’d grade himself with an “A minus” on “controlling the cost of gasoline at the pump.” Chu responded by saying he’d give himself a better grade than that. “The tools we have at our disposal are limited, but I would I say I would give myself a little higher in that since I became...
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Automotive and green technology advocacy Web sites areabuzz with a story about a former employee of Fisker Automotive who claims the company released its $102,000-plus Karma electric sport sedan prematurely, in order to meet targets set forth by the Department of Energy so Fisker could access funds from a $529 million loan award. This followed reports from all over the Internet that Consumer Reports purchased a Karma in Connecticut for $107,850, only to see it totally disabled before the magazine could run it through its tests. The whistleblower story originated on the pro-Clean tech Web site Gigaom.com, and was...
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BEGIN TRANSCRIPT RUSH: Steven Chu. Remember him, the energy secretary, "the Nobel prize-winning" energy secretary who appeared before a congressional committee and said that he wasn't interested in gasoline prices coming down? Instead, he's interested in getting us off of oil, which is not possible. It is not going to happen. There's nothing else to use. It won't happen. It's pie-in-the-sky dreaming. There's no way we can get off oil. And if this administration tries to take us off of oil we're going to be plunged into a recession, and we're gonna be moving backwards to the seventh century and...
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President Obama's Energy Secretary, Steven Chu, renounced his previously-stated desire to see gas prices rise to match European levels in order to motivate alternative energy research, telling the Senate today that he wants gas prices to fall for the sake of the economy. "We have to figure out how to boost the price of gasoline to the levels in Europe," Chu said in 2008. When reminded of that comment today during his congressional testimony, Chu backed away from that position. "I no longer share that view," Chu told Sen. Mike Lee, R-Utah, today.
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The storm clouds hovering over New Orleans today have nothing to do with the vestiges of Katrina or another imminent threat, and instead result from the NFL’s Saints’, team-sponsored reward system for purposefully injuring and maiming opponents. The allegations of gross impropriety center around Gregg Williams, a tough-guy-wannabe and former defensive coordinator as well as aloofly defiant head coach Sean Payton. Both men and team management had been warned repeatedly about the illegality of such practice yet they blatantly defied league orders and endorsed the continued practice of financial incentives for inflicting significant harm to opposing players. There is a...
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The U.S. government last year announced a $10 million award, dubbed the “L Prize,” for any manufacturer that could create a “green” but affordable light bulb. Energy Secretary Steven Chu said ... Now the winning bulb is on the market. The price is $50.
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March 1, 2012 Gingrich: Sec'y Chu should be fired 2012 candidate lashes out over Steven Chu's gas price comments
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The Environmental Protection Agency is so out of control that it needs a major fix, Virginia Attorney General Ken Cuccinelli tells Newsmax.TV. And a court case challenging the agency’s powers to limit greenhouse gases now before a federal appeals court in Washington, D.C., could be just the remedy the agency needs, he said. “I am cautiously optimistic that the court will send this back to the EPA to be fixed,” Cuccinelli said. “I hope to fix it like a dog — snip — but that’s going to require a new president as well, so I hope the timing will work...
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Newt Gingrich on Thursday called on President Barack Obama to fire Energy Secretary Steven Chu, citing congressional testimony this week in which Chu said his “overall goal” was to decrease U.S. dependency on oil, not lower the price. “President Obama must announce today in his Nashua address that he is firing Secretary Chu and replacing him with a pro-American-energy appointment,” said a statement from Gingrich, who cited a POLITICO story about Chu’s appearance before a House Appropriations subcommittee.
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Consider this your spit-take moment of the day. After overruling Department of Energy auditors and losing $535 million on Solyndra, as well as a number of other green-tech flops, Energy Secretary Stephen Chu gives himself a pretty good grade as a steward of public funds. In fact, after Rep. Paul Broun (R-GA) asks him to assign himself a grade, Chu goes one better than Barack Obama’s one-year self-assessment of a “good, solid B-plus”:
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Gasoline: As pump prices hit $4 a gallon, Energy Secretary Steven Chu admits the administration has no interest in bringing them down. Is it any wonder Democrats are growing increasingly agitated with this White House?
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NEW YORK (CNNMoney) -- Hybrid vehicle maker Bright Automotive has announced plans to close, blasting the Department of Energy for failing to finalize a loan that the firm says would have kept it afloat. In a letter dated Tuesday to Energy Secretary Steven Chu, Bright CEO Reuben Munger and COO Mike Donoughe said they were withdrawing their application for a $314 million loan and winding down their operations. The executives claimed they had been strung along for the past few years as the government insisted on increasingly stringent loan requirements. "The actions -- or better said 'lack of action' --...
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The Energy Department isn’t working to lower gasoline prices directly, Secretary Steven Chu said Tuesday after a Republican lawmaker scolded him for his now-infamous 2008 comment that gas prices in the U.S. should be as high as in Europe. Instead, DOE is working to promote alternatives such as biofuels and electric vehicles, Chu told House appropriators during a hearing on DOE’s budget. But Americans need relief now, Rep. Alan Nunnelee (R-Miss.) said — not high gasoline prices that could eventually push them to alternatives. “I can’t look at motivations. I have to look at results. And under this administration the...
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"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..."
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