Energy Secretary Chu Admits Administration OK with High Gas Prices

Mark Whittington
Yahoo News
March 1, 2012

President Barack Obama’s Secretary of Energy Stephen Chu uttered the kind of Washington gaffe that consists of telling the truth when inconvenient. According to Politico, Chu admitted to a House committee that the administration is not interested in lowering gas prices.

Chu, along with the Obama administration, regards the spike in gas prices as a feature rather than a bug. High gas prices provide an incentive for alternate energy technology, a priority for the White House, and a decrease in reliance on oil for energy.

The Heritage Foundation points out that hammering the American consumer with high gas prices to make electric and hybrid cars more appealing is consistent with Obama administration policy and Chu’s philosophy. That explains the refusal to allow the building of the Keystone XL pipeline and to allow drilling in wide areas of the U.S. and offshore areas.

The consequences of the policy are not likely to be of benefit to the Obama administration. The Republican National Committee has already issued a video highlighting the spike in gas prices and the failure of the administration to address the issue.

Full article here

Related Posts

Police Define Political Activism As ‘Domestic Extr... Paul Joseph Watson Prison Planet.com Monday, October 26, 2009 Police in Britain have defined political activism as “domestic extremism” and are...
Judge Napolitano: CHAOS IS COMING AMERICA! Moxnews.com 8.11.11 var VideoID = "16011"; var Width = 425; var Height = 344;
The takeover continues Article: http://www.msnbc.msn.com/id/31233307/ Obama's signature would then add tobacco to other huge, nationally important areas that have come un...
The States Can Stop Obama Sheriff Richard Mack Infowars October 14, 2009 By now we have all heard the cliches and seen the posters from the “Tea Parties” espousing freed...
Senate turns aside new attempt to scrutinize Fed Crooks. Pure and simple. Absolutely corrupted government, owned part & parcel by off-shore bankers. A Reuters article about the Senate’s move to bl...

Comments are closed.