Earlier this week, the House Committee on Oversight and Government Reform released a report, which highlights evidence that the statements by President Obama and Energy Secretary Chu about intentionally raising energy costs for Americans can be seen across the federal government: from blocking production in the Gulf of Mexico, to hindering “fracking” technology, and stifling oil and gas production on public lands.
Darrell Issa , Chairman of the House Committee on Oversight and Government Reform, appeared on CNN to discuss the Administration’s involvement in rising gas prices.
The Daily Caller New Issa report goes after Obama administration’s energy agenda
Issa’s report sought to highlight Obama’s history of pushing for alternative energy sources, noting a quote from the president’s 2008 campaign in which he said, “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket. … 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.”
Steven Chu, secretary of the Department of Energy, was not spared in the report, which targeted his past statement, “somehow we have to figure out how to boost the price of gasoline to the levels in Europe.”
The 40-page report examines specific policy proposals aimed at supporting things like carbon-based energy reserves at the expense of oil and gas production. It includes the cap-and-trade proposals of the past, active promotion of “clean energy source” and the administration’s proposal to tax oil companies to subsidize clean energy technology.
In his FY2012 budget proposal, Obama did indeed request that the tax breaks for the oil production industry be repealed, totaling $60 billion over 10 years. The director of the Office of Management and Budget, Jack Lew, defended the repeals by tying them to the goal of producing more electric cars.
“In part, we pay for this by eliminating 12 tax breaks hat now go to oil, gas and coal companies,” said Lew.
“The most troubling things about outlandish statements made by key Obama administration officials about the need to raise energy costs is that when we examined the evidence, they appear to reflect the agenda they are pursuing,” said Issa in a statement. “These are obviously not the policies Americans want or support.”
In light of that, and with even higher gas prices coming this summer, let us not forget the “Hope and Change” gas pump sticky note campaign. Now more than ever, people need to be reminded of who really is behind the rising fuel costs.