Via The Foundry:
During a speech on gas prices the President tried to dodge responsibility for the pain Americans are feeling at the pump. But the President and his Administration have repeatedly stated that they want higher energy prices. They want to use the pressure of higher energy costs as an excuse to force their green energy boondoggle on
Correcting the Record: Five Half-Truths From Obama on Higher Gas Prices:
(I’m shocked that claims coming from Obama have been found even half true.)
In a new report, Heritage’s Nick Loris breaks down five half-truths in the President’s speech:
Half-truth #1: Oil production is the highest it has been in eight years. The increased production of oil and gas in the U.S. is largely a product of increased production on private land. The Administration could have encouraged much bigger gains by providing access to federal land.
Half-truth #2: Increasing oil production takes too long and would not impact the market for at least a decade. The sooner we make investments in domestic energy, the sooner those benefits will be realized. And with some serious reforms, some of this oil can reach the market in much less than a decade.
Half-truth #3: Oil is not enough. America has only 2 percent of the world’s oil reserves. President Obama frequently uses this number to push federal investments in alternative sources of energy that cannot stand the test of the market. The reality is that he uses this number deceptively.
Half-truth #4: Oil is not enough. The country needs an “all-of-the-above” approach to reduce its dependence on oil. While a familiar refrain from the President, it is a line that too often translates into wasteful subsidies for pet energy projects. A market-based strategy is the only all-of-the-above approach.
Half-truth #5: Speculators are driving up the price of gas, and they need to be reined in. While the President tries to blame the market, he ignores the power of supply and demand. By removing roadblocks to domestic energy production, the President can ensure that there is a healthy supply of American energy on the market, keeping prices competitive.
Dick Morris (who has been known to be wrong) says high gas prices are going to destroy Obama’s reelection chances.
Rick Moran, The American Thinker: Obama blames Republicans for pipeline decision:
The price of a gallon of gas could be well over $4 by late April. And depending on events in the Middle East, they could go much higher than that. That’s when the real questions by voters will begin. And the GOP better have some good answers to take advantage of it.
With his moratorium on drilling in the Arctic, the Gulf, off the East Coast, and just about anywhere else, the president is reaping what his policies have sown since 2009. Domestic oil production has increased in spite of his policies, largely due to new technologies – including fracking – that his base is agitating for him to eliminate.
He doesn’t have a political leg to stand on. But he will seek to shift blame to the GOP anyway.