Obama’s Attempts To Dodge Responsibility For Sky-Rocketing Gas Prices Not Persuasive (Video)

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.

See also:

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.

2 thoughts on “Obama’s Attempts To Dodge Responsibility For Sky-Rocketing Gas Prices Not Persuasive (Video)

  1. He steadfastly refuses to let us look for our own oil in our own country (or where we have access, like the Gulf of Mexico). Better we give a billion or so to Brazil, so they can look for their oil, and maybe even sell some to us, if we ask nicely.

    North Dakota’s Bakken Oil Reserve, for instance, has an estimated “several hundred billion barrels”. (Unfortunately, it’s not easily extracted. But it’s there.)

    They’re pulling about 400,000 barrels/day.

    “North Dakota’s unemployment rate is currently the lowest in the nation, “

    Like

  2. It would also probably help immensely if the next president could get rid of a significant amount of the bureaucratic fascists who run agencies like the EPA. These are the people that, come next October, Mr. Obhammud is going to be blaming for the high prices, and he will ride in on his golden stallion and slay that high-price monster just before the election.

    And many out here in the real world will still be in la-la land and believe he is a real hero who’s come to save the day from such evil people as Santorum and the Koch brothers.

    The very definition of “stuck on stupid.”

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s