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Energy Secretary Chu Admits Administration OK with High Gas Prices

Posted By admin On March 1, 2012 @ 4:14 am In U.S. News | Comments Disabled

Mark Whittington
Yahoo News [1]
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 [1]


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URLs in this post:

[1] Yahoo News: http://news.yahoo.com/energy-secretary-chu-admits-administration-ok-high-gas-193900713.html

[2] High Energy Prices Are Obama’s ‘Explicit Policy Goal,’ Inhofe Says: http://www.prisonplanet.com/high-energy-prices-are-obama%e2%80%99s-%e2%80%98explicit-policy-goal%e2%80%99-inhofe-says.html

[3] Micro Generation and Micro Farming: Combating High Energy Prices, High Food Prices, and Tyranny: http://www.prisonplanet.com/micro-generation-and-micro-farming-combating-high-energy-prices-high-food-prices-and-tyranny.html

[4] Barbour: Obama’s policy ‘is to drive up energy prices’: http://www.prisonplanet.com/barbour-obamas-policy-is-to-drive-up-energy-prices.html

[5] Boehner: Obama Administration’s Decision Keeps Vast Majority of America’s Offshore Energy Resources Off Limits: http://www.prisonplanet.com/boehner-obama-administration%e2%80%99s-decision-keeps-vast-majority-of-america%e2%80%99s-offshore-energy-resources-off-limits.html

[6] Sky-high gas prices in California reveal energy infrastructure ripe for sudden collapse: http://www.prisonplanet.com/sky-high-gas-prices-in-california-reveal-energy-infrastructure-ripe-for-sudden-collapse.html

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