The regime of Barack Hussein Obama wants higher energy prices. The theory is higher prices will lead to new alternative energy sources emerging. He also wants to continue redistributing American wealth to 3rd World Liberation regimes like Venezuela and Islamist ones like Saudi Arabia. Obama also knows he will be immune from higher oil prices since the media will not blame him like they did Bush. Also, this will create lower living standards and force people people to depend on the government. This creates more Democratic voters. One of the ways to get America moving against to to encourage Domestic production.
If you buy into the energy speech President Obama delivered on Wednesday, it sure sounds like we’re headed for drill, drill, drill. It would be a total reversal of policy. I guess $100-plus oil and near $4 gas at the pump — along with a consumer economic-political revolt — will do that to you.
After bashing oil and gas companies for a couple of years and instituting a virtual drilling moratorium, President Obama now says yes to offshore oil and makes a big pitch for natural gas. There may even be incentives for faster leasing and smaller royalty payments to the government.
Is it credible? Well, when you get to the fine print, it may not be.
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I believe natural gas is the answer to our energy problems over the long run. It’s real cheap. And we have boodles and boodles of it. While the president says we’re going to reduce oil imports by one-third in 2025 — something that sounds suspiciously like a backdoor cap that will damage job creation and growth — the U.S. is expected to be a natural-gas exporter in the next few years. That’s how much of it we have.
Read the rest: Unleash the Great American Energy Industry
We all know the Green movement and the Saudis will do all they can to prevent the US from being energy independent. The next Republican president needs to make this a priority. It is an economic and national security imperative. Once free of Saudi oil, we can tell them to go eat sand. Increased domestic production also leads to more jobs and that is something we really need.
