February 2012
Posted by: Research
Record high gasoline is just another indicator of Obama’s failed record on energy. The worst part is that he will say we need a comprehensive energy policy, but it’s something he’s promised before and not surprisingly, failed to deliver. In his own words, he described his own energy policy as just a “hodgepodge.”
Obama Promised To Make Energy A Priority, But Has Since Admitted His Own Energy Policy Is “Just A Hodgepodge”
PROMISE: In 2008, Obama Called Energy A Leading Priority Of His Presidency. “Looking ahead, I'm confident that we will be ready to begin the journey towards a new energy frontier on January 20th. This will be a leading priority of my presidency and a defining test of our time.” (President-Elect Barack Obama, Remarks in Chicago Announcing Energy And Environment Team, Chicago, IL, 12/15/08)
Obama: “We Can’t Afford Complacency Nor Accept More Broken Promises” On Energy. We can't afford complacency nor accept more broken promises. We won’t create a new energy economy ... more
February 2012
Posted by: Research
In 2008, Energy Secretary Chu Said “Somehow We Have To Figure Out How To Boost The Price Of Gasoline To The Levels In Europe.” “In a sign of one major internal difference, Mr. Chu has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars and living in neighborhoods closer to work. ‘Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,’ Mr. Chu, who directs the Lawrence Berkeley National Laboratory in California, said in an interview with The Wall Street Journal in September.” (Neil King Jr. and Stephen Power, “Times Tough For Energy Overhaul,” The Wall Street Journal, 12/12/08)
February 2012
Posted by: Research
In 2008, Obama Said He Would Have Preferred A Gradual Increase In Gas Prices. Obama: “Well, I think that we have been slow to move in a better direction when it comes to energy usage. And the president, frankly, hasn't had an energy policy. And as a consequence, we've been consuming energy as if it's infinite. We now know that our demand is badly outstripping supply with China and India growing as rapidly as they are. So...” CNBC’s John Harwood: “So could these high prices help us?” Obama: “I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing.” (CNBC’s “Your Money, Your Vote,” 6/10/08)
February 2012
Posted by: Research
Today, The Marietta Times Reports That FirstEnergy Corp. Will Close Three Power Plants Because Of Costly Environmental Protection Agency (EPA) Regulations, Affecting 105 Jobs. “The Willow Island Power Station in Pleasants County is one of three aging coal-fired power plants in West Virginia that will be shut down later this year, FirstEnergy Corp. announced Wednesday. Its subsidiary Monongahela Power will be retiring Willow island, the Albright Power Station in Preston County and the Rivesville Power Station in Marion County by Sept. 1. The company said 105 employees will be affected. The decision was based on the U.S. Environmental Protection Agency's new Mercury and Air Toxics Standards, which were recently finalized, and other environmental regulations.” (Brett Dunlap, “FirstEnergy Closing Power Plant,” Marietta Times, 2/9/12)
NOTE: Weeks Ago, EPA Regulations Led FirstEnergy To Announce It Was Shutting Down Plants In Ohio, Pennsylvania, And Maryland, Threatening 529 Jobs. “In ... more
February 2012
Posted by: Research
In the wake of the Solyndra scandal, another green energy program Obama invested in has announced more layoffs.
Obama: “Some Technologies Don’t Pan Out; Some Companies Fail. But I Will Not Walk Away From The Promise Of Clean Energy.” (President Barack Obama, Remarks In The State Of The Union Address, 1/24/12)
Fisker, Which Received More Than A Half Billion In Loan Guarantees, Announced It Is Laying Off Staff After Failing To Meet Early Manufacturing And Efficiency Goals
Fisker Automotive Has Announced It Is Laying Off Staff To Try To Reserve Enough Capital In Order To Qualify For More Taxpayer Funds From The DOE. “In another setback for President Obama's clean energy loan programs, the recipient of more than a half-billion dollars in federal loans is laying off workers at their Delaware and California operations. Delaware’s News Journal reports that Fisker Automotive, a California-based electric car start-up company, is laying off an undisclosed number of staff to try to reserve ... more
September 2011
Posted by: Research
Here’s Department of Energy official Jonathan Silver not being able to answer a simple question about whether he received any communications from any individuals in the White House, to the point that he has to be reminded that he is under oath:
Further stonewalling and claims of ignorance came when Rep. Steve Scalise asked Mr. Silver who in the Obama White House made the decision to put taxpayers at the end of the line and on the hook for the $535 million loan to Sylndra. Mr. Silver, not surprisingly, refused to answer the question. Lots of questions that remain to be answered – why are taxpayers guaranteeing a $535 million loan behind private investors, including a prominent Obama donor/bundler?
And just more ... more
June 2011
Posted by: Research
“Two New EPA Regulations Will Slam The Coal Industry So Hard That Hundreds Of Thousands Of Jobs Will Be Lost, And Electric Rates Will Skyrocket 11 Percent To Over 23 Percent, According To A New Study Based On Government Data.” (Paul Bedard, “Coal Regs Would Kill Jobs, Boost Energy Bills,” U.S. News & World Report’s “Washington Whispers”, 6/8/11)
Regulations Would Hurt Families Living In Economically Challenged States. “‘Many of these severe impacts would hit families living in states already facing serious economic challenges,’ said Steve Miller, president of the American Coalition for Clean Coal Electricity. ‘Because of these impacts, EPA should make major changes to the proposed regulations before they are finalized.’” (Paul Bedard, “Coal Regs Would Kill Jobs, Boost Energy Bills,” U.S. News & World Report’s “Washington Whispers,” 6/8/11)
Regulations Could Cost Billions Of Dollars To The ... more
April 2010
Posted by: administrator
When reports of increasing the gas tax as part of so-called “climate legislation” was floated, the White House was quick to turn “the hose on that fire.” But Americans haven’t forgotten that President Obama does support a so-called “cap-and-trade” national energy tax that will “significantly increase gas prices” according to an economics professor at North Carolina State University:
In addition to having drastic effects on the economy, the cap-and-trade system could significantly increase gasoline prices in the short run, perhaps as much as 60 cents per gallon ... In the meantime, because of increased costs, oil production would decline making us more, not less, dependent on foreign oil.
One of those “drastic effects on the economy” from the national energy tax could be nearly 1 million jobs lost per year. And while Democrats are trying to rebrand this national energy tax, Americans aren’t going to be fooled:
But “gas tax” is a compound cuss word in Washington, even less acceptable ... more
April 2010
Posted by: administrator
Newsweek’s piece on President Obama’s EPA Administrator, Lisa Jackson, has a telling title that summarizes the Obama administration’s energy policy: “Regulate, Baby, Regulate.” After all, it was just last week the administration continued its war on Appalachia with strict new mining regulations, and as the Newsweek article reports, the Obama administration remains intent on pushing backdoor regulations through the EPA to encompass the entire economy, even though “the Nixon-era Clean Air Act was never intended to regulate” carbon dioxide.
Obama has consistently used his “green jobs” agenda as a smokescreen for his job-killing regulations. But as Newsweek reports, there are serious doubts about Obama’s economic diagnosis.
Green-tech workers—people who do things like design and build wind turbines or solar panels—now make up only 0.6 percent of the American workforce. McKinsey figures that clean energy won't command much more of the total job market in the years ahead.
Unfortunately, ... more
April 2010
Posted by: administrator
Speaking in Charlotte this afternoon, President Obama was talking about his bogus announcement about offshore drilling for oil this week. He said that we don’t need to start drilling immediately to get relief from high gas prices, because they’re not a big deal.
But the notion that we could drill our way out of the problem -- you'll start hearing about this because you know what happens during the summer. As soon as gas prices start going up, every summer, it's the same thing, right? And politicians start standing up, “We're going do something about it!” And these days, some of my colleagues on the republican side, what they'll say is you've got to drill even more.
So who are these cynical politicians complaining about rising gas prices and saying they’d do something about them? Guess who said this?
In fact, if I'm not mistaken, he was quoted today as saying that he thought it was interesting that gas prices might reach $4 a gallon at the pump. He wasn't aware of it apparently. Let ... more