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On Energy, Obama Is Clearly Out Of Ideas

RNC Communications - April 17, 2012

Barack Obama must believe the American people can be fooled into thinking he actually has an energy policy because he is about to head out for yet another speech to again either express concern about or announce a plan to crack down on oil speculation. Unfortunately, Obama’s plan to get headlines isn’t an energy policy to bring down gas prices. At the same time, last month, McClatchy reported that Obama’s task force to deal with oil speculation which he announced in April 2011, “met only a handful of times and has never reported to the public.” Check it out below:

Haven’t We Seen This Before From Obama?

An Obama Task Force That Did Nothing:

Since Obama Announced A Task Force To Deal With Oil Speculation In April 2011, “The Group Has Met Only A Handful Of Times And Has Never Reported To The Public.” “When oil and gasoline prices soared last April, President Barack Obama announced to fanfare that the Department of Justice would lead a task force designed to root out manipulation of the oil market and gouging of consumers at the gas pump. Since then the group has met only a handful of times and has never reported to the public.” (Kevin G. Hall, “”Whatever Happened To Task Force On Oil Speculation?,” McClatchy, 3/1/12)

  • “The Oil And Gas Price Fraud Working Group Has Met Only Four Or Five Times Since Its Creation Last April 21, And Most Of Those Meetings Came At The Time Of Its Inception.” (Kevin G. Hall, “”Whatever Happened To Task Force On Oil Speculation?,” McClatchy, 3/1/12)

Obama Promised The Group Would “Root Out Any Cases Of Fraud Of Manipulation” And That Its Scope Would Include “The Role Of Traders And Speculators.” “The Oil and Gas Price Fraud Working Group has met only four or five times since its creation last April 21, and most of those meetings came at the time of its inception. Back then, Obama promised that the group would ‘root out any cases of fraud or manipulation’ and noted that its scope would include the ‘role of traders and speculators.’” (Kevin G. Hall, “”Whatever Happened To Task Force On Oil Speculation?,” McClatchy, 3/1/12)


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