Obama's anti energy policies

Sarah Palin:

President Obama doesn’t have an energy plan. He has an energy speech that he continues to give regardless of the facts or his obvious failures. He likes to take credit for actions initiated by the last administration (without telling you that he’s reversed or stymied many of those successes).

We should not be surprised by his detached attitude about America’s pain at the pump. He’s not interested in lowering the price of gas because exorbitantly high gas prices are one of his campaign promises. In September 2008, candidate Obama’s Energy Secretary in-waiting said: “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” That’s one campaign promise they’re working hard to fulfill!

President Obama notes that instability in the Middle East causes short-term spikes in the price of oil. But that is precisely why we should take every opportunity to drill here and drill now to lessen our dependence on these dangerous foreign regimes. President Obama’s lack of action simply invites the next oil crisis. It’s as if the White House is purposefully making us more dependent on foreign countries – from running up an unsustainable debt that must be financed by foreign debtors, to constantly apologizing and walking on eggshells around dictators who control oil supplies.

When it comes to our energy security, the only thing holding us back is the lack of political will. We have the resources, the ingenuity, and the manpower. And we need the jobs! Any economic recovery will be hampered by these rising gas prices. And I guarantee the rising prices will only get worse and will halt job growth further.

We must never forget that energy development, job creation, and national security are inextricably linked. Access to affordable and secure energy is the key to economic growth, which is the key to job growth. Securing a stable domestic supply of energy will lead to a more peaceful and prosperous America – an America that’s not subject to the whims of dictators who can cut off energy supplies or shut down the Strait of Hormuz to exports passing through.

President Obama repeatedly claims that there is no “silver bullet” to lower gas prices. But, in fact, we do have proof that the promise of future drilling does lead to immediate price relief as oil producers plan to expand their production.

So what are Obama’s solutions? As luck would have it, they coincide with subsidizing his friends and campaign donors. What a fortuitous coincidence in an election year! While you’re paying $5-a-gallon for gas, President Obama has been picking “winners” and “losers” in the free market. He’s decided that conventional resource development that produces the fuel we use to drive our cars and power our economy are “losers.” His “winners” are the bankrupt green energy companies that his campaign donors invest in. Unfortunately his real “losers” are the American public who are once again hit with massive gas prices (at least those who can’t afford luxury electric cars like the Obama-subsidized Volt that gets 40 miles per battery charge, or like the Obama-subsidized Tesla that turns into a “brick” when the battery completely discharges and then costs $40,000 to repair.)

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There is more including policies that will increase our energy security and reduces prices at the pump.  Sarah Palin is showing much more intelligence on this issue than President Obama who is once again demonstrating his overrated intellect.  In just a few years we have demonstrated that drilling can dramatically drive down the cost of natural gas.  There is no reason why the same would not happen with oil and even if it did not, at least we would be pumping the money back into the US economy rather than into the economy of those who do not have our interest at heart.