Tag Archives: gas prices

Even Democrats realize Cap and Trade = economic disaster

CA dems re-think cap and trade

CA dems re-think cap and tradeFor years, economists have been saying that cap-and-trade would be an economy killer. Now, a group of California Democrats has come to the same conclusion in a letter to the head of California’s air resources board.

The 16 Democrats have requested a delay or change to the rules that would put gasoline under the same cap-and-trade rules as power stations have been suffocating under. The rules are set to take effect in 2015.

In the letter, the group warned that “fuel prices for consumers are going to be driven up once fuel is covered under cap-and-trade at the start of next year, weakening the economy just as California is recovering from the last recession, and hurting the most vulnerable members of our communities who must commute to work and drive long distances for necessary services like medical care.”

Now they suddenly understand that their policies are hurting working people and families?

Everyone remembers Obama’s famous “necessarily skyrocket” remarks. Cap-and-trade is intended to make sure that energy prices do just that. Shortsightedness may be getting the better of the progressive left.

The higher prices are intended to curb demand, but that doesn’t work on a necessity. Families have to attend school meetings, go to work, go get groceries and such. That requires fuel or electricity.

If fuel and energy prices rise, that trip to the grocery store will cost more and leave less for non-essential spending. Whether the fuel price hikes result in bus fare increases, train ticket price increases or a higher price at the pump won’t matter – the trip will now cost more and leave families with less.

It appears that Obama is following Jimmy Carter’s economic plan .. and getting the same results.

Are You Better Off?

job sign

It’s the question candidates are asking. Are you better off? Last week’s job report seemed to indicate a slight improvement in business. But a quick look at the job layoff report might make one think otherwise.

Daily Job Cuts: October 10, 2012 Layoffs Report

Cummins announces plans to cut up to 1,500 jobs by end of 2012 http://trib.al/6a7AyE

FEDEX to cut thousands from workforce… http://drudge.tw/TycFJh

AP: American Airlines Notifies Thousands of a Layoff Risk as American goes through a bankruptcy reorganization.

KSL.com Nearly 300 employees laid off at EnergySolutions in Utah.

Orlando Sentinel: Lockheed Martin cuts 200 jobs.

These are just job layoffs. There’s another list of business closings…

Not convinced? Here are a few more statistics to ponder. This is every day life for many of us.

CNN: Home Ownership Falls to 1965 levels.

After a decades-long rise in in home ownership the rate dropped to 65.5% in the second quarter of 2012. A senior manager at Amherst Securities says if you include borrowers who have not made a mortgage payment in over a year and are facing foreclosure the ownership rate is actually 63.3%.

Nearly everyone knows someone who bought a home that is now worth less than they paid. The resulting foreclosures hurt all homeowners.

Bloomberg News: Food Stamp Recipients Jump in July.

About 46.68 million Americans received food stamps in July, the government said in a report released late on Friday afternoon before a holiday weekend, a traditional time for dumping bad news. The report for July, the most recent month that data was available, showed participation up by 11,532 from June and 2.9 percent higher than a year earlier.

The Obama legacy. Nearly 1 in 7 Americans are now on Food Stamps. That’s a record number!

Since when did we become dependent on the government to feed us? If we had jobs we wouldn’t need food stamps.

Consumer Reports: Price of gas in January 2009 $1.88.

National average price of gas on October 8, 2012 is $3.81. Californians are now paying average of $4.66 per gallon.

Ouch! My friend lives in Temecula, CA and drives into the city each day for work. There is no train. It’s a crazy $6.00 a gallon this week!

Reuters: US Loses Prized AAA Credit Rating.

In August, 2011 S&P dropped the credit rating for the United States of America due to concerns about the government’s budget deficit and the country’s rising debt burden. In September, 2012 ratings firm Egan-Jones cut its credit rating on the U.S. government further to “AA-” from “AA,” citing its opinion that quantitative easing from the Federal Reserve would hurt the U.S. economy and the country’s credit quality.

Young people might say, “So what?” But when they go to buy a car or get a loan they’ll discover that the better one’s credit rating the easier it is to get a loan and the less interest they’ll likely pay. A lower credit rating for the country means we’ll have fewer options for loans to pay off that whopping national debt. What happens when China wants us to pay up?

CNS News: Backlog Processing Vets Disability Claims Skyrockets.

The backlog of veterans’ disability claims has jumped by 179 percent during President Barack Obama’s first term in office, reaching 883,949 outstanding claims, according to Veterans Administration (VA) statistics.

Our veterans put their lives on the line so the rest of us can sleep in safety. Shouldn’t they be getting priority care instead of being met with more government bureaucracy?

Not a Vet? Do you know someone college age?

ASU: Tuition Nearly Doubles in 4 Years.

President Obama promised to make college more affordable. Tuition for a new undergrad student at Arizona State University was $5409 in 2008. Students entering fall of 2012 are paying $9208.

There’s more…the price of coffee, peanut butter, your McDonald’s Happy Meal (oh, but according to this administration you shouldn’t be eating those…)

 

So. Are you better off???? If you’re not, you’d better get out there and vote.

 

 

White House to Blame for High Gas Prices

2006-to-2012-high-gas-prices

With Hurricane Isaac’s slamming the American gulf coast putting a temporary halt to oil production and refinery output, consumers can expect to see higher prices at the pump.

Just in time for the Labor Day holiday.

Before Hurricane Isaac came along, gasoline costs were at an almost four month high.  The nationwide average rose to $3.75 a gallon on Aug. 26.  “We expect the national average price of gasoline for Labor Day this year to be the highest ever for the holiday,” said Michael Green, a spokesman for AAA.  Drivers could be paying $4 a gallon by the end of September.

http://www.bloomberg.com/news/2012-08-28/gasoline-rising-to-holiday-record-as-storm-surge-pressures-obama.html

Oct. 3 is the date of the first presidential debate.

The timing could not be better for GOP presidential nominee Mitt Romney or worse for the White House and its hopes for re-election.

By any measure, the administration should be on the defensive over escalating gasoline costs and the hardship higher pump prices will cause average American families.  The White House has been consistently hostile towards traditional fuel industries, and has persistently sought to curtail exploration, development and production capacity since 2009.

The current administration has actively sought to discourage drilling on federal land.  Since the 2010 BP gulf oil spill it has gone out of its way to stifle offshore exploration.  The EPA has made it a regular course of business to impose costly regulations on the development of oil, natural gas and coal.

The White House has wasted hundreds and hundreds of billions of taxpayer dollars subsidizing non-competitive technologies.  Solyndra, a solar-panel manufacturer, received a $535 million U.S. loan guarantee, then filed bankruptcy and fired 1,100 workers.  There are many other such examples.

The predictable White House solution will be to release supplies from the Strategic Petroleum Reserve.  This will be a typical response from the current administration:  Divest precious national resources in hopes of achieving the desired political result without solving the real problem or offering a viable solution.

Instead of effectively stimulating the American economy by assisting exploration, development and production of cheap, efficient energy, the White House is obsessed with squandering national treasure on inefficient, uncompetitive energy options that are incapable of surviving without a government backstop.

Odds are that the White House will blame it all on Hurricane Isaac…or on George W. Bush.

http://mjfellright.wordpress.com/2012/08/29/white-house-to-blame-for-high-gas-prices/

Expect the Economy to Begin to Improve by November

oil

Back in April, when diesel fuel was rapidly approaching $4.50 per gallon, I wrote an article predicting the recent downturn in our economy.

Today oil fell below $80.00 per barrel and diesel fuel is now well below $4.00 in most places.

Given my economic theory of diesel, there is an approximate three month lag between the price of fuel and its effect on manufacturers and shippers. That being said, the economy should hit bottom about the first of September. Manufacturing and hiring should begin to pick up again then.

Mitt Romney has pledged to authorize the Keystone XL pipeline as well as open up production of oil and gas leases already issued. By the economic theory of diesel, policies which would sustain lower fuel prices would do more to improve our national financial situation than anything else. If we continue the current policies which cause the current porpoising of oil prices, our economy will continue to stutter.

The End is Near

Welcome to the beginning of the end of the economic recovery. On Tuesday diesel fuel was $4.49 per gallon along interstate route 81 in New York State!

The price of fuel is rapidly approaching what Malcolm Gladwell would call the “tipping point”. Diesel fuel hit a peak of $4.72 per gallon in July of 2008. That took a huge toll on the American economy. Housing bubble notwithstanding, the high price of diesel contributed to the economic crash of 2008.

Consider that everything you buy is on at least two trucks before it gets to the store where you purchase it. Not only that, but all of the raw materials used to make whatever you buy are shipped to the manufacturer by truck. Every nickel rise in the cost of diesel fuel adds one penny to the cost of each and every mile of truckload freight. That might not sound like much, but when you think about the number of miles freight is carried in our country, and how many times something is on a truck before it gets into your hands, it is easy to see the extra cost add up. If you watch the price of milk in the grocery store, you will see very quickly that it mirrors closely the cost of diesel fuel at the pump.

What happened in 2008 was that available freight dropped off quickly as diesel fuel approached $5.00 per gallon. With profit margins already slim, companies were forced to pass these added costs on to the consumer. As consumer prices rose to cover transportation costs, customer purchasing dropped. Companies shipped less freight. This caused a temporary excess in available trucks, which put downward pressure on freight rates. Despite the high cost of fuel, carriers were forced to take less for their loads, or park some trucks. This balanced out at the cost of small trucking companies being forced out of business, and drivers losing their jobs; about 200,000 of them by early 2009.

At a time when the nation’s economy is slowly crawling out of a disaster, rising fuel prices pose the most serious threat to our recovery. In 2007 tractor-trailer trucks carried freight a record 184.2 billion miles. By 2009 that figure had dropped to 167.8 billion miles.

Diesel fuel hit its low point of $2.09 per gallon in March of 2009, and we entered a slow recovery. Freight has been steadily increasing since, and trucking companies began hiring again in 2009. By late 2011 hiring was in full steam, and companies are continuing to hire drivers. If fuel rates are sustained at current levels, or if they continue to rise, the same squeeze will happen again, and relatively quickly. The closer diesel fuel gets to $5.00 per gallon, the closer we get to another recession. We have now reached the tipping point for fuel prices, which seems to be about $4.50 per gallon. If we sustain these prices for very long we will see the recently encouraging economic numbers do a rapid about face and the 8.3% unemployment number the President is so proud of will begin to rise.

Obama to Speed up Reviews of Great Lakes Wind Power Projects.. That Do Not Exist

Barack-going-green1-200x200

The campaigner-in-chief has really stepped in it this time. Barack Obama, facing the fact that due to a miserable economy and extremely high gas prices crushing middle class Americans, he will assuredly be a one and done President in November…  so now he wants the American people to believe he is really ramping up U.S. energy production … as in windmills. From Fox News comes this enlightening announcement:

The Obama administration announced an agreement with Great Lakes states on off-shore wind projects….and has signed a Memorandum of Understanding (MOU) with the  governors of Illinois, Michigan, Minnesota, New York and Pennsylvania to  streamline reviews of potential off-shore wind projects. (emphasis added)

 

 As in the Solyndra green energy scam that saw half a billion tax dollars funneled to Obama campaign bundlers and big donors, one can only guess which of Obama’s Democrat-crony-capitalists are standing in the windmill line to scam the taxpayers out of a few billion more tax dollars in exchange for big campaign donations. So far it’s pretty hush-hush, as can be seen by the fact that as of right now, these so-called soon to be expedited wind mill projects that Obama is bragging about…..do not currently exist!

However, when asked how much faster permits could get approved, White  House Council on Environmental Quality Chair Nancy  Sutley said, “There currently aren’t any projects seeking approval…”

This is a sign of a president who knows he can not run on his miserable failure of a record during his first term in office, so he turns to making announcements about speeding up reviews that do not exist. Of course there will be plenty of Obama donors lining up to rake in the cash while defrauding the American people through these green energy scams.. eventually. Meanwhile, American oil and gas production and permitting has been stopped dead in it’s tracks under Obama’s regime, including blocking the Keystone XL pipeline that would deliver hundreds of thousands of oil to U.S refineries the minute it was allowed to go online.

This is a man ( Barack Hussein Obama) who the people now see saying one thing in fluffy campaign speeches.. while doing just the opposite behind their backs.  Barack Obama just does not understand that when Americans can’t go on vacation because of $4.00 a gallon gasoline this summer, and seeing him stop U.S oil production while giving away billions of dollars to his campaign donors for failed green energy scams… they will say enough is enough and give him the boot in the November elections. He is in for a very harsh lesson in reality this November.

The President, Gas Prices, and the Use of Deception.

Gas prices in the United States are an ongoing concern. Prices for food, clothing, and shelter are also sky rocketing, but the cost of gas is getting higher and higher. Clearly the rising prices are a reflection of many things including our failing economy and out outrageous spending by a government out of control, but intentionally tying to manipulate the American people through deception seems to be the ongoing theme of this president.

President Obama would love the American people to believe we are producing more oil in the United States awhile giving oil companies taxpayer money. The president wants to invest more money on “wind-power and solar power, and bio-fuels, investments in fuel efficient cars and trucks, and energy efficient homes and building’s that’s the future”(Obama speech 3/29/2012). There was a recent study which proved that global warming is not the result of mankind. Evidence was found in a rare mineral that records global temperatures warming was global and NOT limited to Europe which throws doubt on orthodoxies around ‘global warming.’ (Ted Thornhill: http://www.dailymail.co.uk/sciencetech/article-2120512/Global-warming-Earth-heated-medieval-times-human-CO2-emissions.html#ixzz1qWYrjVX5), so why are we spending astronomical amounts of money, we DON’T have on these things? That is one of many questions you should be asking.

The president wants congress to strip oil companies of some of the tax breaks they currently receive while pushing his own failed green energy bills. He said, “I think its curious that some folks in congress were the first to belittle investments in new sources for energy are the ones that are fighting the hardest to maintain these giveaways for the oil companies. That is the only way to break the cycle of high gas prices that happened year, after year, after year. As the economy is growing the only time you start seeing lower gas prices is when the economy is doing badly. We can’t just drill our way out of this problem as I said, “Oil production here in the United States is doing very well.” And its been doing well even as gas prices are going up. The reason is: we are using 20 percent of the worlds oil but we only have 2 percent of the worlds known oil reserves. That means we could drill every drop of the American Oil tomorrow, but we would still have to buy oil from other countries to make up the difference. We would still have to rely on other countries to meet our energy needs.” (Obama Speech 3/29/2012). He wants to continue to invest in wind-power and so on all those things that now have a proven record of being unsuccessful, by manipulating the American public. Green energy has cost taxpayers billions of dollars over the years, there is literally no record of success, and yet money continues to be spent.

According to Eric Bolling (Fox Business Network) Congress is not giving oil companies a penny, they are allowing them to keep more of their profits. “So, if that is taken away your raising taxes on oil companies.” It is not as the president tried to portray. What we are doing is taking tax payer money to subsidize green energy companies that our president outlined in the sum of more then 100 billion dollars.

With the onset of rising prices, the jobless rate at an all time high, and with a government bankrupting this country it is time to engage, do research, and wake up to the realities of what is going on in this country. When you have people running this country who can look you in the eye, and lie, it is time to make a change and get involved. Do you really think we are drilling and producing oil to our capacity? Do you really think this government is helping you by taking control of health care, banking, auto, education, and so on? Every aspect of your life is being infiltrated by government including your children and what they see, learn, eat, as well as the morals and values they are being taught. Just this one short speech by the president, regarding the oil industry, was deceptive – do you really think that is all that he lies about?

Grasping at Energy Straws

In February 2012 New York Democratic Senator Charles Schumer called upon Secretary of State Hillary Clinton to request Saudi Arabia increase their oil production to make up for potential disruptions in the world’s oil supply resulting from Iranian saber-rattling. Schumer’s unhidden rationale was that such a pledge from the Saudis would drive down gasoline prices in America

http://thehill.com/blogs/e2-wire/e2-wire/216057-schumer-saudi-arabis-plan-to-increae-oil-output-will-lower-gas-prices

This ill-advised strategy was clearly politically driven. While the idea of higher gasoline prices, and the accompanying increase in the price of gas dependent goods and services is consistently rejected by average Americans, this is a blatantly partisan call for a short-term fix. This temporary, non-solution, suggested in order to perpetuate the false narrative that America’s economy is improving thanks to “progressive” policy decisions does absolutely nothing to reduce America’s dependency on foreign oil. Quite to the contrary, it exacerbates it.

On March 15, 2012 Reuters reported that during British Prime Minister David Cameron’s recent trip to the U.S. the current White House occupant proposed releasing emergency oil reserves as a way to reduce world oil prices.

http://uk.reuters.com/article/2012/03/15/uk-obama-energy-spr-idUKBRE82E00U20120315

Were the White House to make such a decision, it would be yet another desperate attempt to lower gas prices by whatever means possible. Tapping into the emergency oil reserves is a bad idea. Those reserves are there for use during a pressing national emergency. Tapping in to them every time there’s an increase in the price of a barrel of oil is both gross mismanagement and a misguided misapplication of the stockpile. Not only will the reserves need to be replenished with what might well turn out to be more expensive oil, tapping into them now does nothing to address the long-term problem.

“progressives” continue to grasp at short-term straws frantically trying to make themselves look good in the eyes of low information, sound bite voters. They’re willing to do whatever it takes to win the 2012 election, even if decisions made to make themselves look good in the short term are not sound long term solutions. As radical “progressive” political strategist and leftist hero Saul Alinsky dictated: the ends justify the means.

In the interest of national security and job creation, the United States should put Americans back to work delivering American energy to Americans. This is the best way for America to become energy independent while boosting the economy. Trying to force “green energy” on America’s economy overnight will only contribute to the collapse of that economy. Evidence: Spain’s troubled financial situation and extremely high unemployment.

America doesn’t need a broken economy. America doesn’t need short-term price fixes driven by partisan political decisions. America needs and deserves sound, long term solutions that will result in energy independence.

Drill here. Drill now.

http://mjfellright.wordpress.com/2012/03/16/grasping-at-energy-straws/

Democrats by the Numbers 2007- 2012

In late 2006, Americans were rolling along with 4.4% unemployment,  the average price for a gallon of gasoline was $2.20,  and America’s total national debt stood at $8.5 trillion dollars.

When comparing the statistics above with those of today after Democrats took over both houses of Congress in ’07, held the Senate in the ’10 elections and the Hope n Change White House of the past 3 1/2 years, the average citizens of other nations must be wondering just what were Americans thinking during the 2006 and 2008 elections?  As the saying goes, numbers do not lie, and Americans made monstrous uninformed voting decisions in ’06 and ’08 and now future generations of Americans will pay the price for these irresponsible actions for decades to come.

 Not only can the consequences of voting for the undefined Hope and Change Liberal’s  “fundamental transformation of America” be measured in [massive new debt] dollars and cents, it must also be measured in the [sure-to-come] loss of American freedom to a big debt-spending, all too powerful nanny-state plutocracy-in-the-making. (also known as the fake Democratic party of 2012.) The current all-powerful Liberal plutocracy must tax the workers more and steal a bigger chunk of American’s wealth to feed the nanny-state monstrosity of big government vote-buying through welfare-style handouts. (always done at the expense of the working man.) The following are the true numbers to consider when thinking about voting for four more years of the Obama/Liberal nanny-state destruction of America  in 2012:

 

TOTAL DEBT end of 2006 – $8.5 trillion (sourced above)  Total debt as of Jan. 2012 – $15.23 trillion dollars.  U.S. debt now equals 100% of the U.S. economy today. In comaprison to other advanced economies, only Greece, Iceland, Ireland, Italy, Japan and Portugal have debts larger than their economies. Four of those countries are also at the root of the current European debt crisis.  Add to that the projected 2012 deficit of another trillion-plus dollars, and America has went from $8.5T in total debt to approx. $17T dollars since 2007. That statistic represents the doubling of all the national debt accrued in America’s history… in just six years of Liberal-Democratic rule.

Gasoline cost Americans $2.20 a gallon in Nov. 2006. (and $1.86 a gal when Obama was sworn in) Today, under Barack Obama’s often-stated {back in ’07, ’08 on the campaign trail] skyrocketing energy prices, Americans are being crushed under the weight of paying $3.80 (national average) for a gallon of gasoline to try to get back and forth to work.  That means the average working American using 20 gallons of gas to get back and forth to work, now pays an extra $32.00 a week. Add that to the increased cost of groceries and other necessary items due to high fuel prices driving up transportation costs, and middle class America is in a world of hurt when it comes to trying to stretch the paycheck today. For many, this will also mean no summer vacation for the family, which happens to be a longstanding tradition in America.

The U.S. unemployment rate was 4.4% in late 2006. Today it is at 8.3%, and has been over 8%  under Barack Obama’s hope and change years in the White House. Should the Bureau of Labor’s numbers-crunchers decide to inject the truth of how many Americans have been taken out of the workforce, (and don’t exist according to them) the effective unemployment rate in America today is actually approaching 15%.

The price of food is also skyrocketing since Liberals took over Congress in 2007, further crushing middle class Americans. As a matter of fact, the price of groceries from 2007 – 2010  increased by an astounding 58%!  Add to that the 4.8% increase in 2011 and the projected additional 3% increase for this year and we have seen the price of groceries increase by a whopping, 65.8% since just 2007, under Liberal [fake]Democrats and the Hope and Change Community Organizer-in-Chief, Barack Obama since 2007. Of course, big daddy government has a solution for skyrocketing food prices: They will just take more money from the working class taxpayers to hand out more food stamps to buy Democratic votes, as in this reported whopping 70% increase in people receiving food stamps in America since….2007. With facts like these is it any wonder folks refer to Barack Obama and his Liberal operatives in Congress as the Food Stamp President and his Liberal food stamp party of big government nanny-state creators?

Clinton and today’s fake Democrat’s role in causing the housing crisis. Millions of hard working Americans have lost billions of dollars in home equity savings due to the depreciated value of their homes caused by the housing and mortgage crisis. A home bought for $330k in 2007 is now worth about $260k today. Most Americans are actually misinformed about the cause of the housing mortgage crisis.  The actual cause started back in the 90’s, when Congress required government-sponsored enterprises to purchase CRA loans as part of their affordable housing mandate. As these goals increased over time, the GSEs were forced to seek out even riskier loans to purchase. Then, in 1995, the Department of Housing and Urban Development permitted Fannie and Freddie to purchase subprime securities. Then it steamrolled out of control starting  when Republicans were calling for an end to Fannie and Freddie’s “everyone deserves a home, regardless of ability to pay” programs, yet Democrats in Congress let the madness continue unabated. President Clinton was a big part of enabling the housing crisis. With the stroke of his pen, Bill Clinton loosened housing rules  by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. Liberal Democrats went from “everyone deserves a trophy. regardless of accomplishments”  straight to “everyone deserves a house, regardless of ability to actually pay for said house.” Bottom line is that Bill Clinton could have prevented the housing crisis train wreck by vetoing that bill. Without it Fannie and Freddie could not have put the taxpayers on the hook for billions of dollars in home loans to folks who simply could not afford to buy a house.

In summary, middle-class Americans have experienced high unemployment, skyrocketing energy prices, along with budget-busting cost increases of everyday necessities such as food, clothing and transportation since 2007. We have also effectively doubled our national debt since Democrats took over Congress in 2007 and Obama  started implementing his hope and change fundamental transformation of America in 2009. Also of note is that President Obama recently took time out from his 24/7 reelection propaganda-spewing campaign ( funded by the taxpayers) to throw a multi-million dollar dinner party for the great and the good, which also just happened to include… 50 Obama reelection campaign bundlers. ( which is technically illegal) While many Americans struggle to put food on the table today, the elitists gathered in the White House to sip champagne and dine on extravagant menu items, all the while rubbing American’s noses in it with minute by minute television coverage.

Middle class Americans are currently suffering through a 4-year stagnant economy, high inflation ( with more coming) and record amounts of irresponsible new debt to be added to the backs of future Americans. There were about 20 million unemployed or underemployed Americans as of May 2011, and the jobs added during the last 8 months have not averaged enough to keep up with population growth, let alone expand the work force.

Do Americans really want four more years of Obama-nomics, which are rooted in the denial of the above facts?  More importantly can Americans afford four more years of Obama’s fundamental transformation of America? Ask the people of Greece how that irresponsible big government debt-spending works out. Simply put, “American austerity measures are coming, and hell is coming with them.” Which way will Americans vote in November?

 

Sen. Sessions: Obama to Eliminate Oil and Gas at Any Cost

Sen. Sessions (AL) met with Senate colleagues to discuss Obama’s obstructionist energy policy.

“Why are we seeing such a resistance to production of oil and gas? I believe Secretary Chu may have let the cat out of the bag when he said they really want to eliminate oil and gas as an energy source, and the price is not important to them… What that means is, we can see higher and higher prices, and the average consumers in Alabama and all over the country will pay more. They will pay the price for this social engineering strategy that we’re seeing in this administration. It is just plain as day.”

NOTE: To view Energy Secretary Steven Chu’s comments admitting that the Administration’s goal is not to lower the price of gasoline, please click here.

“progressives” Don’t Care if Americans Suffer at the Pump

There’s widespread consensus in the United States that America needs to become less dependent on foreign oil. America’s growing, ongoing dependence on foreign sources puts her at ever-greater risk in an unstable world. This instability drives the costs higher.

Progressives who feel an overwhelming compulsion to immediately replace America’s existing carbon economy with a green one couldn’t be happier with the higher costs. The current administration and fellow progressives continue to push America towards the green end, come what may. Stiffer regulations on auto makers, stifling EPA regulations on energy producers, refusals by the White House to permit development of domestic resources, quid quo pro government funded paybacks to big “progressive” campaign donors involved in green energy companies litter the landscape.

While such progressive actions may eventually “nudge” America towards green energies, they’re hurting the American economy at exactly the wrong time…the very moment when there’s a tepid turn towards possible recovery from a painfully deep recession that’s led to unacceptably high levels of long term unemployment.

America’s public and industrial infrastructures are based on the use of conventional fuels: petroleum, natural gas, coal and nuclear power. While there are moves to convert more public sector automobiles and mass transportation vehicles to natural gas, the overwhelming majority of Americans drive or ride in vehicles that burns gasoline or diesel fuel. Natural gas and heating oil are used in furnaces to heat homes and places of business. Coal, natural gas and nuclear plants generate electricity which powers countless devices, the uses of which are taken for granted every day. Coal, natural gas and petroleum products power American’s industrial complex, the base of her economic engine. Clearly, America’s economy depends very heavily on these existing sources of power. These methods of providing and consuming energy are all deeply ingrained into America’s businesses, manufacturing and home life.

It’s entirely impractical to expect to change the method of powering an entire society of over 300 million people overnight. It’s going to take a lot of time to finish such a task. More time than most people realize. Indeed, far more than is believed by those who continue living in “progressive” fantasyland. First, before making any such transition becomes practical, green energy alternatives must become economically competitive with conventional fuels. Today, they are not.

In the meantime, what energy’s going to be used in the manufacture, delivery and installation of all those windmills, solar panels, turbines, generators and power grid needed to provide renewable energy to the public, the renewable energy delivery system that has yet to be built? No, sorry. Traditional fuels will generate the energy that’s going to be used.

Why does America continue to spend hundreds of billions of dollars on foreign energy? Why isn’t the United States keeping those billions of dollars at home, in its own economy? At a time when millions of Americans are out of work and the economy is starving for liquid capital, why isn’t the United States taking advantage of its own wealth of natural resources?

Why does this progressive government continuously oppose giving Americans jobs drilling for oil and natural gas or digging for coal? Why does this “progressive” government persistently fight putting people to work building refineries and power plants? What does this progressive government have against giving energy employees jobs delivering oil, coal and natural gas to consumers? How many peripheral jobs will be created in the process? For every new oil well, power plant, refinery or mine built there will be a need to build new roads, restaurants, stores, churches, schools, and housing. All brought to you courtesy of the private sector.

In the interest of national security and job creation, America should put Americans back to work delivering American energy to Americans. This is the only way the United States economy will be able to afford making whatever “investments” in green energy make economic sense.

Meanwhile, the very people who argue that they’re the ones who care about the little guy will force those little guys to pay increasingly higher gas prices until they’ve submitted to the prescribed “change”. Demonstrably, progressives don’t care if Americans suffer at the pump.

http://mjfellright.wordpress.com/2012/02/20/progressives-dont-care-if-americans-suffer-at-the-pump/

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