President Barack Obama's Secretary of Energy Stephen Chu uttered the kind of Washington gaffe that consists of telling the truth when inconvenient. According to Politico, Chu admitted to a House committee that the administration is not interested in lowering gas prices.Let a Republican say something like that and it would be the lead item on all the network news shows.
Chu, along with the Obama administration, regards the spike in gas prices as a feature rather than a bug. High gas prices provide an incentive for alternate energy technology, a priority for the White House, and a decrease in reliance on oil for energy.
The Heritage Foundation points out that hammering the American consumer with high gas prices to make electric and hybrid cars more appealing is consistent with Obama administration policy and Chu's philosophy. That explains the refusal to allow the building of the Keystone XL pipeline and to allow drilling in wide areas of the U.S. and offshore areas.
Wednesday, February 29, 2012
Even before he was elected Obama made it clear he liked the idea of $5 a gallon gas, and his Energy Secretary confirms that the administration is not interested in fixing what they don't see as a problem:
Posted by Rick Moore on 2/29/2012