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January 2, 2011

Is Obama's goal of $7 a gallon gasoline in our future?

As we suffer through an administration that is proving far more hostile toward fossil fuel usage and the transportation budgets of middle and lower class families than it is toward almost anything else, including Muslim terrorists, and as gas prices head up toward $4 a gallon from the $1.81 a gallon it was before Obama took office ... AWR Hawkins asks "When Gas Hits Four Dollars a Gallon, Will It Be Slow Enough for Obama This Time?" (emphasis mine):

[...] ... two years into the Obama presidency, and one offshore drilling moratorium later, prices are well over $3 a gallon in much of the country and climbing fast. ...

... Obama's Interior secretary, Ken Salazar (D-CO), has proven himself as staunchly opposed to new drilling onshore as he is toward drilling offshore. That's right: In places far away from ocean waters, places like Wyoming, Montana, and Colorado, Salazar is doing all he can to curtail the issuance of any new exploratory leases for oil and gas. He says he doesn't want to expand drilling into places where drilling leases don't currently exist, which is just liberal-speak for "we're not going to increase drilling for fossil fuels."

Hardcore liberals like Congresswoman Debbie Wasserman Schultz and her ilk have defended Obama and Salazar's opposition to drilling by claiming the immediate impact of expanded drilling now would be less than a 1% increase in our oil supply over current levels and the long-term impact would not be felt significantly at the pump for ten years. Yet even if we grant these assumptive numbers for the sake of argument, the question that comes to my mind is: "Why didn't Democrats want to expand drilling ten years ago?" (If we'd started drilling in ANWR during George W. Bush's first year in office, we'd be reaping lower prices at the pump right now.)

This issue is frustrating because even a child can see that as demand for fuel grows, the leases we have at present will necessarily prove insufficient to meet the higher demand, therefore causing gasoline prices to soar. Therefore, to make sense of this mess we have to keep in mind that Obama doesn't want low gas prices to begin with. Remember: In 2008 he wasn't bothered by the fact that they hit $4 a gallon, just that they did so too quickly.

And the news gets worse. There's actually a Harvard study floating around, the findings of which demonstrate that Obama's real goal in denying us new oil supplies is to drive gas prices up to $7 a gallon. And lest we think such a per gallon price sounds too ridiculously high to be true, just consider a recent Heritage Foundation report which confirmed that such prices were not "out of the question." [Especially because] members of Congress are working with oil companies "to levy a carbon fee on the transportation sector." (Such a fee would be in lieu of cap and trade legislation, and would necessarily be passed on to the consumer via higher gas prices.)

For readers who find it hard to believe that Obama actually sees $7 a gallon gas as an appropriate price for the American family to pay (as in those who who were actually naive enough and so uninformed as to have voted for Obama), they need only to recall that he has said he wants energy prices to "necessarily skyrocket"

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Obama's oil-spill 'fix': $7-a-gallon gas?

Posted by Richard at January 2, 2011 10:39 AM

• Is Obama's goal of $7 a gallon gasoline in our future? - Jan 02, 2011