When asked about the rising gas prices and if Congress was going to make any attempts to stem the increases, Energy Secretary Steven Chu said:
“No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy,” Chu replied. “We think that if you consider all these energy policies, including energy efficiency, we think that we can go a long way to becoming less dependent on oil and [diversifying] our supply and we’ll help the American economy and the American consumers.”
So - given that Mr. Chu and the rest of the Obama White House believes that rising gas prices are good for us, that they will lead to energy independence, I fully expect that they will be providing subsidies to the American people to ease their financial burdens until that independence is achieved.
I'm waiting by my mailbox for the financial assistance to arrive.
As my friends at Brutally Honest observed - quite rightly IMO - the current gas prices aren't nearly as high as Obama wants them to be. He wants to force energy independence by crippling the American people thru high gas prices.
While Obama continues to give $10,000 incentives on the Chevy Volt to the underwhelming thousands of people buying the generally unaffordable ($41,000 before the incentive) and unsellable vehicle - Volt has continued to underperform on sales with less than 4,000 sold in all of 2011; contrast that with the number one selling vehicle in America in 2011 - the Ford F-150 truck which sold an average of 40,000 units in 2011...per month - the vast majority of Americans continue to drive vehicles that run on .... gasoline.
We have no choice but to pay the ever-increasing gas prices while Obama and his minions push thru green policies that are, quite effectively, crippling industry and making all indications to be abject failures.
Don't believe me? Just ask the employees of Abound Solar - who just laid off 70% of its workforce. And just ask the American taxpayer who shelled out $400 million to Abound Solar for solar panel production. Or ask the now-defunct Solyndra and their 1,200 out-of-work employees about the planned layoffs in 2010 while they accepted $535 million in taxpayer money.
Secretary Chu and Obama seem to be ignoring what could, hopefully, become an inconvenient truth for them in November 2012.