Friday, March 09, 2012

Two Faced President

Mario Loyola at NRO:

The news wires are reporting that President Obama actively lobbied Senate Democrats to defeat the Keystone pipeline yesterday. The effect of blocking the Keystone XL Pipeline is to defer 700,000 barrels of oil per day. And as I reported at The Weekly Standard recently, the president’s policy of choking off oil production under federal leases will prevent another 1 million barrels of oil per day this year, and even more next year.

Obama will soon be personally responsible for preventing some 2 million barrels per day of possible North American crude oil production from reaching the American economy. The U.S. currently produces only about 6 million barrels of domestic crude oil, so that would be more than a 30 percent increase in domestic production.

It's not news that Obama hates oil and the horse it rode in on. He and Chu have both admitted wanting higher gas prices in order to make alternate energy sources more attractive. But what gets me is that he pretends to want lower gas prices as well and some people accept it.

Two weeks ago the White House said that they weren't really against the pipeline; the fault was with the Republicans who forced a vote before yet another environmental study could be done. Now we find him lobbying against it.

The president gives a speech one day about how fossil fuels are the energy source of the past, and the next day laments that higher gas prices are hurting the struggling American family. (while at the same time trying to minimize the price rise by suggesting it's seasonal)

He's right that fossil fuels are of the past, much like water is the drink of the past, and air is the, um, air of the past. They are also of the present. We still need them. When we're all Leo DiCaprio rich, then we'll buy Teslas. Until then, keep your big government boot off our fuel injectors.