Wednesday, February 22, 2012
Obama & Chu: gas prices up - you must be happy?
Joe: gas prices are becoming very painful... It seems Obama,
Chu, Newt and Barbor all agree – Obama wants gas prices to go up. -Bob
Europe gas quote haunts President ObamaPresident Barack Obama’s Energy secretary unwittingly created a durable GOP talking point in September 2008 when he talked to about the benefits of having gasoline prices rise over 15 years to encourage energy efficiency. “Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.”
Chu did not walk back his comments as he has attempted to do in the past. In fact, he embraced the strategy noting that his focus is to ease the pain felt by his energy policies by forcing automakers to make more fuel-efficient automobiles:
From NBC’s Catherine Chomiak
Gov. Haley Barbour (R-MS) today alleged the Obama administration wants gas prices to go up in order to make alternative sources of fuel more competitive and to reduce pollution.
Then Senator Barack Obama, in 2008, on the prospect of $4 gas:
HARWOOD: So could these high prices help us?
Sen. OBAMA: I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing. But if we take some steps right now to help people make the adjustment, first of all by putting more money into their pockets, but also by encouraging the market to adapt to these new circumstances more quickly, particularly US automakers, then I think ultimately, we can come out of this stronger and have a more efficient energy policy than we do right now.