Tag Archives: Oil

Another Obama Administration Flip-Flop

 

Energy Secretary Steven Chu - We need to raise....I mean...lower gas prices!

 

So far I haven’t seen much in the way of President Obama and his Administration keeping many campaign promises that were made during the last election. This is now holding true with their goal of raising gas prices to force us all to drive ecotardmobiles.

We now have that coming back to bite them in the behind. If you remember, Energy Secretary Steven Chu called for higher gas prices during the election. From a Wall Street Journal article on December 12, 2008 we get this bit of ecotardness…….

In a sign of one major internal difference, Mr. Chu has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars and living in neighborhoods closer to work.

“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,” Mr. Chu, who directs the Lawrence Berkeley National Laboratory in California, said in an interview with The Wall Street Journal in September.

So, now that gas prices have ‘ramped’ up to over $4.00 per gallon in some places like California and Hawaii, in less than 1 year, we have a different story.

Now that people are screaming, it’s becoming a threat to national security, it’s threatening to destabilize the economy again and ticking off voters, we suddenly get an about-face from Mr. Chu about what his job description is per an article from Fox News titled “Chu: My Job is to Take the Pain Out of High Gas Prices“…….

Energy Secretary Steven Chu, who in 2008 called for ramping up gas prices to those comparable to Europe in order to coax Americans toward green energy, said that as head of his department, he’s working on “developing methods to take the pain out of high gas prices.”

Well, promise or threat, it’s yet another Obama Administration faux pas to go from wanting to jack up gas prices to wanting to lower them. Meanwhile, our President is in Brazil today telling the Brazilians they can drill off-shore in the Gulf of Mexico while the EPA continues to try to hogtie our oil companies so they cannot drill there. I guess ‘drill baby drill” only applies to foreign oil companies that George Soros has $811 million invested in.

Remember, this is the same President who said during his campaign stated……

The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation.

As Commander-in-Chief, the President does have a duty to protect and defend the United States. In instances of self-defense, the President would be within his constitutional authority to act before advising Congress or seeking its consent.

…..yet continues on in Afghanistan and Iraq and now starts a war with Libya while leaving the border between the United States and Mexico in a very porous state in spite of stating “the President does have a duty to protect and defend the United States.”

This is also the same President who with the help of Harry Reid and Nancy Pelosi pushed through Obamacare and then turned around and so far has exempted over 1,000 entities from participating in Obamacare, the bill we had to read after it was passed.

Can we get some consistency please? The flip-flopping in the Obama White House is amazing and it’s making me dizzy.

Source: Fox News

 

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Dependence on oil bad – dependence on Chinese good

Michelle Malkin calls it straight and true in her article titled “China, the rare earth crisis & Obama’s green agenda” about how El Presidente’ wants us trading one dependency for another.  Kind of like quitting heroin and switching to cocaine, either a bad deal.

President Obama is pushing solar panels and other green technology pet projects as a way to create jobs and promote energy independence.

What his eco-radical bureaucrats won’t mention is that they are simply trading one type of foreign dependence for another: From Saudi oil…to Chinese rare earth metals.

As some of you may have read, the Chi-coms are flexing their regime muscle as the world’s dominant producers of the precious minerals used to manufacture solar panels, electric cars, wind turbines, and other environmentally correct products. China accounts for 95 percent of the rare earth metals market:

Yes, 95%. Not even OPEC has that kind of control. Per the DOE they only have about 43% of the world’s oil locked up. Of course with the no-drilling policies being put into effect by the Obama administration I would expect this will increase as we decrease our own production, which by the way Mr. Obama, gives entities like OPEC even more control over the United States.  Guess you geniuses forgot about that one, eh?

Why bring up oil? Well if you want to know it’s really the same crap different day that has put China in control of 95% of the Earth’s rare metals market. The greentards and Democrats have been busy closing up mines right and left, now it’s going to perhaps come back and bite us all in the butt unless we kowtow to the Chinese.

So I ask you why does the USA keep putting itself into these kinds of positions? We have plenty of oil, but no you can’t drill here, you can’t drill there, we’re about to the point where you can’t drill anywhere. We also have plenty of natural gas and coal, but the greentards don’t like that either.  I’m perfectly fine with solar as long as it is price-competitive, but that isn’t going to happen when the Chinese control 95% of the market and can jack the price up.

This also puts our defense industry at risk. Need some rare materials for that guided missile? If the Chinese don’t want you pointing one at them they can merely refuse to sell it to us.  It also, if you think about it, puts Taiwan at risk.  The Chinese don’t make any bones about wanting it back and it they can effectively neuter the rest of the world’s armies, navies and air forces, then they can pretty much do what they damn well please.

A lot of people in a big building in Washington, DC with a big dome full of hot air need to wake the hell up before it’s too late and we’re mired in the mud trying to get minerals and oil after everyone realizes we’re all bark and no bite and they turn off the spigots.

Source: Michelle Malkin

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Nuclear Option for Deepwater Horizon Leak?

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The nuclear option for sealing the massive leak from the Deepwater Horizon oil well in the Gulf of Mexico has been mentioned before, including on this blog, and for the most part seemed to get laughs as being implausible.  Frankly when I posted here about the North Koreans possibly causing this and the solution being an atomic bomb, I was only about half serious, as both notions seemed beyond the realm of reality. I guess this is what me and a lot of other people get for thinking it being silly as it’s come back in the form of reality to bite us in the butt.

According to this article in Telegraph.co.uk, this may not be as unrealistic as you think.  In fact it appears President Obama may be giving this serious contemplation.

The US has sent a team of nuclear physicists to help BP plug the “catastrophic” flow of oil into the Gulf of Mexico from its leaking Deepwater Horizon well, as the Obama administration becomes frustrated with the oil giant’s inability to control the situation.

The five-man team – which includes a man who helped develop the first hydrogen bomb in the 1950s – is the brainchild of Steven Chu, President Obama’s Energy Secretary.

He has charged the men with finding solutions to stop the flow of oil.

Evidently the President has had it with the buck-passing and the inability of BP to stop this massive oil leak.

The five scientists visited BP’s main crisis centre in Houston earlier this week, along with Mr Chu, and are to continue to work with the company’s scientists and external advisers to reach an answer.

In an interview with The Daily Telegraph, Mr Hayward said the five-hour meeting involved a “very deep dive” into the situation at hand, with “lots of nuclear physicists and all sorts of people coming up with some quite good ideas actually.”

Pressed further about the meeting, he said they had “come up with one good idea” but declined to elaborate.

I wonder if this “one good idea” involves a rather large bang?

The five include 82-year-old Richard Garwin, who designed the first hydrogen bomb, and Tom Hunter, head of the US Department of Energy’s Sandia National Labs.

In addition, Mr Chu has already dispatched Marcia McNutt, the head of the US Geological Service, to the oil company.

When you have one of the men who’s the father of the Hydrogen Bomb being dispatched about this, it really does sound like this is going to be a serious consideration, especially if BP’s other attempts to plug this leak up fail.  You have to consider that using “the bomb” may cause less damage than the massive oil slick will.  I heard one scientists on the radio today who figured it could actually be blowing out as much as 100,000 gallons of oil per day.

Regardless of what you think about CO2, global warming, or climate change, this is a disaster that may make anything in the past pale in comparison and I’m all for whatever will stop this.  The faster the better.

Source: Telegraph.co.uk

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