With the barrel of oil hovering around $100 and the turmoil in the Middle East threatening higher prices, somewhere in Washington D.C., energy secretary Steven Chu must be feeling awful good about the developments.
Back in September of 2008, Dr. Chu, who was then the director of the Lawrence Berkeley National Laboratory in California, said "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe," in an interview to Wall Street Journal.
In the same year, then candidate Senator Obama said "we've been consuming energy as if it's infinite." When asked if gas prices, which had briefly spiked under President Bush, would help reduce demand, Obama replied: "I think that I would have preferred a gradual adjustment." He didn't object to higher prices, only to the fact that we use too much energy.
The concerted effort to nudge energy prices up have more recently included (perhaps) deliberately following a foreign policy that encourages turmoil in the critical regions of the world, and imposing a drilling ban that was based on tampered with, deceitful reports.
As a result of his de facto moratorium, a large drilling company was forced to declare bankruptcy, the economy of the region has been hobbled and at least seven rigs moved out of the Gulf area to other parts of the world while many others remain idle.
Consequently, production in the Gulf of Mexico is expected to fall by 240,000 barrels a day. Yet in his recent press conference, Obama falsely claimed oil "production from federal waters in the Gulf of Mexico reached an all-time-high." All time high? That would be despite EPA and DOE throwing roadblock after roadblock to drilling in places like Alaska and Virginia, and we all know that that is false!
As Steve Everley at American Solutions points out, there's also the matter of 800 billion barrels of oil locked up in shale in Wyoming, Utah and Colorado. These shale reserves are triple the proven reserves of Saudi Arabia, proving Obama's press-conference claim that the U.S. has only 2% of the world's oil to be blatantly false.
Tidbits like universal health care, controlled academia and media, and sky high energy and food prices are cornerstones of socialism. The idea is to make life difficult so that dependency on the state becomes inevitable for most.
With likes of the President, Carol Browner, Lisa Jackson, and Dr. Chu, who needs enemies? We are sleeping with them!