Thursday, March 31, 2011

Double Speak: Obama Calls for 1/3 cut on Oil Imports...told Brazil last week he wanted to be a major importer




Double Speak: Obama Calls for 1/3 cut on Oil Imports...told Brazil last week he wanted to be a major importer

Obama is keeping his one and only promise...

watch?v=CNSZ62xiD4M

Today, Obama called for a 1/3 cut on imported oil. Add this to the decrease in domestic oil production, thanks to Obama's drilling moratorium, and you get higher gas prices...higher than they already are.

From the Washington Post:

President Obama on Wednesday called for a one-third cut in oil imports by 2020, part of a plan he says will reduce U.S. dependence on foreign petroleum.

Only if U.S. companies are allowed to drill and the Obama regime stops illegally blocking them. Obama is a notorious double-speaker, just last week, he informed Brazil that he wanted to be a major importer of their oil.

With rising gasoline prices at home and political turmoil throughout the Middle East, Obama sought in a speech at Georgetown University to rally Americans — and bickering lawmakers — behind a program that draws equally from energy savings and increases in energy production.

"We've been down this road before," Obama said, acknowledging that past presidents have made similar calls for greater energy independence. But, he added, "we can't rush to action when gas prices are high and then hit the snooze button when prices are low again."

Maybe Obama will start letting U.S. oil companies drill since he allowed George Soros' Pretrobras a drilling permit.

He said that rising demand from developing countries such as China mean that oil demand will continue to rise faster than supplies, and that whatever ups and downs in prices took place, "when you look at the long-term trends, there are going to be more ups than downs."

Gas and energy prices have done nothing but go UP since Obama took office. I wonder if his policies have just a little something to do with it. He has stopped US companies from drilling in the Gulf of Mexico and his E.P.A. is trying to bankrupt the coal industry but withdrawing mining permits. They are trying to do the same thing to natural gas.

Add a comment to this post


WordPress

WordPress.com | Thanks for flying with WordPress!
Manage Subscriptions | Unsubscribe | Reach out to your own subscribers with WordPress.com.

Trouble clicking? Copy and paste this URL into your browser: http://subscribe.wordpress.com


--
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum
 
* Visit our other community at http://www.PoliticalForum.com/
* It's active and moderated. Register and vote in our polls.
* Read the latest breaking news, and more.

No comments:

Post a Comment