President’s Budget Projects 72% Drop in Off-shore Drilling Lease Revenue
With gasoline prices at historic highs, and threatening to go even higher, Department of Energy Secretary Steven Chu, who recently revealed he does not even own an automobile, was reported as saying back in September of 2008 (prior to the Obama Administration and his appointment as Secretary of the Department of Energy), that American gasoline prices should be gradually raised over a fifteen year period to encourage energy efficiency. He was quoted in a Wall Street Journal interview back then as stating “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.”
If the fact that a man with this ideology serves in the Obama Administration as our Secretary of Energy fails to convince you, perhaps the following recently revealed information from a press release from National Resources Committee Chairman Doc Hastings (R-WA) will confirm the direction that President Obama intends to take us if he wins re-election in November.
Harold
ACGR's "News with Attitude" 