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Thread: Steven Chu Retracts Previous Call for Higher Gas Prices

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    Steven Chu Retracts Previous Call for Higher Gas Prices

    As gas prices loom near the $4-a-gallon mark, the Obama administration has been hit with a public outburst that could prove politically lethal. And while the President is quick to emphasize that he does not favor high gas prices, his administration is toting heavy baggage in the area of energy policy. At a news conference last Tuesday, Obama told Fox News it is deceptive to suggest that the White House harbors a secret agenda to increase gas prices with the intent to curb Americans’ addiction to fossil fuels. "You think the president of the United States going into reelection wants gas prices to go up higher?" he asked. "Is that — is there anybody here who thinks that makes a lot of sense?"
    However, then-incoming-Energy Secretary Steven Chu’s (above) 2008 remarks to the Wall Street Journal seem to assert the affirmative. "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe," Mr. Chu told the Wall Street Journal in a September 2008 interview.
    http://www.thenewamerican.com/tech-m...her-gas-prices

    And then there's the Obama quote; “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”

    They wanted to see energy prices skyrocket before they wanted them to come back down.
    "If a politician found he had cannibals among his constituents, he would promise them missionaries for dinner."

    "The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable."

    H. L. Mencken

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