Chu: maybe we should lower gas prices after all

Just a couple of weeks ago, Energy Secretary Stephen Chu disavowed any interest in lowering gas prices:

“But is the overall goal to get our price —”, asked [Rep. Alan] Nunnelee, who didn’t finish the sentence.

“No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy,” Chu replied.

That, of course, was wholly consistent with Chu’s long-standing position that gas prices ought to be as high here as in Europe. His policies seem to be working:

But now someone has finally reeled Chu in, pointing out that his let-them-eat-cake-alternative-fuels policy is utterly insane, politically speaking. Now Chu has renounced that position.

That’s what he says, anyway, but this is an election year. Don’t you believe a word of it. Once re-elected, that bunch will go back to doing everything they can to drive up gas prices.

In fact, other than Chu’s testimony, is there any reason to believe they have actually stopped trying to drive up prices? Has President Obama reversed his rejection of the Keystone XL pipeline, or stopped slow-walking drilling permits? Has he opened up the continental shelf to oil exploration? Has he done anything?

About these ads

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 48 other followers