Monday, February 20, 2012

"Policies that force higher gas prices were a complement to the crony capitalism of 'green tech'"

Barry Antoinette faces higher gas prices
2/19/2012

The New York Times finally informs its readers:

Rising gasoline prices, trumpeted in foot-tall numbers on street corners across the country, are causing concern among advisers to President Obama that a budding sense of economic optimism could be undermined just as he heads into the general election.

Obama wanted higher gas prices– as did his energy secretary, Steven Chu — so count this as Mission Accomplished. Policies that force higher gas prices were a complement to the crony capitalism of “green tech,” of which now-bankrupt, scandal-plagued Solyndra is just the surface. Apparently, reelection realities have now intruded, so he is suddenly in need of talking points:

In speeches this spring, aides said, the president will increasingly focus on his administration’s actions to raise the fuel efficiency of cars and to open new areas to oil and natural gas development. They said they hoped the moves would counter the accusation that he has stifled oil production. On Friday, the Interior Department announced an expansion of oil exploration in Arctic waters.

He’s talking up natural gas proposals in swing states in another stab at crony capitalism. The NYT helpfully refers to rising gas prices as a matter beyond Obama’s control — as Obama did last year while gas prices rose. Of course, waiting for an election year to do anything about domestic oil production ensures it is beyond his control now. In Obama’s world, if you are bothered by high gas prices, why don’t you just buy a new car? Can you imagine how the NYT and others would cover that response if it was made by Mitt Romney? Barry Antoinette, indeed.

Instead, expect to hear much from the DNC/MSM axis about Mitt Romney 2¢ gas tax hike while he was governor of Massachusetts. Memo to Mitt: you might want to get out in front of the bubbling story that one of your advisors, Greg Mankiw, advocates a $2 gas tax hike.

SOURCE: Karl - Patterico.com

No comments: