The Obama administration announced yesterday more regulation of the oil industry (and a $52,000,000 price tag). They want to further regulate the 'speculation' on the prices, so that investors (or 'speculators') can't drive the price of oil higher and make their profits off of the consumers.
However...
This conflicts with President Obama's and Energy Secretary Chu's statements that they WANT higher energy prices (oh, Algore ran on this same idea in 2000). Why would they want higher prices? So we will stop burning gas! (See videos below)
Mr. President, why don't you work to lower the price, use up the "finite" resource as you call it, then we would be forced to drive our wind cars (since corn based fuel has turned out to be...uh, still BURNING things).
If you don't understand the "oil is a finite resource" argument - READ THIS
5 comments:
He is purposefully driving costs up to force Americans to live a certain way and choose certain things...we have the most anti-American president in the nations history, and the American people are either stupid, racist, or socialist...Scary times for the land of the free and the home of the brave...
He's a utopian socialist and has explained to the American people time and time again what he wants to do.
Unfortunately most Americans were looking at his skin color rather than listening what the socialist agenda for their future was under this regime.
That's what happens when we elect a Marxist to the White House.
LL - Yah, but he only told the American people while campaigning or doing interviews, or through his books.
Odie - He is only a "Marxist" in the sence that everything he does is in line with the teachings of Karl Marx.
Race - Who has time to check out what presidential candidates say or what they stand for when there is ESPN (opiate of male masses) and the Lifetime Channel (opiate of female masses)?
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