Obama’s energy hypocrisy
Following President Barack Obama’s comments of late about oil and the nation’s need for it is a surefire way to get neck strain watching him pingpong back and forth on the issue.
One moment he’s assuring Brazil of U.S. support and patronage of its expanded offshore drilling. Next, he’s telling a university crowd that the U.S. must reduce foreign oil imports by one-third by 2025.
Attention, Gang Green: The line for more subsidies forms at the left.
Mr. Obama says the Interior Department is “working to expedite new drilling permits” when, in fact, these apply mostly to existing projects. One operation off the Louisiana coast — in the works before the BP oil spill — took 314 days to get “back online with this administration,” says Louisiana political analyst Scott McKay.
The only sense in what Obama’s saying is that the U.S. will contend with shifting oil prices “until we finally get serious about a long-term policy for a secure, affordable energy future.” And that future is in oil and natural gas.
Together they account for meeting 60 percent of all U.S. energy needs, “compared to just 8 percent for all renewables,” writes Lawrence J. McQuillan, director of business and economic studies at the Pacific Research Institute.
So, for a president who despises slogans about high gas prices, here’s one more: Drill, damn it, drill!