Friday, June 18, 2010

$7-a-gallon gas? The folly of O's oil-spill 'fix'

NY Post "The logic linking cap-and-trade to the spill in the Gulf should frighten anyone who owns a car or truck. Such measures force up the price at the pump -- Harvard Kennedy School's Belfer Center for Science and International Affairs thinks it "may require gas prices greater than $7 a gallon by 2020" to meet Obama's stated goal of reducing emissions 14 percent from the transportation sector. "
Cartoon: Lisa Benson, Townhall

Obama's Latest Shakedown "No matter how culpable BP is ultimately determined to be, Obama's bullying should not deflect our attention from another culprit here: environmental extremists." David Limbaugh.

Never Let an Oil Spill Go to Waste  "...Every green job Spain has concocted since 2000 has cost taxpayers $774,000. Spain is about to be junk-bonded, and its green-energy economy is not helping.
"What about the president's contention that "we're running out of places to drill on land and in shallow water"? This is what you might call a meta-truth. For instance, "The sun is dying!" or "The budget will be balanced." The oil, coal and natural gas we know exists but haven't drilled for yet alone would be enough to provide hundreds of years of energy for the nation." David Harsanyi.

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