"I was impressed by the President's analysis of this situation, where we have no control over the global price of oil," Charles Krauthammer said. "We're dependent on oil from unfriendlies. And he says, as we heard, drilling for oil to relieve our dependency is not a solution, it's not a plan. He said we have to go to clean energy. He talks about something really revolutionary today. Algae. A $14 million grant for the development of algae... I think this shows the vision, the hope and change he promised in 2008." Hat tip to Bully Pulpit
PRAGER DESTROYS OBAMA’S ALGAE OIL SPEECH
Obama's oily deception "It is beyond absurd that a country sitting on so much natural wealth refuses to exploit it for the benefit of its citizens and instead deliberately puts the nation in the position of being subjected to the whims of others and face national insolvency. This can only be a deliberate strategy by those determined to destroy the basis of the American free-market economy.
Warning Signs: Lower Than Pond Scum "In a 2008 Wall Street Journal interview, Obama’s Energy Secretary, Dr. Steven Chu, famously said, “Somehow we have to figure out how to boost the price of gasoline to the levels of Europe.” Anyone who does not believe this administration has a deliberate policy of achieving this goal is just not paying attention. Remember that the next time you fill your car’s gas tank."White House: We Got You 40 Bucks; Go Spend It on Gas " He added that Obama has taken “a number of steps related to oil and gas production in this country,” including an exploration agreement with Mexico and additional drilling in the Arctic Ocean.
Earnest was pressed by another reporter on whether Obama was considering tapping into the Strategic Petroleum Reserve.
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