This administration’s energy policy is giving me gas, but not the right kind. It amazes me that so many voted for him, when his policies are so clearly harmful. Such is the power of wishful thinking, I guess.
Guest Post by Willis Eschenbach
President Obama continues his Global War on Cheap Energy™, this time under the guise of avoiding “spikes” in gasoline (petrol) prices. He wants to pass gas without regrets and move post-haste to electricity and biofuels, although both are more expensive than gasoline and diesel for road and rail transport. According to the Associated Press, in a speech at the Argonne National Laboratories Obama said:
The only way to break this cycle of spiking gas prices — the only way to break that cycle for good — is to shift our cars entirely, our cars and trucks, off oil.
Let me start by saying that I’m greatly encouraged to hear that Obama has solved the problem of price variation in capitalist societies. It’s simple. Are you like me, bothered by gas prices going up and down, tired of seeing peaks and valleys in the cost…
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