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2 Bumps

Are Obama's policies pushing up energy costs?

Our nation’s natural resources and access to affordable energy are under assault from environmentalists, business interests and progressive politicians. Their plan is to raise the price of fossil fuels to make renewable energy economically competitive.

But too many Americans already face significant financial difficulties due to soaring energy costs and rising food prices. For example, a May 2011 USA Today/Gallup poll found that seven in ten Americans say high gasoline prices are causing them personal financial hardship.

Lower-income families are hardest hit by soaring energy prices. A recent study concluded that these households are spending nearly a quarter of their incomes on energy costs. Considering income inequalities, energy price increases have a disproportionately large effect on black and Hispanic households.

This crisis reverberates. Wal-Mart, the nation’s largest retailer, cites higher gasoline prices for disappointing sales. A poll conducted by the wholesaler website found 25 percent of small business owners fear high fuel prices will lead to layoffs.

President Obama’s energy policy is a major contributor to this economic pain. Instead of taking advantage of our nation’s abundant supply of domestic natural resources — coal, oil and natural gas currently provide about 85 percent of our energy needs — Obama is waging a war on fossil fuels.

Obama’s energy policy is designed to raise the costs and reduce the supply of fossil fuels through regulation of natural resource development and use.

Unfortunately for America, it’s the only way Obama can make renewable energy competitive to meet his goal of generating 80 percent of electricity from “clean” energy sources by 2035.

It’s a command-and-control energy policy where the federal government takes an active role in picking energy winners and losers, causing energy prices to “skyrocket” while stifling economic growth and driving jobs overseas.

Answer Question

Asked by Carpy at 6:57 PM on Jun. 5, 2011 in Politics & Current Events

Level 39 (114,053 Credits)
Answers (10)
  • – collapse

    No, but your bitching about him constantly is pushing on my last nerve...


    Answer by IhartU at 6:58 PM on Jun. 5, 2011 (hidden) + expand

  • No, but your bitching about him constantly is pushing on my last nerve...

    Poor thing.

    Comment by Carpy (original poster) at 7:06 PM on Jun. 5, 2011

  • I think so. We should be using the resources we have here in the US, but we're not. It came out not long ago that we have the largest oil reserves in the world and they aren't being used.

    But then again, I wouldn't expect anything different from someone who wants to force alternative energy on us by putting it out of our price range.

    Answer by DSamuels at 7:06 PM on Jun. 5, 2011

  • No, but your bitching about him constantly is pushing on my last nerve...

    You didn't have to answer or even open the post. Just sayin'

    Answer by DSamuels at 7:14 PM on Jun. 5, 2011

  • Yes, and in turn putting more pressure on the middle and lower class who are already hit by hard times.... but really, are you surprised at all... I'm not.

    Answer by daughteroftruth at 7:24 PM on Jun. 5, 2011

  • Seems they are......
    A new report from the House Committee on Oversight and Government Reform details a disturbing “pattern of evidence” indicating that not only are the Obama administration’s energy policies responsible for higher oil and gas prices, but that the administration’s energy policy, in fact, is higher gas prices.
    And.......we all heard him say "energy prices would necessarily skyrocket"

    Answer by itsmesteph11 at 7:36 PM on Jun. 5, 2011

  • Yes, entirely. Unless he does an 180 degree turn and signs more permits to drill and to frack in the Dakotas and Texas and Colorado. Allow more refineries instead of blocking them repeatedly. As the fool in the WH once promised "energy costs will necessarily skyrocket" as he implements his energy policies engineered by his Marxist socialist czars. I think he will be very beatable in 2012 on this policy failure alone. When voters suspend their common sense and allow the master snake oil salesman to colorfully lie his way past the servile media, they get four years of Barry Obama. Opening up our oil resources will almost immediately influence the world oil market in favor of lowering futures prices. It is a progressive myth that our drilling will take years to increase supply and lower prices.

    Answer by annabarred at 7:54 PM on Jun. 5, 2011

  • Of course.

    Answer by sopranomommy at 8:39 PM on Jun. 5, 2011

  • causing energy prices to “skyrocket” while stifling economic growth and driving jobs overseas.

    I wonder if those jobs leaving the country will be blamed on Bush or if Obama will take ownership of that one.  No, I really don't wonder.  LOL.  We all know it will have been Bush's fault.


    Answer by QuinnMae at 9:37 PM on Jun. 5, 2011

  • For the nation ~ yes. For me personally ~ no.

    Apparently the fact that we notice it means that some people will be spending more for sedatives (which use energy for production lol).

    Answer by Farmlady09 at 10:23 PM on Jun. 5, 2011

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