Whatever happened to President Obama's urgent campaign appeal to "free America from dependency on foreign oil"?
In eleven short months, the Obama administration has made more mistakes on energy policy than did Jimmy Carter in his entire term, and that's saying something.
What has he done to encourage more production of coal, oil and gas, and nuclear energy here at home?
The answer is, he has done nothing. All that he has done, including promotion of aggressive new EPA enforcement intended to address the fictitious "problem" of climate change, discourages new exploration and production. The result is that our future supplies of energy have been put at even greater risk... [snip]
Without adequate energy resources, we can expect a future of rising prices and short supplies.
Rising energy prices will lead to inflation throughout the economy, fewer jobs, less wealth, and less consumer spending. In the absence of cheap power, we can foresee the decline of our economy and with it the decline of military force necessary to defend ourselves against future enemies.
With his policy of blocking development of fossil fuels and nuclear energy, Obama has set the country on a perilous course. In one way or another, every citizen of the United States will pay for the irresponsible, anti-growth policies of this administration...
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