I note with a certain amount of schadenfreude that US Secretary of Energy Stephen Chu put his foot in his mouth in no uncertain terms today.
Chu admitted to a House committee that the administration is not interested in lowering gas prices.
Chu, along with the Obama administration, regards the spike in gas prices as a feature rather than a bug. High gas prices provide an incentive for alternate energy technology, a priority for the White House, and a decrease in reliance on oil for energy.
. . .
The consequences of the policy are not likely to be of benefit to the Obama administration. The Republican National Committee has already issued a video highlighting the spike in gas prices and the failure of the administration to address the issue.
. . .
Add into the mix green energy fiascos like Solyndra, and Chu might well have kindled a full blown scandal.
There's more at the link.
I should darn well hope the Administration's opponents will take advantage of such a slip! We're all suffering under high gasoline prices at present; so to have a senior Administration official tell us that they're OK with this, and it's in line with their policies, is enough to make everyone's blood boil!
I note, too, that oil and gasoline prices have risen steadily since this Administration took office, a little over three years ago.
Of course, much of the increase has been caused by the fall in the value of the US dollar, thanks to the Fed's 'quantitative easing' programs: but those programs were made necessary in part by the massive borrowing needed to sustain the Administration's financially ruinous rates of expenditure. In the end, it all comes back to President Obama's policies, and those of his party. I rather suspect they'll have to pay a price for that come November - at least, I hope so!
(That hope has nothing to do with the fact that it's a Democratic Party administration, either. Any Administration this feckless and incompetent should suffer for it, irrespective of their party!)