Far, far from it; Obama is the most successful King we’ve ever had.
The left’s “energy” initiatives of the past decade—the entire purpose of energy policy, in fact—have been aimed at artificially driving fossil fuel prices up to incentivize the bitter clingers to embrace the government’s Utopian energy schemes. No secret has been made of it. In 2008, candidate Barack Obama was asked by CNBC’s John Harwood, “So could the (high) oil prices help us?” Obama: “I think that I would have preferred a gradual adjustment.” Sudden spikes are bad (politically speaking), but gradual price spikes? Helpful. That same year, current U.S. “Energy” Secretary (then just a zany professor) Steven Chu clarified that “somehow we have to figure out how to boost the price of gasoline to the levels in Europe.”
Who says this administration doesn’t get things done?
What we need are clean energy investments, properly inflated tires, Chinese-style rail systems—all free of the distraction of capitalism. Also, we must rid the nation of oil subsidies. This I completely support, as long as the funds are reinvested into projects beneficial for the struggling American worker, say, bike paths or public service announcements.
We all, you see, have to make adjustments. As President Obama explained, “if you’re complaining about the price of gas and you’re only getting 8 miles a gallon…you might want to think about a trade-in.” What kind of trade-in, sir? Let me guess. A $41,000 economy-class government-made Chevy vehicle (a real cost of 100K-plus without taxpayer support) that plugs into expensive government-subsidized energy produced by the sweet howling wind? Yes, these are the serious people.
Then, of course, there is all the profit-mongering we keep hearing about. The Congressional Budget Office reported that in January, federal and state fuel taxes sucked in about 48 cents per gallon for gasoline and 53 cents per gallon for diesel fuel. Government typically sees more profit per gallon of gas than the oil companies. At least the fossil fuel oligarchs—smart enough to control the entire world market but too dumb to do it more often—have the decency to provide a product before taking carnal advantage of us at the pumps.
Well, hey, all the more reason to hate them, then.
But remember how I’ve always said that urban liberals would be changing their tune once the price of gas, among the other forces intentionally unleashed on the consumer by Obamaflation, forced them to pay forty bucks for a head of lettuce? Those good times are a-coming on fast, folks, and the backlash is starting up in earnest.