Once again Obozo vilifies the evil oil companies and hides behind the myth that you cannot drill your way out of the oil crisis. Well he has proven beyond a shadow of a doubt you cant pour money into Solyndra and get anything but empty slogans. Rather than losing a half a billion of taxpayer dollars down the favorite Rat laundry machine, we could have let an American company invest its own money putting Americans to work producing American oil. The best part of this equation is that rather than costing the American taxpayers one single dime, the oil companies would have paid tax dollars in royalties. They are proving beyond a doubt that liberals have no idea how this country works.
His speech on energy was embarrassing in he gave his marching orders to the gathered press secretaries claiming that drilling has nothing to do with price when most of us have been warning of this shortage since Keystone and beyond. This is the direct affect of his prohibition of drilling in the Gulf, the Federal lands moratorium and finally Keystone. It is a bigger problem of a lack of refining capabilities that we have to provide refined products around the world since there is a worldwide shortage of both oil and refineries although not for long.
This is the same old liberal hatred of the oil companies and his fundamental religious following of the Global Warming fraud. To pretend that you cannot drill and develop your resources to reduce the shortage of that very resource is so short sighted and disingenuous it would be a joke if it wasnt so expensive. He and the DNC are simply driving this country into financial destruction over a fraud and a scam invented by agenda driven junk science so everybody has to pay their tithes whether they belong to the cult or not. This theocracy has enslaved the entire country.
His answer was algae which is the favorite solution of Energy Secretary Chu. This is what he won his Nobel Prize putting him in some fine company indeed. If you thought solar or wind were socialist boondoggles you havent seen nothing yet. Can anybody imagine the size of the algae ponds required to replace even a percentage of the worldwide need? This is simply another bad idea to avoid having to drill and support the hated oil companies.
Secretary Chu is a Global Warming extremist who claimed the Sierra Nevada Mountains would be snow free by the year 2017 which was a major reason the commie libs closed down farming in the Central Valley of California. Those same mountains have had record snowfalls over the past three years as we head into a cooling trend. Now they want to do to America what they did to those farmers with algae.
