Among other things, the report Rising Energy Costs: An Intentional Result of Government Action accused the administration of restricting access to domestic energy sources, hindering fracking technology and hampering the economic recovery by proposing new taxes on the energy industry.
The report also says the Environmental Protection Agency (EPA) coordinated with environmental groups to target energy producers with environmental concerns. According to the report, the Oversight Committee obtained an email between the EPA Texas regional director and an environmental advocate congratulating each other on progress in creating barriers to energy production from fossil fuels sources.
Issas report sought to highlight Obamas history of pushing for alternative energy sources, noting a quote from the presidents 2008 campaign in which he said, Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.
Coal-powered plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money.
Steven Chu, secretary of the Department of Energy, was not spared in the report, which targeted his past statement, somehow we have to figure out how to boost the price of gasoline to the levels in Europe.
