Monday, May 09, 2011

Flashback: Obama Energy Secretary Chu Says We Must Get Gas Prices “to the Levels in Europe”

Flashback: Obama Energy Secretary Chu Says We Must Get Gas Prices “to the Levels in Europe”
The Right Sphere ^ | April 29, 2011 | Brandon Kiser

Posted on Monday, May 09, 2011 12:10:49 PM by george76

Read what President Obama’s Secretary of Energy Steven Chu had to say about gas prices back in December: 

In a sign of one major internal difference, Mr. Chu has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars and living in neighborhoods closer to work.
“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,” Mr. Chu
... 

the best route for raising gas prices for Chu is to increase taxes and then demonize the oil companies for *gasp* making a profit. And if you don’t think government makes enough in taxes on gasoline, look here: 

Exxon makes an average of 2 cents per gallon in America, while government takes in an average of about 50 cents depending on your state.

Remember this the next time you fill up. Obama and his administration don’t want to lower costs, they want to raise them.
(Excerpt) Read more at therightsphere.com ...

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