Sunday, December 21, 2008

Obama’s Energy Sec. Wants Gasoline Price Increase of 300%

Gasoline where I am is back down to $1.49 a gallon. The national average right now is about $1.65 a gallon.

The Eco-Marxists aren’t happy with the price of gasoline being low. If you remember during the primaries, even Barack Obama said the price wasn’t bad, it just rose too fast.

To the green mafia, the price of gasoline should be so high that people can’t drive to work and have to rely on public transportation. And if the market won’t keep the price high, government will.

Steven Chu is Obama’s nominee for Energy Secretary. Here’s what he thinks about gas prices:gas prices

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, who directs the Lawrence Berkeley National Laboratory in California, said in an interview with The Wall Street Journal in September.

The price of petrol in Europe right now is more than three times the price of gasoline in America. So, given Mr. Chu’s preference, instead of paying $1.49 per gallon, I would be paying $4.50 a gallon. Instead of a tank of gas costing me $17 and some change, it would take $54 out of my wallet. For the record that would be $37 in taxes for each tank of gas I buy.

Believe it or not, this is what the environmentalists voted for. This is exactly what they want from an Obama government. This is the change they believed in, and we can expect more of the same across the board.

One last quote from Mr. Chu to illustrate my point:

Coal is my worst nightmare.”

What do you think will happen to energy prices under him?