President Obama’s sordid history of pitting American against American and favored industries and workers against those less favored by The One now escalates.
His Energy Department has announced it will release 30 million barrels of oil in an effort to lower the price of oil and increase Obama’s poll numbers. Well, that is not the explanation, of course:
U.S. Energy Secretary Steven Chu said the release of oil is a response to oil supply disruptions caused by turmoil in the Middle East and North Africa, including Libya.
The administration said the uprising in Libya has resulted in a loss of about 1.5 million barrels of oil a day. The release comes as the United States approaches a period of high energy use in July and August.
Bull manure. If there are any oil supply disruptions, they are because of the Obama regime.
If Texas were a swing state instead of a red state and oil workers highly unionized, do you think this would be happening?
But even without the obvious politics of this decision, it is irresponsible. The purpose of the SPR is to help us weather genuine oil shortages, not to manipulate the price of oil. This release will make us that more vulnerable to real oil shortages.
And this release may well lead to oil shortages. For once again, Obama is hamstringing those trying to produce oil. Once again, Obama is making it clear that he opposes those trying to produce more oil and has no problem with hindering them for his political gain and ideological motives. Why bother with drilling under such a president? This is just about the worst thing Obama could do for our energy independence.
But it is par for the course for The One.
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