President Obama told us, while on the campaign trail in 2007, that he preferred a gradual hike in gas prices.
Again, in 2008 then candidate Obama told a crowd he could see gas at 12 dollars a gallon. As an example he used something that sounds remarkably familar. Candidate Obama told the crowd, “If Iran decided to shut down the petroleum-rich Strait of Hormuz tomorrow, they believe oil would skyrocket to $300-a-barrel in minutes, a price that one speculator predicted would result in $12-a-gallon gas. $12 a gallon.”
And his energy secretary Steven Chu is on the record as having said, “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” Both President Obama and his secretary want these higher fuel prices to encourage people to alternative fuels like solar energy and battery powered cars. During the 2008 campaign President Obama even warned us, “under my plan electricity rates will necessarily have to skyrocket.” Will have to skyrocket? Does this sound like a plan to rebuild America’s economy? It does help explain decisions like Obama’s moratorium on oil drilling in the Gulf of Mexico and the Keystone pipeline. When they blame the situation in Iran on these rising gas prices just remember that due to sanctions, the United States does not import oil from Iran. Obama wants us to use alternative fuels, and he is willing to bring down the U.S. economy doing it.