Blog Archive

Blog Archive

Thursday, July 7, 2011

postheadericon Time to start jobs, not spend reserves

In February, I wrote a column encouraging President Obama to end his moratorium on gulf drilling and restore the thousands of jobs that have been lost as a result. In May, I wrote another column pointing out that the president talks about a strong domestic energy policy, while his actions send the opposite message. The president has advocated energy policies that stifle our oil and gas production and that kill American jobs. Since he took office, gas prices have doubled. And, he hired an energy secretary who admits to wanting to “boost the price of gasoline to the levels in Europe.”

Now, we see his energy policies take a turn for the worse. I was shocked to read that the president ordered the release of crude oil from the Strategic Petroleum Reserve (SPR). The amount he called for was the largest in history: 30 million barrels in 30 days. The Reserve is intended to be used for a supply emergency. The White House is claiming that the disruption of Libya’s! supply constitutes an emergency. 

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