Showing posts with label gas prices. Show all posts
Showing posts with label gas prices. Show all posts

Saturday, May 14, 2011

Obama's oil plan. If he follows through, a good small first step.

Are these encouraging signs or more commission/task force style of bullshit?

Wall Street Journal

WASHINGTON—The Obama administration, on the defensive amid higher gasoline prices, on Saturday said it will pursue policies that could boost domestic oil production.

President Obama, in his weekly radio address, said his administration would expand drilling opportunities in Alaska's National Petroleum Reserve, speed up continuing evaluation of oil resources in the Atlantic and provide incentives to oil companies to develop energy on the leases they currently own.

In his weekly address, President Obama addresses the pain at the pump for Americans and how he plans to jumpstart domestic oil production. Video courtesy of NewsCore.

"These spikes in gas prices are often temporary, and while there are no quick fixes to the problem, there are a few steps we should take that make good sense," Obama said.

Republicans dismissed the president's measures and continued to criticize his administration over its oil and gas drilling policy, saying it has failed to encourage domestic drilling.

Calling the spate of initiatives "not terribly substantial," Brendan Buck, a spokesman for House Speaker John Boehner (R., Ohio) said "this reversal is striking since his administration has consistently blocked American-made energy."

Senior administration officials said the Interior Department will start to conduct annual lease sales in the Petroleum National Reserve, west of Prudhoe Bay in Alaska. Lease sales had been conducted in this reserve before, but the sales were irregular, officials said. Drilling in the Arctic National Wildlife Refuge, however, is "off the table," an official told reporters on a phone call Friday.

As Obama's a bald faced liar, I'll believe it when I see it. At worst, this is all talk and no action. At best, if this is a true flip flop, is an 18 month reprieve from the current disastrous policy and some half-assed support (as ANWR is blocked). Why 18 months? Does anybody think that Obama's support for high gas prices won't be back if he's re-elected?

However, as we all know, there's one issue that trumps everything among independent voters. No, it's not the mythical "fiscal conservative/social liberal" the media loves, nor the social conservative Reagan Democrat although there are examples of both of them. The issue that unites all of them is the economy. Period. It is going in the right direction or not. That's number one, two, and three. High gas prices are among the worst factors possible in the economy as it leads to big inflation - shipping costs, energy costs, commuting costs, and everything dependent on it.

Obama knows that. He may be an idiot on a lot of things, but not campaigning. There is not a long list of presidential incumbents losing (although elections have been mostly close the last 10 years.) Most of them since Reconstruction have something in common as a big issue. The economy.

1888 - Cleveland lost to Harrison (tariff issue)
1892 - Cleveland defeated Harrison (tariff issue)
1912 - Taft lost to Wilson, with help from Teddy Roosevelt's Bull Moose (economic splits among all three)
1932 - Hoover lost by 17% due to the depression.
1980 - Jimmy Carter was the worst president in my lifetime. He was swept out Hoover style.
1992 - Clinton defeated George HW Bush due to the recession. He probably would have even without Perot.

It's similar with governors when incumbents win. The only one to lose in my lifetime was Blanchard in 1990, right when a recession was about to hit. Before that, the last to lose was John Swainson nearly 50 years ago. While some who likely would have lost a 2nd term if they ran (Pierce, LBJ), most who run for a 2nd term win, even when the other party despises the incumbent. George W Bush won despite the economy, partly due to luck. John Kerry was literally every bad stereotype about democrats. Clinton benefited from the dotcom boom.

As for Obama's chances, it depends on the economy and the GOP opponent. If it's Romney, Trump, Palin, Newt, Santorum, or Roemer, I don't like our chances. Huckabee. Maybe (Hell of a communicator). Huntsman (despite my own problems with some of his stances), Pawlenty, or Daniels. Good odds. Daniels I think is the most electable as of now.

I think this is a pure election ploy at best. At worst, it's all bullshit, just like his record deficits while talking against them. Based on his track record, I'm not sold. He's lied way too many times to earn my trust.

Friday, April 22, 2011

Another bullshit commission/task force from Obama

One of my favorite sayings is "Talk is cheap." That goes double in politics. I don't care what most politicians say what they are going to do. I care about what they have done.

Obama's record on fiscal matters is horrific. He's now pulling the same stuff with gas prices. As the famous line from the Talking Heads song Once in a Lifetime goes - Same as it ever was.

Here's his classic method of operation.

1. Politician does a piss poor job on an issue for years.
2. Same politician talks a good game about needing to fix the piss poor job that he has done.
3. Same politician forms a commission or task force or other do nothing measure.
4. The press will buy into politician's task force/commission because that's a good story.
5. Nothing gets done to fix the piss poor job, but the politician can pat himself on the back and say he's doing something.
6. Repeat on other issues.

That's Obama's MO. Like the budget.
1. Obama talks a game in 2009 after signing record deficits.
2. Obama claims a new awakening in early 2010. It was bullshit then.
3. More cheap talk in June 2010
4. Obama talks about deficit again in October

What's happened since? He won't even accept the Paul Ryan budget, which frankly isn't good enough. Now he's spreading his bullshit from budgets to gas prices.

From the AP.

LOS ANGELES – President Barack Obama said Thursday that the Justice Department will try to "root out" cases of fraud or manipulation in oil markets, even as Attorney General Eric Holder suggested a variety of legal reasons may be behind gasoline's surge to $4 a gallon.

"We are going to make sure that no one is taking advantage of the American people for their own short-term gain," Obama said at a town-hall style meeting at a renewable energy plant in Reno, Nev.

And we have this gem from the story.

There's not much Obama can do to affect the price of gasoline in short term, something he acknowledged in his remarks. Gas prices have risen steadily as a result of tensions in the Middle East and northern Africa and rising demand from China and other emerging economies.

Given that no evidence has yet surfaced of actual fraud or price manipulation in oil markets, Obama's remarks appeared, at least in part, as more of an attempt to assuage public anger over rising gas prices.

So this whole thing is a crock. There's admittedly no evidence except a politician running his mouth. This isn't new. Speculators. Unrest. Increased demand. Supply artificially stopped thanks to big government in some areas. That's how it was in the past, is now, and will always be unless things change.

This is a long term problem years in the making. Obama has a long piss poor record on this. Unlike some, I'm not giving him a free pass for his record as a senator. For the last six years, he could have helped on this. Not only didn't he help, he LIKES high gas prices. It's easier for the Chicago Machine to support social engineering to move people to the city and increase their revenue and their power. Screw global warming. Screw a perceived and unreal threat to polar bears and/or caribou. It's time to put America first and start thinking of energy as a national security and economic issue. That means we need to take advantage of what we have. We need an all of the above America first energy policy and that includes both fossil fuels and non fossil fuels.

Talk is cheap, and when it comes from Obama, it's worth about as much as Bill Clinton's promises.