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Economy
Chu to Congress: WeÂ’re not interested in lowering gas prices
2012-02-29
“We agree there is great suffering when the price of gasoline increases in the United States, and so we are very concerned about this,” said Chu, speaking to the House Appropriations energy and water subcommittee. “As I have repeatedly said, in the Department of Energy, what we’re trying to do is diversify our energy supply for transportation so that we have cost-effective means.”

Chu specifically cited a reported breakthrough announced Monday by Envia Systems, which received funding from DOEÂ’s ARPA-E, that could help slash the price of electric vehicle batteries.

He also touted natural gas as “great” and said DOE is researching how to reduce the cost of compressed natural gas tanks for vehicles.

High gasoline prices will make research into such alternatives more urgent, Chu said.

“But is the overall goal to get our price” of gasoline down, asked Nunnelee.

“No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy,” Chu replied. “We think that if you consider all these energy policies, including energy efficiency, we think that we can go a long way to becoming less dependent on oil and [diversifying] our supply and we’ll help the American economy and the American consumers.”
Posted by:Beavis

#8  So the Bammer wants the US to reduce its dependency on effec fossil fuels in order to support our new desired future national, pro-SPACE GOVT-ORDER dependency on various Internat SpaceProgs which are either budding, or in the alternate crashing???

Yet, while also holding off on dev reliable "Global/Universal" Govts, Perts Consensus on PEAK OIL/RESOURCES LEVELS in support of said SPACE GOVT-ORDER.

AND WHEN THE OIL SANDS = SHALE OIL IS NO MORE, WHAT THEN???

LACK OF RELIABLE GOVTS, PERTS CONSENSUS = the US-World could be running out of vital resources, + wouldn't know about it until it was too late.

["TANK GIRL" Movie here].

Lest we fergit, 1990's NET > GLOBAL ENERGY, RESOURCES COLLAPSE = ISLAM WINS BY DEFAULT, as per the mandatory worldwide protection of leftover resources, i.e. the NOW RESOURCES-POOR "GLOBAL DESERT/STEPPE".

SHEIKH SEAN CONNERY in "THE WIND + THE LION" > IIRC "When the Trees are all gone + the Good Soil is now burning sand/desert, My People [Berbers = Muslims] will still be here [long after the last European has died or left]".

Or words to that effect.
Posted by: JosephMendiola   2012-02-29 22:31  

#7  A guy who was reported (by TV) to be driving his car on Bio-Diesel in Illinois was arrested for "trying to avoid the gas tax" so advocating people switching to Nat-Gas or Electric power in Illinois would have to be viewed (by president) as advocating the non-payment of state gas tax and therefore a criminal act.
Posted by: Water Modem   2012-02-29 19:18  

#6  No, the overall goal is to decrease our dependency on oil...

In one respect you gotta give Chu his props. He did properly describe the US reliance on oil as a "dependency". His boss, on the other hand, prefers to call it an "addiction". In other words, when it comes to oil americans have a compulsive disorder. Always remember, if you don't agree with the progressives...your irrational.
Posted by: DepotGuy   2012-02-29 19:08  

#5  > The economy is inextricably tied to the price of oil.

Sort of. The economy is tied into the affordability of oil.
Posted by: Bright Pebbles   2012-02-29 15:45  

#4  Reminds me of the woman on TV talking with dreamy eyes about how glad she was that she wouldn't have to worry about putting gas in her car or paying her rent since O had been elected.
Rubes.
Posted by: Slineter Dark Lord of the Slytherins8562   2012-02-29 14:47  

#3  Well they actually said it. The O Administration is not interested in trying to lower gas prices. The higher gas prices forces people to drive less and use less gas. Get used to it - they know what is good for us and we will comply. The priority is on alternative fuels. They think US gas prices should be like Europe. They can't see beyond their own existence - high rise apartment buildings, shopping at street level, taxis and trains and mass transit. Forget about the rest of the country - Let them eat cake.
Posted by: Hank   2012-02-29 14:33  

#2  Genius doesn't translate between fields.
Posted by: g(r)omgoru   2012-02-29 14:18  

#1  Â“But is the overall goal to get our price” of gasoline down, asked Nunnelee.
“No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy,”


This guy is a genius? The economy is inextricably tied to the price of oil.
Posted by: JohnQC   2012-02-29 13:13  

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