by James Soviero

It used to be when people referenced President Obama and March Madness the nation was treated to pleasing images of college basketball brackets, long three pointers, and Cinderella Teams.  Not so this year.  What we’re hearing and seeing is anything put pleasant.  On the contrary, this March the president has spent a great deal of his time just being plain, old, mad.  In speech after speech he’s directed his anger at those big, bad, oil companies.  It seems sky rocketing gas prices are proving unhelpful to Mr. Obama’s bid for reelection.

Voters have some pretty solid reasons for blaming him for their pain at the pump.  Filling up the car, or truck costs more than twice what it did when Obama assumed office.  His Secretary of Energy, Steven Chu, has been on record saying, “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe…”.  Mr. Chu, who does not have a car, recently told a congressional hearing the Administration was not working to lower gas prices, but to wean our nation off oil.

Some of the president’s own, troubling words regarding the cost of energy have been resurrected.  He stated, “Under my plan of a cap and trade system, electricity prices would necessarily skyrocket…”.  When previously asked about spiking fuel costs Mr. Obama commented coldly, he “would have preferred a gradual adjustment”.   Then there is his lack of interest in bringing more crude on line.  President Obama killed the Keystone Pipeline, and under his Administration,  there has been a huge drop in the number of permits issued to companies seeking oil on federal lands.

Barack Obama apparently feels the cure to his political ills is to demand outfits developing our fossil fuel resources be forced to pay more money to the federal government.   The idea could be a big winner for him, and the country, if he’d simply allow the companies an opportunity to do just that.  The problem is, Mr. Obama’s policies of delaying and denying natural resource development have prevented these businesses from feeding big bucks to government bureaucracies.  While the president is looking to recover 4 billion dollars in “subsidies” from targeted organizations, he keeps those very same groups from paying infinitely more in both taxes and fees.

Read more here:

It used to be when people referenced President Obama and March Madness the nation was treated to pleasing images of college basketball brackets, long three pointers, and Cinderella Teams.  Not so this year.  What we’re hearing and seeing is anything put pleasant.  On the contrary, this March the president has spent a great deal of his time just being plain, old, mad.  In speech after speech he’s directed his anger at those big, bad, oil companies.  It seems sky rocketing gas prices are proving unhelpful to Mr. Obama’s bid for reelection.

Voters have some pretty solid reasons for blaming him for their pain at the pump.  Filling up the car, or truck costs more than twice what it did when Obama assumed office.  His Secretary of Energy, Steven Chu, has been on record saying, “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe…”.  Mr. Chu, who does not have a car, recently told a congressional hearing the Administration was not working to lower gas prices, but to wean our nation off oil.

Some of the president’s own, troubling words regarding the cost of energy have been resurrected.  He stated, “Under my plan of a cap and trade system, electricity prices would necessarily skyrocket…”.  When previously asked about spiking fuel costs Mr. Obama commented coldly, he “would have preferred a gradual adjustment”.   Then there is his lack of interest in bringing more crude on line.  President Obama killed the Keystone Pipeline, and under his Administration,  there has been a huge drop in the number of permits issued to companies seeking oil on federal lands.

Barack Obama apparently feels the cure to his political ills is to demand outfits developing our fossil fuel resources be forced to pay more money to the federal government.   The idea could be a big winner for him, and the country, if he’d simply allow the companies an opportunity to do just that.  The problem is, Mr. Obama’s policies of delaying and denying natural resource development have prevented these businesses from feeding big bucks to government bureaucracies.  While the president is looking to recover 4 billion dollars in “subsidies” from targeted organizations, he keeps those very same groups from paying infinitely more in both taxes and fees.

Read more here:

http://www.independentsentinel.com/2012/04/a-cure-for-president-obamas-march-madness/