Obama administration's high gas price goals

If you think you are paying too much for gasoline, then you are not Steven Chu. He is President Obama's Energy Secretary. From the Senate Republican Communications Center:

Steven Chu In ’08: ‘We Have To Figure Out How To Boost The Price Of Gasoline To The Levels In Europe’

FLASHBACK: Steven Chu In ‘08STEVEN CHU: “Somehow We Have To Figure Out How To Boost The Price Of Gasoline To The Levels In Europe.” (“Times Tough For Energy Overhaul,” The Wall Street Journal, 12/12/08)

Current Price Of Gas ‘In Europe’UK:  $7.87 Per Gallon
Italy: $7.54 Per Gallon
France: $7.50 Per Gallon
Germany: $7.41 Per Gallon
(“Weekly Retail Premium Motor Gasoline Prices Including Taxes,” U.S. Energy Information Administration, 2/7/11)


Then-Sen. Obama In ‘08: ‘Preferred A Gradual Adjustment’ To ‘Higher Prices’
CNBC'S JOHN HARWOOD: “So Could These High Prices Help Us?” SEN. BARACK OBAMA (D-IL): “I Think That I Would Have Preferred A Gradual Adjustment.” (CNBC's “Special Report,” 6/10/08)

“In A CNBC Interview Taped Monday In Raleigh, N.C., Obama  Suggested That The Main Problem With High Gasoline Prices Is Their Rapid Rise, Not Their Total Of About $4 A Gallon. ‘I think that I would have preferred a gradual adjustment,’ Obama said.” (“One Down, More To Go For Republicans Aiding McCain,” The Associated Press, 6/12/08)

Haven't you had enough of this economic madness?

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