Obama's oil policy at war with economic common sense

Oil is there. Take it!

Earlier today at Georgetown University President Obama said he wants to cut oil imports by one-third. That may sound like good news, but his game plan is the usual mishmash of liberal "solutions." These include more electric cars, better fuel-efficiency, and natural gas for trucks. As for the first one, the partially-electric Chevrolet Volt and the Nissan Leaf are selling about as well as dung at a gourmet restaurant. The other two have their merits, but so does expanding drilling and the exploration for new domestic oil reserves. But Obama does not support "Drill here, drill now," despite his claims to the contrary.

Obama had this to say 364 days ago:

The bottom line is this: Given our energy needs, in order to sustain economic growth and produce jobs, and keep our businesses competitive, we are going to need to harness traditional sources of fuel even as we ramp up production of new sources of renewable, homegrown energy.

Now he wants to cut oil imports by one-third. In Obama's hyper-partisan mindset that makes more sense. His Gulf of Mexico "permatorium" continues, and his Interior Department's "wild lands" policy could block drilling for oil and natural gas on millions of acres of federally-owned land in the west.

Our economy depends on energy, primarily fossil fuels. Despite Obama's audacious hope, that won't change for decades.

Obama is battling economic common sense.

Have you checked the price of gasoline lately?

Related posts:

Obama's oil press conference lie

Obama and oil: The audaciousness of this man

Utah groups sue over Interior's anti-energy "wild lands" policy

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