Obama Energy Secretary: On second thought, maybe higher gas prices AREN’T awesome
Barack Obama’s Energy Secretary, Steven Chu, has renounced his previous position that gas prices should skyrocket in order to push “green” energy alternatives on Americans.
“We have to figure out how to boost the price of gasoline to the levels in Europe,” Chu said in 2008. When reminded of that comment today during his congressional testimony, Chu backed away from that position.
“I no longer share that view,” Chu told Sen. Mike Lee, R-Utah, today. “When I became Secretary of Energy, I represented the United States government, and I think right now in this econonic, very slow, return — these prices could very well affect the comeback of our economy,” he added.
Chu isn’t the only one in the administration who has a history of supporting artificially higher energy prices to push his agenda.
Back in 2008, then-candidate Barack Obama admitted his goal would be for energy prices to “necessarily skyrocket”. Mission accomplished, Mr. President.