fossil fuel Archives

Fox News Admits – Presidents Cannot Influence Gas Prices

What happened? There was a time when the situation was the same but the message was very different, when gas prices edged above $4.00 a gallon and Americans felt like they were being robbed at the pump. A “news” network called Fox News came to the rescue, armed with facts and a burning desire to tell us all that the president had no control over gas prices. That was 2007/2008.

Today, if you only listen to Fox News, you will be under the impression that the increases in the price of oil are nothing more than the handy work of President Obama and you may actually think that the profits deposited into Obama’s personal bank account.

But a quick travel back in time to 2007/2008 reveals these same Fox News pundits, as they go out of their way to make sure Americans know the president cannot bring down the price of gas.

So what changed? The president, that’s what. In 2007 a Republican president by the name of George Bush was in power and now, a Democrat name Barack Obama is in the White House.

So to conclude, Republican presidents have absolutely zero control over gas prices, but Democratic presidents does. Words of wisdom, according to Fox News.

President Obama’s Weekly Address – An All-Of-The-Above Strategy to Energy Independence

President Obama used his weekly address to talk about energy. He mentioned his recent speech at the United Auto Workers meeting, and reminded us that if nothing was done about the auto industry, “Detroit would have gone bankrupt. “I refused to let that happen, the President said, “these jobs are worth more than just a paycheck – they’re a source of pride and a ticket to the middle class.”

Mr. Obama also mentioned that over the last two and a half years, over 200,000 more jobs were created in the auto industry.

Today, GM is the number one automaker in the world. Chrysler is growing faster in America than any other car company. Ford is investing billions in American plants and factories, and plans to bring thousands of jobs back home. All told, the entire industry has added more than 200,000 new jobs over the past two and a half years.

He also spoke of new fuel efficiency standards put in place by his administration, that would require automobile producers to build vehicles capable of 55 miles per gallon. This, the President says, would save the typical consumer over $8000 over time.

And although the new fuel efficiency standards are a step in the right direction , the President spoke about an “all the above strategy” where fossil fuel wouldn’t be our main source of energy.

While we consume 20 percent of the world’s oil, we only have 2 percent of the world’s oil reserves. We’ve got to develop new technology that will help us use new forms of energy. That’s been a priority of mine as President. And because of the investments we’ve made, our use of clean, renewable energy has nearly doubled – and thousands of Americans have jobs because of it.