When a politician says something, what does it mean?
Sometimes I wonder if politicians ever tell us what they really mean.
The President has announced that the Justice Department will be investigating the possibility of price fixing or other unlawful activity having to do with inflating the price of gasoline. It seems to me that this is a smoke screen. Does he really expect us to believe that his administration is concerned about $4 or $5 gasoline prices?
During his campaign, didn’t he tell us that higher energy prices were going to be good for our country? Didn’t he even say that his administrations policies would bankrupt any company that wanted to use coal to produce electricity? Didn’t he promise, and subsequently succeed in diminishing the amount of oil recovered in the United States and its coastal waters?
Why, if I’m not mistaken, his Energy Secretary, Steven Chu has even gone on record saying “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe” (a desire he recently reiterated here).
Well congratulations Mr. Secretary! It looks like you’re off to a good start.
In a recent radio address, the President told us that his administration is increasing drilling in our coastal waters. But that’s not really true.
While he did lift the ban on deep water drilling (after a court ordered him to do so), only a few deep water permits have been issued. The American Petroleum Institute says that domestic offshore production will fall 13% this year from 2010 levels due to government interference and permitting delays.
If the problem is actually speculation, as has been reported just about everywhere, dontcha think restricting the amount of oil available to the market might have something to do with that?
Now I wonder if AG Holder will mention any of this in his investigation.