Lying is not going to rebut Newt Gingrich’s compelling understanding of America’s energy policy and huge energy reserves.
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So now the President goes on to say, quote, “We are taking every possible action to develop safely a near hundred years supply of natural gas in this country.” That is fundamentally misleading. They have a task force of 8 different agencies trying to figure out how to block fracking, which is the method by which we get natural gas. They are methodically trying to undermine and cripple the natural gas industry, and it is stunningly dishonest for this President to pretend that he favors something that his administration is actively working to undermine.
Gingrich exposed Obama’s confusion regarding fracking, saying that Obama
lives in this fantasy world of government subsidies. He says, quote, “It was public research dollars that over the years helped develop the technologies that companies are right now using to extract oil and natural gas.” Just to set the record [straight], fracking began in Kansas in 1947 and it expands to Oklahoma in 1949. It’s done in Canada in the 1950s. And George Mitchell and the private sector are regarded as the pioneers in the development of “fracking.” This would be like suggesting that the Air Force invented the airplane and they don’t know who these two Wright Brothers are because, after all, they were private sector guys who were just bicycle mechanics, and how could they have invented the airplane when actually it must have been the Air Force because everything that was good is done by the government. That is the Obama mindset.
Finally, Gingrich addressed Obama’s pondscum strategy, saying:
Now, I am a scientific optimist. I have a friend at Texas A&M who is developing algae that eats municipal waste and then uses alcohol as a byproduct, and some point down the road, it will probably be useful. But this is like Solyndra. The President is for any fantasy that doesn’t work today as opposed to any practical thing that works today so as to take your money to prop up something which well might work — Solyndra might work in 30 years. Solyndra might even work in 10 years but it won’t work now, and it is being given venture capital by the Department of Energy…. But what are the odds that you’re going to ramp up to a commercial price gasoline from algae in the foreseeable future? Not very good. Now most of us live in the foreseeable future. What are the odds that if you actually allow people to drill and if you allow people to build refineries, you could get dramatically less expensive gas in the foreseeable future? Really, really high.
The last point I want to make about what he said, he says three or four times, “There are no silver bullets.” There is a pen. Big difference. The Presidential pen could today sign approval of the Keystone Pipeline. That is 700,000 barrels a day. The Presidential pen could today sign approval to go back to the Gulf of Mexico, and that is about 400,000 barrels a day. The Presidential pen could today approve areas of Alaska that we know have oil. That’s about a million, two hundred thousand barrels of oil a day. Three signatures we would have 2.3 million barrels of oil a day in the United States. So I should say we are not looking for silver bullets. We are looking for Presidential leadership.
At the end of his speech he says, quote, “We need to sustain all of the above strategy that develops every available source of American energy, yes, oil and gas, but also wind and solar and nuclear and biofuels and so on.” Well, this is exactly what John Boehner has been campaigning on for four years. I hope the House Republicans in the near future will move an all-of-the-above energy bill. And we will see whether or not [Obama] really means this, which by the way he didn’t, but it is a great line and it is exactly the Republican policy.
It is actually a poll-driven line by the President which, as Gingrich says, Obama transparently has no intention of following through on. It is just more Calculated Deception, to mislead the Bubbas.
This is a very revealing speech. You have an intellectual left winger who lives in a fantasy world in which he very cleverly uses language to say things that aren’t true that sound good because he knows that if he tells you what he really wants to do, you will defeat him in a landslide. One of our jobs, of course, is to make sure that the American people understand what he really wants to do.
Our choice is between energy independence and never again bowing to a Saudi King and $2.50 gasoline and about $18 trillion in royalties over the next generation; enough you could literally pay off the national debt just with the royalties for the federal government from development with no tax increase, and at least a million new jobs. That is our side. His side is a series of fantasies in which your tax money is thrown away on products that are not commercially feasible, while you pay higher and higher prices, and are coerced into smaller and smaller and smaller vehicles. These are the two futures we are going to campaign on this year.
Isn’t this the campaign that conservatives should want? Is there any doubt how that campaign would turn out? Conservatives need to recall after all the out of context misquotes or misunderstandings about what Gingrich has said in recent years, when he had political power, he governed as a Reaganite conservative, as someone who, in the words of Nancy Reagan, had the baton passed from Goldwater, to Reagan, to Gingrich.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
Was the President done in by the economy, or by the politics of the economy?