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5 Biggest Whoppers In Obama's Energy Speech 

By: Zimbler0 in POPE | Recommend this post (1)
Mon, 27 Feb 12 11:29 PM | 57 view(s)
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http://news.investors.com/article/602120/201202231855/obama-high-gas-price-myths.htm

5 Biggest Whoppers In Obama's Energy Speech

Posted 02/23/2012

Energy: The White House billed President Obama's energy policy speech as a response to mounting criticism of record high gas prices. What he delivered was a grab bag of excuses and outright falsehoods.

Obama's main message to struggling motorists was: It's not my fault, so stop whining. The speech only got worse from there, recycling excuses and myths that Obama's peddled for years. But there were some standout whoppers that deserve debunking. The five biggest:

. . . .

Obama : "There are no short-term silver bullets when it comes to gas prices."

Fact: Obama could drive down oil prices right now simply by announcing a more aggressive effort to boost domestic supplies. When President Bush lifted a moratorium in 2008, oil prices immediately fell $9 a barrel.

Obama said in his speech that Americans aren't stupid. He's right about that, which is why most are giving his energy policy a thumbs down.


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