It's an ugly record. Forget Solyndra -- and other solar and wind firms that have been going belly up like birds around a windmill -- that's old news. So is his decision to block the Keystone XL pipeline.
Last year, the Energy Department awarded a $10 million "L Prize" for development of an affordable and eco-friendly light bulb. Philips just put its winning model on the market, for $50 apiece. Meanwhile, GM has temporarily suspended production of the Volt because of lack of demand for the "affordable" electric car.
On the unaffordable end of the market, things are even worse. Consumer Reports tried to test drive the new $107,850 Fisker Karma, but it couldn't: "We buy about 80 cars a year, and this is the first time in memory that we have had a car that is undriveable before it has finished our check-in process."
There's actually plenty Obama could do to help with gas prices, but he's right not to do some of them. He shouldn't release oil from the Strategic Petroleum Reserve, nor should he appease Iran on its nuclear program. But he could, for instance, suspend the Jones Act, which requires that all ships carrying goods between American ports be U.S. flagged. Doing so would dramatically lower the cost to distribute oil and gas (and outrage his union base).
Obama was recently asked by Fox News' Ed Henry whether high gas prices are a deliberate result of White House policies. His response was telling. "From a political perspective, do you think the president of the United States going into re-election wants gas prices to go up higher? Is there anybody here who thinks that makes a lot of sense?"
In other words, Obama desperately wants people to think he's against higher gas prices -- at least until he gets re-elected.
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