Once again, on energy policy and action, President Obama talks the talk, but has no substance behind his teleprompted words. In an address at Georgetown University, Obama touted his Administration's plans for energy dependence, outlined in the 44 page, Blueprint for A Secure Energy Future, recently released by the White House. The Blueprint is a banal and ineffective proposal more reminiscent of a poorly written, high school term paper than a substantive policy paper from the leader of the free world. In it, Obama continues his worrisome trend of avoiding decisions, clouding the issues, and sidestepping any responsibility to lead. The President should be ashamed.
Obama's speech made it clear that while he advocates making hard choices, he has very little experience and no plan for doing so. So when he tried to talk down the price of oil by outlining a new energy policy which would make America less dependent upon foreign oil, the market quickly reacted. Within hours of Obama's speech, the Stock Market apparently weighed, measured and found Obama's proposals hollow, and ineffective, and the price of oil went up. Clearly, the President’s gift of persuasion is not what it used to be as we become more and more used to his unwillingness to make difficult decision or face problems squarely.
Obama said: "we will keep on being a victim to shifts in the oil market until we get serious about a long-term policy for secure, affordable energy." Obama then made a powerful case to demonstrate his own lack of seriousness, by suggesting that American energy needs could be provided by solar, bio and wind. We learn, once again, that Mr Obama hates coal (too dirty), he hates drilling for oil (BP spill), and now hates nuclear (after Japan). The obvious problem here is that coal, oil, natural gas, and nuclear together account for almost 90% of US energy production and cannot possibly be replaced any time soon.