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Romney explains Obama’s ‘all of the above’ energy policy

Obama’s for all the sources of energy that come from above the ground. Wind and solar. He just doesn’t like the things that come from below the ground. — Mitt Romney

Speaking at Consol Energy’s Research and Development Facility in South Park Township, Pennsylvania the day before that state’s presidential primary, Mitt Romney took on President Obama’s energy policies, blaming them for increasing energy prices:

“The onslaught of regulations — holding off on drilling in the Gulf; holding off on drilling in the Outer Continental Shelf; holding off on drilling in Alaska; trying to impose the federal government into fracking regulations…all the regulations relating to coal,” Mr. Romney said, ticking off a list of policy decisions made or continued by the Obama Administration. “These things have made the cost of energy go up.”

Romney went on to explain what Obama means when he talks about “all of the above” when it comes to energy. Watch the video:

Transcript of the video clip:

MITT ROMNEY: “The road we’re on, as Mr. Axelrod described it, the road we’re on is one that says that energy’s going to become more and more expensive. It’s going to be harder and harder to get coal; harder and harder to use it here of course. It’ll be sent to other nations around the world and used. But the cost here will go up. Harder to use natural gas.

You saw the President kicked off the regulation, re-regulation of natural gas until after the election. Harder and harder to use oil. How in the world the President says, as he did the other day, he’s for ‘all of the above’ when it comes to energy? I couldn’t figure that out given his policies. And then it struck me: he’s for all the sources of energy that come from above the ground. Wind and solar. He just doesn’t like the things that come from below the ground.

That’s the course he’s on. The course I’ll put us on is to take advantage of what comes from above the ground as well as what comes from below the ground so that America can finally become energy secure and independent of the oil cartel.”

Obama’s policies are raising energy prices and blocking American energy independence. Obama has never had a problem with higher energy prices.

Obama wasn’t bothered by the prospect of higher gas prices. Energy Secretary, Stephen Chu, revealed the administration’s support for support for higher gasoline prices when he told the Wall Street Journal, “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” This week the national average price of regular gasoline is $3.87 per gallon. It was $1.838 the week Obama became president.

Obama wasn’t concerned that his Cap-and-Trade plan would have raised energy prices. During the 2008 presidential campaign Obama admitted that: “[U]nder my plan of a Cap-and-Trade system, electricity rates would necessarily skyrocket.” In a January 17, 2008 interview with the San Francisco Chronicle, Obama said his Cap-and-Trade plan would bankrupt anyone that built a coal-powered plant.

From Right Side Politics.

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