By Institute for Energy Research ——Bio and Archives--February 13, 2012
Global Warming-Energy-Environment | CFP Comments | Reader Friendly | Subscribe | Email Us
“Every indication from President Obama’s new budget proposal is that this administration learned nothing from its failed Solyndra-style ventures to skew energy markets through crony capitalism. Neither has the president offered much hope for American consumers that his policies will match his recent rhetoric about increasing domestic oil and gas production on federal lands. “Instead, President Obama is doubling down on failed energy policies that give taxpayer-funded handouts to the administration’s political allies and require thousands of new federal regulators to fight an ideological crusade against affordable sources like coal, oil and natural gas. “Rather than capitalize on vigorous economic activity in the energy sector that already supports millions of American jobs, and scale back policies that are restricting access to our own energy resources, President Obama has offered another dead-on-arrival budget to whet the appetite of environmental extremists and pad the pockets of his largest donors. “This is not an effective energy policy, and it most certainly isn’t a budget. It’s a plan to keep the price of energy up and the number of jobs down.”
Support Canada Free Press
View Comments
The Institute for Energy Research (IER) is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets. IER maintains that freely-functioning energy markets provide the most efficient and effective solutions to today’s global energy and environmental challenges and, as such, are critical to the well-being of individuals and society.