Obama’s Gulf Spill Solution: $7 A Gallon Gasoline

Hey, you don’t have to believe me, let’s ask the experts

President Obama has a solution to the Gulf oil spill: $7-a-gallon gas.

That’s a Harvard University study’s estimate of the per-gallon price of the president’s global-warming agenda. And Obama made clear this week that this agenda is a part of his plan for addressing the Gulf mess.

So what does global-warming legislation have to do with the oil spill?

Good question, because such measures wouldn’t do a thing to clean up the oil or fix the problems that led to the leak.

The answer can be found in Obama Chief of Staff Rahm Emanuel’s now-famous words, “You never want a serious crisis to go to waste — and what I mean by that is it’s an opportunity to do things that you think you could not do before.”

The logic linking cap-and-trade to the spill in the Gulf should frighten anyone who owns a car or truck. Such measures force up the price at the pump — Harvard Kennedy School’s Belfer Center for Science and International Affairs thinks it “may require gas prices greater than $7 a gallon by 2020” to meet Obama’s stated goal of reducing emissions 14 percent from the transportation sector.

In essence, this is not a bug of Obama’s plan, but a feature. This is what he wants to happen. He could care less about destroying the economy, he wants his climate alarmism legislation (well, not his, since he pretty much outsources everything) passed.

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2 Responses to “Obama’s Gulf Spill Solution: $7 A Gallon Gasoline”

  1. John Ryan says:

    Teach what do you think the chances are that gasoline will double in price over the next 10 years with or without a tax increase ? When it hit 4.50 under Bush I guess that was just the free market working its magic. Of course 10 years ago we were paying a buck 30 but that was under Clinton when the dollar was strong and worth MORE than a Euro. .

  2. Otter says:

    Maybe that is because the Euro wasn’t even launched until 1999, ‘lil Liar johnnie ryan.

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