March 3, 2012 – 9:43 am
Ah, how times change Anyhow What can U.S. do to halt rising gas prices? Not much Rising gas prices are always a bad thing for an incumbent president, especially one heading into a tough re-election battle. But President Obama admitted in a speech in Miami recently that there’s not all that much he can do […]
March 3, 2012 – 9:09 am
Actually, it is kind of a bummer, because 1300 are being laid off, and I’d be surprised if they were all rehired once they restart the lines (The Hill) General Motors has temporarily suspended production of its Volt electric car, the company announced Friday. GM, which is based in Detroit, announced to employees at one […]
March 2, 2012 – 7:47 am
At least Jimmy Carter attempted to sorta say he cared about high gas prices. Obama can’t even work up a bit of empathy (NY Times) With his re-election fate increasingly tied to the price Americans are paying at the gas pump, President Obama asked Congress on Thursday to end $4 billion in subsidies for oil […]
March 1, 2012 – 11:12 am
Here we go again. ABC News reported that the initial layoffs were 180 of its 400 workers. That’s now jumped (Wall Street Journal) U.S. solar-power firm Abound Solar said Wednesday it will stop making solar panels while it retools a Colorado factory as part of a project backed by $400 million in federal loan guarantees. […]
February 29, 2012 – 11:35 am
As DrewM points out, this should be in every GOP commercial from now till Election Day (Politico) The Energy Department isn’t working to lower gasoline prices directly, Secretary Steven Chu said Tuesday after a Republican lawmaker scolded him for his now-infamous 2008 comment that gas prices in the U.S. should be as high as in […]
February 27, 2012 – 8:29 am
Jazz Shaw terms this “Obama prepares to fight gas prices with new bumper sticker“. I’m not so sure, because our feckless president doesn’t seem to be taking even that much action (Daily Herald)President Barack Obama will try to head off the political impact of rising gasoline prices as Republicans vow to make the price at […]
February 25, 2012 – 6:56 am
Just kidding. He whines about Republicans and blames oil companies Hello, everybody. Is it just me, or does that address, which he uses every week, seem rather unpresidential? Then again, look who we’re talking about. These days, we’re getting another painful reminder why developing new energy is so important to our future. Just like they […]
February 23, 2012 – 7:24 pm
He does, he really does (Via The Lonely Conservative) (Washington Examiner) President Obama admitted today that he does not have a “silver bullet†solution for skyrocketing gas prices, but he proposed alternative energy sources such as “a plant-like substance, algae†as a way of cutting dependence on oil by 17 percent. “We’re making new investments […]
February 22, 2012 – 5:38 pm
While attempting to toot his own horn (Bloomberg) President Barack Obama will try to head off the political impact of rising gasoline prices as Republicans vow to make the price at the pump an issue in the 2012 election campaign. Obama plans events this week focusing on his administration’s efforts to expand domestic exploration and […]
February 22, 2012 – 11:08 am
This is the result of pushing “green” energy when it is not ready for prime-time (GWPF, translated from Die Walt) Many households in Germany are no longer able to pay their electricity bills. As a result, around half a million households are sitting in the dark. The sharp price increases for electricity and gas is […]
