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Report Finds Obama Policies to Blame for High Energy Prices
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Report Finds Obama Policies to Blame for High Energy Prices May 23, 2011 7:10 P.M.
Andre Stiles National Review On Line
A new report from the House Committee on Oversight and Government Reform details a disturbing “pattern of evidence” indicating that not only are the Obama administration’s energy policies responsible for higher oil and gasprices, but that the administration’s energy policy, in fact, is higher gas prices. The report’s findings are the result of an extensive committee review of public records, policy analysis, statements and e-mails from administration officials, and reveal “a pattern of actions [that] shows the Administration is, in fact, pursuing an agenda to raise the price Americans pay for energy,” according to a copy of the report obtained by National Review Online. “What President Obama failed to accomplish through the so-called ‘cap and trade’ program, his administration is attempting to accomplish through regulatory roadblocks, energy tax increases, and other targeted efforts to prohibit development of domestic energy resources,” the report concludes. Among the report’s key findings:
According to the report, the administration’s “concerted campaign” to keep energy prices high extends “across government agencies” and constitutes a complete disregard for governmental transparency, much less the pocketbooks of all of those affected by the increased cost of energy. “An effort to intentionally raise the costs of traditional energy sources is a dangerous strategy that will harm economic recovery and job growth,” the report asserts. “If past statements of key administration officials are indeed reflections of the policies they are pursuing, this strategy is playing a quiet but significant role in the higher energy prices Americans are currently paying.” The committee is releasing the report in conjunction with a hearing Tuesday morning titled “Pain at the Pump: Policies that Suppress Domestic Production of Oil and Gas.” Members will hear testimony from Lisa Jackson, Administrator of the Environmental Protection Agency, and David Hayes, Deputy Secretary at the Department of the Interior. The hearing, designed to examine the harmful effects of government regulation on economic productivity, is part of the House Republican majority’s recent efforts to promote the “growth” portion of its “cut and grow” agenda. |
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