. Energy News .




.
ENERGY NEWS
Obama defends energy policy
by Staff Writers
Washington (UPI) Feb 24, 2012


U.S. President Barack Obama defended his energy policies this week, saying "there are no short-term silver bullets" to the issue of gasoline prices.

Speaking Thursday at the University of Miami in Florida, Obama took aim at increasing attacks by Republican lawmakers and presidential candidates on his administration over increasing gasoline prices.

"It's the easiest thing in the world to make phony election-year promises about lower gas prices. What's harder is to make a serious, sustained commitment to tackle a problem that may not be solved in one year or one term or even one decade," Obama said.

He characterized Republicans' energy strategy as, "Step one is drill, step two is drill and step three is keep drilling."

"Well the American people aren't stupid. You know that's not a plan -- especially since we're already drilling. It's a bumper sticker. It's not a strategy to solve our energy challenge. It's a strategy to get politicians through an election," Obama said.

The president cited instability in the Middle East as the biggest factor causing the price of oil to rise.

"When uncertainty increases, speculative trading on Wall Street can drive up prices even more. So there are short-term factors at work here," he said.

Saying that "we absolutely need safe, responsible oil production here in America," Obama maintained that "under my administration, America is producing more oil today than at any time in the last eight years."

But in a statement following the president's speech, a spokesman for House Speaker John Boehner, R-Ohio, criticized the Obama administration's track record on energy.

"Facing an election, the president would like everyone to forget that gas prices have doubled over the past three years while he consistently blocked and slowed the production of American-made energy," Boehner spokesman Brendan Buck said.

"From his drilling moratorium to his denial of the Keystone pipeline, the president has time and again sided with his liberal base over American families."

In his speech, Obama didn't directly mention the Keystone XL project -- a pipeline that would transit oil from tar sands projects in Canada to refineries along the southern U.S. coast -- but he said that his administration "has approved dozens of new pipelines, including from Canada."

Obama said he has instructed his administration "to look for every single area where we can make an impact and help consumers in the months ahead, from permitting to delivery bottlenecks to what's going on in the oil markets."

"And we will keep taking as many steps as we can in the coming weeks," he added.

Related Links





.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY NEWS
Ireland to sell Bord Gais energy business
Dublin, Ireland (UPI) Feb 24, 2012
The energy business of Irish state company Bord Gais is among government-held assets to be sold in a move to raise $4 billion, officials said. Minister for Public Expenditure and Reform Brendan Howlin announced Wednesday in Dublin that Bord Gais Energy - the trading, assets and retail division of Bord Gais - will be sold. It has been valued at $1.3 billion-$1.9 billion. ... read more


ENERGY NEWS
10 Advantages to Supporting Geothermal Energy

Ireland to sell Bord Gais energy business

Obama defends energy policy

Anonymous says power grid not a target

ENERGY NEWS
Offshore Oil and Gas Development in APAC

Mn-doped ZnS is unsuitable to act as a dilute magnetic semiconductor

New study shows no evidence of groundwater contamination from hydraulic fracturing

Oil rises on rosy economic data, Iran concerns

ENERGY NEWS
Wind farm on hold over bald eagle concerns

Golden eagles found dead at wind farm

Japan firms plan wind farm near Fukushima: report

New EU wind power capacity near level

ENERGY NEWS
2Q12 Solar Industry Development and Outlook Remains Conservative

Homeowners Use the Sun and Incentives to Save on Winter Heating Costs

Solis Partners Completes the First Two PV Power Installations in New Jersey

Italian engineer invents floating solar panels

ENERGY NEWS
India PM blames foreign NGOs for anti-nuclear demos

Japan wants to replace TEPCO board: report

New countries go nuclear despite Fukushima: UN official

Swiss environmental groups want Beznau nuclear plant shut

ENERGY NEWS
Plant toughness: Key to cracking biofuels?

Maize hybrid looks promising for biofuel

Man-made photosynthesis to revolutionise food and energy production

Taking biofuel from forest to highway

ENERGY NEWS
Launch of China's manned spacecraft Shenzhou-9 scheduled

Shenzhou 9 To Carry 3 Astronauts To Tiangong-1 Space Station

China to launch spacecraft in June: report

Is Shenzhou Unsafe?

ENERGY NEWS
Mild drought killed off Mayan civilization: study

Study: Climate change will up storm surges

Yosemite's alpine chipmunks take genetic hit from climate change

Fresh scandal embroils US climate science debate


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement