Our Secretary of Energy Stephen Chu Is Starting To Feel Our Pain -- Remotely Connected to the Bakken

Original position: raise price of gasoline to encourage renewable projects

Changing tune in election year

Chauffeured to work; does not own a car
DC residents: gasoline is 1.4% of their annual income
City sales taxes significantly higher

Link here. 

Sen. Lee then asked Chu: “Are you saying that you no longer share the view that we need to figure out how to boost gasoline prices in America?”

“I no longer share that view,” Sec. Chu said.

Perhaps at a later date, when I have more time, I will link the reference explaining this exchange for those who missed it.

Chu noted:

“Since I walked in the door, as secretary of energy, I’ve been doing everything in our powers to do what we can to reduce these gas prices,” Sec. Chu told the Senate hearing.

Translation, let's count the ways:

• invested in several solar companies that have since gone broke or nearing bankruptcy
• moratorium in the gulf
• permitorium in the gulf
• slow rolling the oil and gas industry onshore
• promoting algae as a fuel
• mandating more concentrated ethanol (E85)
• killing Keystone XL 1.0
• leading the Senate in defeating Keystone XL 2.0