The general election is underway….here it comes. President Obama fights back on charges that his policies are leading to higher oil prices. He’s tying Mitt Romney to the corruption that is $24 billion in tax subsidies for FIVE oil companies that made nearly a trillion dollars in the last decade.
They did another video HERE.
The great irony is that Mitt Romney wrote in his 2010 book that he advocated for higher gas prices…now he’s etching to a new position. The NY Times has the story:
While not suggesting particular policies that might lead to higher prices — like an increase in the gas tax, a carbon tax or a cap-and-trade plan — Mr. Romney praised the benefits that would flow from a slowly increasing cost of energy.
“Higher energy prices would encourage energy efficiency across the full array of American businesses and citizens,” Mr. Romney wrote. “It would provide industries of all kinds with a predictable outlook for energy costs, allowing them to confidently invest in growth.”
In the book, Mr. Romney called for greater domestic exploration and drilling. And he expressed concern about the collateral damage from higher energy prices on people who drive great distances, businesses that consume a lot of energy and people on fixed incomes.
But he acknowledged that allowing the price for gas and oil to rise could be the centerpiece of “game-changing incentives” that would alter consumer behavior when it came to buying cars and using electricity. That, he wrote, could help the country wean itself off an overreliance on foreign oil.
Video included in the link.
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