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POPSObama's Energy Policy Will Increase Dependence On Foreign Oil
Why isn’t there outrage, if not rioting in the street, over this oil and biofuel policy of the Obama administration? Is it because the domestic oil industry -- what little is left after Jimmy Carter -- is cowering in the corner in fear, waiting for the coup de grace? The American Petroleum Institute (API) is the only national organization representing the domestic oil industry. Jack Gerard, the President and CEO, has never worked in the oil industry. He came to the API from the American Chemistry Council last year. He has been in Washington since 1981. The API runs expensive television advertisements telling the public that everything will be fine in the future. Everything is not going to be fine in the future under President Obama’s biofuel and oil policy. President Obama’s biofuel and oil policy is on a collision course to a national catastrophe. Among a great many other critical problems, it will cause an increase in our dependence on foreign oil.
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