Gas prices: No silver bullet - Ahwatukee Foothills News: Opinion

Gas prices: No silver bullet

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Posted: Friday, May 6, 2011 4:00 pm | Updated: 3:32 pm, Tue Aug 30, 2011.

After listening to, and reading, President Obama's radio address of April 23, I had a bad attack of the vapors. It took him a little more than four minutes to tell us we won't see a reduction in oil or gasoline prices any time soon.

He said "there's no silver bullet that can bring down gas prices right away."

Further, he strongly disagreed with the proposed 70 percent cuts in "investments" in clean energy plans - clean energy plans that will increase the cost of producing everything. All of the clean energy projects have proven to be much more costly than using fossil or nuclear fuels for our energy needs.

He acknowledged that prices are increasing. And that the price of $4 gasoline is just another burden "when things were already pretty tough." Burden? How quaint. It's his way of placing his bureaucratic boot on the throat of the citizens and choking the life out of the middle class.

He feels our pain. So much so that Attorney General Eric Holder is launching a task force "with just one job: rooting out cases of fraud or manipulation in the oil markets that might affect gas prices, including any illegal activity by traders and speculators." Seems they did this in 2008 and found nothing.

Then, in 2008, along came Sen. John McCain, presidential hopeful, who suggested we should open our off-shore oil resources. Within a few months, the price of crude oil dropped from more than $140 per barrel to about $33 per barrel. And the price of gasoline followed suit. Of course, nothing was done, so prices started increasing again. We learn nothing from history. Do you think it's part of a progressive plan?

Just think, if we became energy independent by using our own fossil fuel resources, we'd add millions of new jobs to the payrolls. That would mean greater tax revenue for the federal government.

That money could be used to reduce the national deficit and the national debt. Our bond rating would be strengthened. Good heavens!

It's all so simple. The silver bullet occupies the Oval Office. All he has to do is to pull the trigger on the political weapon he possesses. And that's politics my friends. Politics at its ugliest. Obfuscation and mendacity at it finest - while a nation dies.

• Don Kennedy is a graduate of Dartmouth College with a degree in sociology. He has been a resident of Ahwatukee Foothills since 2002.

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