Sen. Thune: Obama Policies Put Energy Success at Risk

Monday, 27 Feb 2012 01:40 PM

By Dan Weil

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
The energy industry has been one of the few to thrive as the economy gradually rebounds from the 2008-09 financial crisis. But President Barack Obama’s energy policies jeopardize this success, says South Dakota Sen. John Thune, chairman of the Senate Republican Conference.

“The energy industry has been a bright spot amid otherwise gloomy economic news,” he writes on Politico. “Domestic energy production is increasing, and jobs are beginning to spring up around new energy construction.”

Obama would like to take credit for the progress, Thune says. “But, in reality, recent U.S. energy growth is largely a result of private-sector investment and policies put in place by his predecessors.”

And what of Obama’s moves?

“The energy policies this president has adopted are jeopardizing the progress we have made, and if he continues them, the U.S. energy boom could soon be over. Moreover, the president’s policies are driving up energy prices for consumers,” Thune writes on Politico.

Gasoline prices already have doubled under Obama, as they now stand near $4 a gallon, with some experts seeing $5 by the end of May, Thune notes.

“If the president continues to restrict access to domestic energy resources and drive up the cost of production, energy prices will continue to worsen.”


© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

National Journal: Bush, Paul, Rubio Seize Momentum as 2014 Ends

Monday, 22 Dec 2014 10:39 AM

With 2014 drawing to a close, the National Journal has analyzed the positions of a range of potential 2016 presidential  . . .

Report: Steyer, Bloomberg Topped List of 2014 Midterm Donors

Monday, 22 Dec 2014 10:00 AM

There are nine key individual donors who fueled the 2014 elections, according to a new report from the Center for Respon . . .

Top Democratic Aide Says No to Running a 2016 Hillary Campaign

Sunday, 21 Dec 2014 19:33 PM

One of the leading candidates to manage Hillary Clinton's expected campaign for U.S. president in 2016 has withdrawn fro . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved