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February 29, 2012

Stephen Chu Confesses: No, It's Not A Goal of Mine To Get Gas Prices Down

He's previously stated that the ideal price of gas would be $8-$9.

He doesn't back down when queried by Congressmen.

“But is the overall goal to get our price” of gasoline down, asked Nunnelee.

“No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy,” Chu replied. “We think that if you consider all these energy policies, including energy efficiency, we think that we can go a long way to becoming less dependent on oil and [diversifying] our supply and we’ll help the American economy and the American consumers.”

Democrats' response is, as ever, to put a quick political band-aid on the problem: As usual, they want to tap the Strategic Petroleum Reserve.

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posted by Ace at 03:01 PM

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