Sunday, November 09, 2008

What Does API Think Of President Obama?

From the new API President

Hey folks,

Some of you were wondering about API, the American Petroleum institute, and what they thought about Obama being elected to the highest office in the land. Since some of you have figured out that I have a friend over there, you thought maybe I could answer this. I was kind of wondering this myself to tell you the truth.

So I sent them an Email asking them their take. Since Obama is really against Off Shore Oil Drilling, FOR oppressive taxation on "Big Oil", and came right out and said he wants to bankrupt the Coal Industry, not to mention he also said he LIKED high gas prices, what are their thoughts on this? This was pointed out to me. It is from the NEW API President Jack Gerard.

This election gives us all a new opportunity to think about energy and environmental policy in a new way. In essence, we have a rare chance to get it right, to shed preconceived notions, old ways and unworkable approaches. As President-elect Obama said Tuesday night, we cannot go back to the way things were.

While the economy is the No. 1 issue on our leaders' minds, it is our duty to remind them that without sound energy policies there can be no sound economic policies. An energy policy that will ensure our nation's energy security must be based on this one principle: we need all the energy we can get from all sources, and we need to do a better job of using energy wisely.

We are gratified that President-elect Obama and the leaders of the new Congress have listened to the will of the American people and have advocated expanding domestic production of oil and natural gas. Expanded production is essential to fuel our economy, create new jobs and give American consumers the energy they want and need. We hope that their willingness to expand production demonstrates a desire to put behind us the divisiveness and bitterness of the past, as well as a yearning for lasting solutions. The people of America's oil and natural gas industry--the backbone of our economy--are ready and willing to join in this constructive approach to energy. Our nation's economic survival and its standing in the world depend on it.


Now we will see if President Elect Obama is true to his word or not. We do not need oppressive taxation on Oil. We do not need the Off Shore Oil Ban placed back. We most DEFINITELY NEED the Coal Industry. Economics 101. If people can not afford the gas to get to work, they can not afford to help the economy. If truckers can not afford fuel, then you will not get the goods and services you need. If you can not afford the "SKY ROCKETING electric bills," you will not have one of the most basic needs.

Does Obama care? Does he even understand? Was this just campaign pandering to the far Left Loons? I guess we will just have to wait to see.
Peter

Sources:
National Journal Online- Jack Gerard, President and CEO, American Petroleum Institute

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