Solyndra's key investor is George Kaiser, an Oklahoma billionaire who raised more than $50,000 for Obama's 2008 presidential campaign. Emails released by the House Energy and Commerce Committee show that the relevant credit committee decided "not to engage in further discussions with Solyndra" in the final days of the Bush administration. After the change in administration, officials restarted the loan review process for Solyndra.
Obama wants to develop Brazilian offshore oil to help the Brazilian economy create jobs for Brazilian workers while Americans are left unemployed in the face of skyrocketing energy prices by an administration that despises fossil fuels as a threat to the environment and wants to increase our dependency on foreign oil.
The coal industry is crying foul over new Environmental Protection Agency (EPA) regulations which they say will be among the most be costly rules ever imposed by the agency on coal-fueled power plants. The result, industry insiders say: substantially higher electricity rates and massive job loss.
The EPA is imposing regulations on coal-fired power plants that will be too costly for them to remain open. The closing announcements are starting to roll in...
In West Virginia (5 Plants): http://www.wchstv.com/newsroom/eyewitness/110609_5498.shtml
The US currently produces 45% of its electricity needs using coal fired power plants -- and Obama is now working with the EPA to shut them down. The regulations the EPA is considering will cost the coal energy industry $180 billion dollars to implement. To quote Obama when he was running for president:
"If somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted."
Click on the link to listen to the audio...
Rory Cooper, February 23, 2001
You would think that oil and gas prices were doing just fine until the historic events in Egypt, Libya and across the Middle East unfolded in early 2011 and caused spikes in the futures market. Unfortunately, that is not the case. President Obama has been unilaterally taking steps to increase the cost of gasoline for two years. Here are ten things you need to know about gas prices that you may not hear reported elsewhere:
June 18, 2011
By Anna M. Tinsley | Fort Worth Star-Telegram