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Oil Pricing & Information Services Director Ben Brockwell on the Administration’s focus on green energy rather than on how to reduce gas prices.
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-- -- Joining us now from the Obama administration's energy policy greeting exercised.
As this president of threaded a -- -- energy tour across several battleground states.
We're joined by Ben Rockwell the director of -- oil pricing and information services great to have you with -- -- that -- -- nice to see you -- let's start with secretary -- -- he seems to think he's an a student when it comes to handling.
I energy policy and specifically gasoline prices well I wish that I had certain futures by high school both teacher grating.
But myself a part would have -- my school on time -- so very liberal.
In -- has a certain himself there's a lot of warts.
That can go on this score card and -- -- was very generous.
Integrated himself.
The idea that this administration.
Is now going to go out 23 battleground states amongst them Oklahoma we're we're going to see the keystone XL pipeline.
At least the southern -- government.
Ever that the president's going to embrace that.
Or what are your reaction well I think you know I can respect President Obama for wanting to explore all kinds of alternatives.
Energy is that if he's their leader of the free country as the right thing to do.
But is not a realistic approach by no one's assessment.
There's alternative fuel going to play a key role.
In those solving our energy problems of for the next -- thirty years so I think it's it's it's great to talk about.
A long term basis but I think he really has to address some of the short term solutions that we talked about -- in in the past.
If we -- picture of secretary choose getting into his car to -- to leave the in the hearing today.
If we have that a real vote of like to show everybody.
-- the energy secretary climbing into is an issue V.
Now I I've got attacked I -- an issue B I'll I love suvs I love the fact American consumers have a choice here.
But for an administration that's talking one way and about to spend.
Tens of thousands of dollars on jet fuel to go -- -- on this energy tour.
Why can't we get some intellectual integrity consistency from administration that.
You know now is backing away from saying it wants higher energy prices -- saying maybe they didn't mean that.
But this I mean these are crazy mixed signals this presidents and.
It's a bad example maybe he was gonna didn't have an -- plus he -- he was driving issue be.
So that made -- change to an a minus but it absolutely a bit signal that should be.
A setting a better example if they're actually interest have been in alternative fuels and leaving us in that direction I agree.
Among the things we can I think all of disagree as we -- -- see all of the energy companies in this country alternative energy.
Traditional energy companies fossil fuel companies doing great we want everybody making money.
Are we want everybody providing energy and creating new ways to to deliberate and distributed.
But at the same time we want the consumer to participate I propose that we create a national fund for consumers.
Every citizen be entitled to ownership.
Rewards -- for all financial resources that are being exported and produced when.
Energy companies start exporting producing all the fossil fuels everyone in this country.
You've thought about that idea what what do you think I tell you from day one I think is a great idea I think it provides an incentive.
For the stakeholders we are the people and -- the federal government belongs to us and I think it provides a great incentive to open up some of these these.
Feels -- expiration you've taken the lead on it.
So I think I've come -- for a great acronym for you.
Lose energy annual dividend with the fact that we credit we could get a -- -- check on an annual basis and you've been a leader on this you've been vocal about it I actually think it's -- worth worth considering I think it provides an incentive.
For people to feel like they have a stake.
In in our energy future in Iraq and as I said from so I think it's time that people understand these resource is belonged to the people not the federal.
That money should be going to the interest every citizen.
Equally distributed amongst all over citizens of this country there are companies are paying for the privilege of paying fees are paying leasing fees they're.
Paying royalties that money should be going into a fund to benefit citizens suffer for generations to come.
You know if you look around at what we've got to show for what the federal government has taken and right now.
From a century of exportation and production.
It's -- it's actually worse -- our president but what we've got a tremendous national debt.
Ben thanks for being here we we hope that the real to these prices and Begin to moderate the bet.
They will soon it's not not not the next week or two would certainly in the has been in an independent life future I don't know that the did did debt doesn't look to -- you know what -- my goal -- to take better care of myself -- -- I can see that.
The budget balance with or god bless -- -- if we get that dollar strong we can start to pay a little better.
Price through for all of that Brent will break thank you for having me I -- was -- -- here.
