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Rep. Darrell Issa, (R-Calif.), on why Obama’s energy policy is flawed and is getting in the way of U.S. energy sector growth.
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President's no silver bullets -- keeps on rolling with a stop today in Cushing Oklahoma.
He made a major announcement to solve our energy crisis -- executive order that's not worth the Paper it's printed on.
Joining me now working -- Behind -- from California chairman of the house oversight committee which has been vigorously investigating the Department of Energy it's questionable loan program.
-- welcome back to the show it's great to have you here.
We'll Gerri thanks for having me on and thanks for including sort of the the all of the above strategy.
Which is they want all of the photovoltaic they want all of the Windmills they're still thinking that ethanol has -- future.
They -- -- research every possible thing that doesn't include.
Drilling.
For gas or -- they want to continue that because there is no silver bullet but.
Sorry no other you know available like the elderly congressman don't forget about that well let me hand it wasn't getting Green and picked -- Let's get to that president's energy to -- here.
Yet the big news today was -- the president was fast tracking.
The pipeline right well turns out he's only fast tracking a tiny tiny portion of the pipeline what do you make of this is this pick up PR stunt.
Of course it's a PR stunt the importance of the Keystone Pipeline is it unlocked at an affordable price.
Millions of of barrels of oil trapped in Canada.
It allows the Canadians to get that to market of course it helps American jobs along the way of course much of it can be refined in the US.
For either domestic used or or raw ore export of course it's part of a strategic opportunity.
To make sure were protected from any embargo that were to come out of unfriendly countries.
But it is primarily.
About making sure those -- unlocked the president clearly is not going that far.
I would -- mono -- mono with the president here he is today what he had to say.
About this pipeline.
We are -- all over the place.
Right now.
That's not the challenge that's not the problem.
But the problem in a place like -- is that we're actually producing so much oil and gas in places like North Dakota.
And Colorado.
That we don't.
Have enough pipeline capacity to transport.
All of it to work needs to go.
And today we're making this new pipeline from pushing to the gulf a priority.
Chris -- so what do you make of that.
Well the disingenuous is how we say it here because.
Technically the president has some facts right technically we are drilling in many places as long as it's private land because he's -- public land and water.
Effectively to new drilling.
Yes we are getting a a large amount because of technology that was paid for by both public and private money.
Starting in the seventies -- in the ninety's when the federal government got out of that this is from Steven choose own testimony.
That DO we got out of it 92 and remember the president talked about how.
Fracking -- hydraulic fracturing was something the -- we had -- forgot to mention he was in high school when they last did it.
So you don't.
That's why I -- disingenuous.
Each and every statement the president's making has some truth in it.
But the reality is he's not part of that solution -- is in fact part of the problem.
Well -- statement from the president today that.
Frankly might be an air listen to this this is the president on solar jobs.
-- in progress.
Yesterday I went in Nevada to the largest solar plant of its kind anywhere in the country.
Hundreds of workers built it.
Any at copper mountain solar wind has five count them five full time employees.
This is an employee rich environment I don't think do you.
Come on Jerry you see -- just not an attorney.
Really good a really good attorney would have listened carefully hundreds of people built it.
Hours during during construction the president was talking about how many people it took for that short period of time to build it.
Not the five jobs that remain afterwards the yet yet just have to remember the meaning of is is important.
The president is very good at at that.
I understand he didn't go to blue mountain he didn't go to this geo thermal plant that was.
Wrongfully funded.
And and and in fact is out teetering on the edge of bankruptcy he certainly didn't go visit Solyndra he didn't deal with project camp one that we question and our our -- Hearing and finally got them to shut down this one point four billion dollar commitment.
That didn't start on time.
He not gonna talk about the failures but he did valiantly go to one place that hasn't yet fail.
Well -- I think you're saying he's been an Ohio today as well and gas prices there spiky.
Much much higher they're up twelve cents ten cents eleven cents over night there.
How do you think people are going to view -- -- to they blame the president for this and should the president take that he.
Well I think the president has to spread -- -- around a little bit because secretary Q.
When asked about going from a dollar eighty when they entered office to three dollars and eighty cents a gallon for gas today.
Gave himself an -- I repeated aid for his work in oil and gas so clearly when they get to six dollars and be an A plus.
Because ultimately the president has -- secretary of energy who has said who on the record has said that in fact what we needed European prices and eight dollars a gallon is their European price.
Will back right austerity yes is it good for Americans and for what it cost us to do business of course.
Not well and just to give me another our viewers here another side another statement from secretary Q.
He said and you're hearing he's no expert on oil reserves.
Yep that's our energy secretary.
Another -- relating statement from him.
Congressman thanks for coming on the show and I we really appreciate your help thank you keep up the good work thank you are --
