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Does Obama Want Higher Oil, Natural Gas Prices?

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    FBN’s David Asman on why the Administration and environmentalists want higher oil and natural gas prices because it will help clean energy such as w...

  • Duration 4:57
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Won't be enough of that around no wonder my buddy David as -- as boring.

And he has been warning about this for sometime it's it's a static a -- Well what's going on here is an environmentalist he cheap gas.

Because they hate fossil fuels.

And cheap gas means that people will get cheap gas instead of say solar power wind mills and all the other stuff in fact.

Heather's sickle who's the president's climate czar energy czar when everyone a college original pattern but -- there is sickle.

-- with a name I guess when you can't be too critical now you would just forgive me I don't know what I'd want someone heading my agency does not musical -- she might be -- with she may be my digress content -- -- spoken before left -- think tank today -- and she was talking about.

Natural gas now this left wing think tank thinks this.

About cheap gas they say by trimming fuel bills which of course natural gas does when it's cheap cheap gas is reduced incentives for energy conservation.

And efficiency thereby putting solar and wind -- in spite of their falling costs heavily dependent on government mandates the point is.

Cheap gas means they have less money for solar and wind which is what they like.

And of course -- they lost son cap and trade 2010 they've lost elections and I figured they were gonna get -- so the way.

We cut down on these fossil fuels -- we don't like is by regulations so that's why they're trying to ramp up their regulations for natural gas which will push that is natural gas prices hires of that stuff gets the more likely -- -- and -- solar and other stuff right that's right and approved in Europe were gases prohibitively more expensive.

Is that they don't go to Italy does not work well you can't drill -- these folks had because they are convinced that the solution.

Is solar the solution is Windmills even though they don't work so -- it is let's say this.

Then wouldn't Europe have jumped on that wouldn't Asia exactly -- -- course and they're not targeting and often they're get -- get an office are -- gonna happen that Ford is getting -- -- in the social the formerly socialist government of Spain was getting off for these subsidies to solar because it was.

It was a driving -- broke the fact is though that natural gas cannot be ignored its cheap.

It's abundant today it's cleaner than coal and a lot of the fuels and -- -- -- this is a and that's why was to make it more data what today.

Is this they're trying to and -- -- both sides on the one hand they're saying to the to the oil industry -- -- all of the above we like natural gas because it's a game changer that's what.

-- -- set on the other hand when they speak to their own when they speak to begin the in this left wing think tank that she -- -- today she was talking about natural gas.

And their target about natural gases though it's the enemy if it's cheap if it's cheap that means that solar.

At windmill is too far -- they wanna be closer to it -- so where does this -- -- and -- hide and the end I think that there that America the United States is a very sensible country and we -- gonna go for what's cheaper.

Natural gas could not be more -- it could not be cheaper than any other.

And the other fuel that we are now reckoning with so eventually we're gonna turn to -- the problem is these people.

Have painted fossil fuels even natural gas even clean natural gas as the enemy.

And we have to avoid fossil fuels so right now.

Of course it's election time the president realizes that most folks out there like the fact that natural gas is cheapest like switching from coal or other fuels the natural gas so they can't avoid it so they're trying to play both sides of the coin but and are -- -- to declining prices we've been seeing which -- more -- -- globally.

It's hurting that argument aren't well it's it's everything is hurting their arguably because it is so abundant because the American people want it because and and it's election -- -- They're -- I don't think they'll be able to play both sides they've got to come down clearly on one side or the other before the election.

At least Romney will force them into that into that corner when it comes time for debate on energy.

Do you think by the way these falling prices I I actually did your Democrat -- say well we we find -- odd that we pounced on these speculators.

And and and all of a sudden they're coming down -- to cause you pointed out to this guy and then Fox News Channel -- -- members knew about many times you sit.

Speculators worker on the way up and and -- now let me know if you if you agree that speculation is one thing that jacks up oil prices.

You also have to look at speculative fiction when oil prices come -- it's the same with natural goodness you're right -- they're not gonna say that but what do you think of that argument if -- if the president were to debate would Mitt Romney -- of credit from that.

What would Mitt Romney -- I think Mitt Romney would say look at the evidence the evidence is -- that every time your administration has dealt with the energy whether it's natural gas whether it's oil whether it's coal.

You have been done nothing but impede it.

The progress that this nation could make.

We do we have all of the energy resources we need right here in the United States from coal natural gas etc.

we don't need to go to Saudi very -- we don't need to go.

Outside this country we don't need to drive our businesses and -- people broke.

By paying for energy we've got a right here very well put -- glad you're right here.

Thank you David -- and be glad to come back it well please do.