Response to Aquila (Original post)

Wed Apr 3, 2019, 10:46 PM

5. Ah yes, I remember Stevie

“Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.”
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Chu's Europe gas quote haunts W.H.
President Barack Obama’s Energy secretary unwittingly created a durable GOP talking point in September 2008 when he talked to The Wall Street Journal about the benefits of having gasoline prices rise over 15 years to encourage energy efficiency.
“Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.”

Chu, a Nobel-winning physicist and director of the Lawrence Berkeley National Laboratory, was not yet a member of the not-yet-in-existence Obama administration. But Republican politicians and conservative pundits have seized on his words as evidence that the White House is deliberately driving gasoline prices higher — ensuring that Chu’s remarks are the energy policy sound bite that will not die.

Newt Gingrich was the latest to jump on the bandwagon, telling CBS’s “This Morning” on Tuesday that Obama’s “outrageously anti-American” energy policy is aimed at increasing the price at the pump.

“Chu, his Energy secretary, said in 2008 he wanted gasoline prices to get to the European level, which is $9 or $10 a gallon,” Gingrich said.

A column Tuesday on Andrew Breitbart’s website Big Government also dredged up the 2008 quote, sardonically observing that “Mr. Chu’s energy plans appear to be working.”

Similar themes came last week from Investors Business Daily, which cited Chu’s remarks as evidence that Obama is “secretly cheering” for price spikes, and from Denver Post columnist Vincent Carroll, who accused Obama and Chu of pursuing a “castor oil theory” of economic growth.

The popularity of Chu’s now-infamous quotation tends to track the rise and fall of gas prices: It enjoyed a huge surge of attention last spring and summer before largely vanishing from view in the fall, leading up to this month’s renaissance, according to the LexisNexis database.

Never mind that some energy experts say Chu had it exactly right, and that higher fuel prices would encourage consumers to buy more efficient vehicles, discourage suburban sprawl, make renewables more competitive and reduce U.S. reliance on imported oil. Not even Chu’s department is making that argument these days.

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Flashback: Obama’s top energy aide advocated for $10-a-gallon gas prices
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How bout you, Einstein, do you remember him?

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