Paying at the Pump With Eric Bolling and Gov. Sarah Palin

If you missed the Eric Bolling – Sarah Palin Special: Paying at the Pump, aired on Fox News over the weekend, here it is.  Definitely worth the watch!

‘The Special’ offers input from experts, everyday people and some solutions including from Governor Sarah Palin and Eric Bolling…

Paying at the Pump with Eric Bolling and Sarah Palin

Video:  Paying at the Pump with Eric Bolling and Sarah Palin

The video clearly points out that energy production in America is directly related to the American economy… and in turn energy independence is directly related to American economic recovery.  This special touches on several common sense solutions.

And for the environmentalists out there, there are green solutions for clean-up.  Here’s one: check-out these products: DualZorb®, PondZorb® and AcidZorb® distributed domestically and globally by a growing company MC Endeavors, Inc. who just launched an Online Store.

Updated: 4.17.12 at 12:05 ET – National Review Online

(Curiously just on the heals of, but not a word for credit or even a mention of the Bolling- Palin special… so as stated below this seems to be the big ‘campaign’ initiative of the day, but nothing will come of it… and certainly no shared credit if something should!)

Obama Announces New ‘Oil Market Manipulator’ Hunt Four Years Straight by Jim Gerahty

President Obama’s big initiative for the day is yet another pledge to crack down on nefarious energy traders who are driving up prices of oil and gasoline.

Today: “Under pressure to take action on rising gasoline prices, President Barack Obama wants Congress to strengthen federal supervision of oil markets, increase penalties for market manipulation and empower regulators to increase the amount of money energy traders are required to put behind their transactions. The White House plan, which Obama was to unveil Tuesday, is more likely to draw sharp election-year distinctions with Republicans than have an immediate effect on prices at the pump. The measures seek to boost spending for Wall Street enforcement at a time when congressional Republicans are seeking to limit the reach of federal financial regulations.”

If this pledge sounds familiar… it’s because Obama and his administration announce some new initiative to do this every year, usually as spring turns to summer and the price of gas increases as Americans drive more. It’s almost like the Cherry Blossom Festival.

Last June: “The Federal Trade Commission is investigating whether oil companies have engaged in anticompetitive practices or manipulated crude oil prices, the government’s latest salvo to rein in high energy prices. The commission said on Monday it was also looking into whether oil companies had provided false or misleading information to a federal agency related to the wholesale price of oil or petroleum products. “We remain committed to preventing and prosecuting any anticompetitive, fraudulent, or otherwise illegal activity which we identify through the foregoing investigation,” commission Chairman Jon Leibowitz said in a letter to Senator John Rockefeller, who called on the FTC in March to launch an investigation.”

Just about one year ago today, April, 2011: “With U.S. gasoline pump prices soaring, the Obama administration on Thursday unveiled a working group of federal agencies to probe potential fraud in the energy markets. The White House is worried that if average gas prices rise above $4 a gallon, the economic and political fallout could dominate next year’s presidential campaign and drown out President Barack Obama’s message of economic recovery. Obama asked U.S. Attorney General Eric Holder to assemble a team of agency officials to “root out” cases of oil market fraud that affect pump prices, including actions by speculators.”

March 2011: “Obama said he had ordered a review of why oil companies aren’t producing more petroleum on federal land, and said his administration would monitor “any possible manipulation in the oil markets” and work with state governments to monitor for potential price gouging at the gas pump.”

July 2010: “Traders will face new rules aimed at making it easier for regulators to prove manipulation in markets for commodities such as oil, wheat and natural gas under the financial overhaul awaiting President Barack Obama’s signature.”

And then in August 2009: “Energy traders and companies will face fines of up to $1 million a day if they manipulate oil markets, the Federal Trade Commission ruled on Thursday in a crackdown on fraud that they said causes widespread damage to the U.S. economy. The agency issued a rule, which takes effect November 4, to prohibit fraud or deceit both in the cash, or physical, energy markets and on the regulated futures exchanges.”

Now… with gas averaging $3.89 per gallon nationally and much higher in many parts of the country, we can conclude that either every previous initiative announced by the administration was spectacularly ineffective at containing the nefarious menace of oil price speculators… or that oil price speculators are not really the reason gas prices increase.

Energy… The Costs and Why It Is Going to Go Up and Change Our Lives

An audience of small business owners and energy moguls gather to discuss about their concerns with the administration’s policies toward small business and energy.  A video worth watching because it will affect all of us in a negative way if we and they don’t stand together and stand up!

Video: Energy Concerns and Small Businesses

Video:  It Begins… WOMAN ARRESTED For Protesting Smart Meter Installation

It’s an Obama World…
You will do as you’re told. You will keep your temperature at an Obama-approved level… Despite the double-standard set by our president.

A woman was arrested this past weekend for not allowing officials to install a smart meters in her neighborhood.

SmartMeter.org reported:

An activist protesting against the installation of ‘smart’ meters was arrested today for civil disobedience. Amy O’Hair was arrested at Monterey and Edna in the Sunnyside neighborhood of San Francisco at 9.30 on Saturday 18 June 2011.

She sat on the hood of a smart meter installation truck to prevent installation of smart meters and refused to move. The police were called and arrested her. It was early in the morning, and few people were around, but a bystander waiting at a bus stop gave support. Amy was taken to 425 Seventh Street (Bryant Police station) to be cited.

The Obama EPA-approved smart grid will track CO2 emissions and internet use.

The Smart Meter Rebellion

DICK MORRIS: NEXT TO FALL: SAUDI ARABIA

We can do without Libya's two million barrels a day of oil albeit with significant disruptions in the global economy.  But if we lose Saudi Arabia's nine million, we will face a global catastrophe.

And the Saudi monarchy will be the next casualty of the Middle East revolutionary wave.  The king is 86 years old and very ill.  The next two men in line are both over 80 and both sick.  And, behind those three in line are 7,000 princes, each ambitious and at war with one another.  The monarchy will not be able to buy off the opposition for long with cash subsidies.  (We are indebted to Bret Stephens of the Wall Street Journal for these insights).

The fall of Saudi Arabia will accelerate the stagflation that will mar the final two years of the one-term Obama Presidency.

Republicans need to ratchet up their rhetoric about new drilling for oil.  The 2008 liberal counter-argument that new drilling is not a short term solution begs the question of why the Administration has not used the intervening two years to effectuate the longer term solution that it offered.

Republicans need to be more vocal in criticizing the Administration for its defacto moratorium on off-shore drilling.  Obama's people are so sensitive to these criticisms that they just approved the first permit since the BP spill.

Republicans must call for reining in the regulatory hoops that on-shore slate drilling has to go through to get approval.

Republicans should press for much, much shorter approval times for nuclear power and a ban on EPA regulation and taxation of carbon and coal.

The Party should attack Obama's proposed elimination of the Oil Depletion Allowance and other energy tax breaks and make clear that these incentives are vital for new energy development.
Finally, the Republicans should resurrect the issue of drilling in the ANWR Preserve in Alaska.

Sarah Palin should take the lead in this critique since energy development is her major field of real substantive expertise.  It is an ideal opportunity for her to speak to a broader constituency.

Republicans should also propose a moratorium on the federal gas tax by passing legislation in the House to trigger a reduction once gas goes above $4 and total suspension if it rises above $5 per gallon.  When the price drops again below $4, the gas tax can come back on line.  Such a proposal will mean a cessation of campaign funding from highway contractors, but so be it.

Obama's opposition to fossil fuels is his real Achilles Heel. At some level of gas prices, everybody is for fossil fuel development. Nobody is "green" at $6 a gallon!

By DICK MORRIS & EILEEN MCGANN  -  Published on DickMorris.com on March 9, 2011

Printer-Friendly Version

Please Vote:  Should Obama Release Strategic Oil Reserves?

*** The other night on Hannity, Dick Morris explained that the best thing to do rather than dig into our reserves, because those really should never be touched, is for the government to drop the federal taxes on gasoline/oil until prices go back down.  And for anyone with common sense, the answer is obvious… we must begin to open up more areas and drill.  Developing electric cars and biofuel and  moving forward on wind, solar, tidal, wave, nuclear and hydroelectricity are all needed and suggested… as well as continuing to develop more and better mass transportation, but bottom-line we are far from any of those meeting our energy or transportation needs.  In order to survive as a nation, fix our economy and protect our independence and sovereignty… we must be drilling for more of our own oil, gas and oil shale. ***

Related:

3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation — 25 Times More Than 1995 Estimate - March 8, 2011