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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Feb 24, 2012/ 1 Adar, 5772

Obama goes gaseous on gas

By Jay Ambrose




http://www.JewishWorldReview.com | To win the debate over gas prices shooting skyward, President Barack Obama must pretend markets do not work the way they do.

He must say he disagrees with his secretary of energy while denying policies curtailing an oil boom. And he must insist he never said commoners with vehicles that guzzle should instead buy sophisticated models that sip.

In fact, he didn't put it quite that way, but it is justified for some commentators to have compared his words to "let them eat cake" after he blurted in April of last year, "If you're complaining about the price of gas and you're only getting eight miles a gallon, you know, you might want to think about a trade-in."

What you actually might want is to trade in a president who thinks everyone can afford that, or, even worse, who calls for kick-fanny tax hikes on roundly excoriated oil companies.

Tax reform is needed, with some deductions eliminated and corporate rates reduced for one and all as our president has recommended, if somewhat timidly and obscurely. But if you decrease oil profits right now, you lessen exploration, diminish America's competitive power and, according to the Congressional Research Service, drive up consumer prices even more.

Wait, some say, eyes ablaze: Oil company profits are outrageously exploitative, an example of villains tying damsels to the railroad track and cheering as the train comes round the bend. Wrong. Relative to the return on the dollar, the profits are so-so and sorely needed to offset the years the oil companies just barely got by.

For many, that information is counterintuitive, which makes it easy to score demagogic points if you are so inclined.

Obama is so inclined.

Those high oil prices are a political liability, after all. And while it's true that improved world economies are increasing demand for tightened supplies, something else is true, too.

As astute observers have noted, the administration would bless those high prices if they generated no angst. The energy secretary, Stephen Chu, has gone on record as liking high oil prices because they facilitate the development of alternative energies, and there are still others in the administration making it clear they will happily denude wallets by not drilling, baby, not drilling.

Obama has said increased oil exploration in the country will not make much of a difference because we have so little of the world's reserves and consume so much of its energy, adding that the production of more oil takes forever to budge prices any. He then tells you we're developing a lot more oil than before. To the extent that we are, it is not because of him.

Oil companies keep finding more reserves accessible through the technology of horizontal drilling, also known as fracking, but waiting for bureaucrats to grant permits is like waiting for an ice age to recede, observers report. The administration has bans on all kinds of onshore and offshore drilling, and you wonder what the EPA will try next in its assault on the oil industry -- have snipers shoot holes in pipelines?

The answer to Obama's tactics is that going all out to produce this oil can provide jobs, empower the economy, make us dramatically less dependent on the Middle East and, yes, help on prices as time passes.

Obama is mainly for increased fuel efficiency and turning more to alternatives to cut down our demand for oil, but this path takes much longer to produce results, and some of the efforts are counterproductive, anti-market, economy-damaging stupidities.

My guess is that Joe the Carpenter needs his pickup a lot more than a heavily subsidized Chevy Volt that still costs $40,000 and can't haul lumber. I bet he gets it that oil will play a major role in vehicular mobility for a long time, and I suspect he is thinking of voting Republican.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment by clicking here.

Jay Ambrose, formerly Washington director of editorial policy for Scripps Howard newspapers and the editor of dailies in El Paso, Texas, and Denver, is a columnist living in Colorado.


Previously:


02/22/12: Political tears for trust in personal empowerment --- except in the bedroom
02/17/12: Of cut-off ears and silenced mouths
02/15/12: Obama is a joke whose antics aren't funny
02/10/12: An energy boom looms, despite Obama
02/08/12: Obama's assault on faith
02/03/12: Can Romney get serious?
01/27/12: Obama is like an Italian ship captain
01/25/12: Newt Gingrich's first 100 days
01/20/12: Obama's Keystone pipeline lies
01/18/12: Critics worse than urinating Marines
01/13/12: Ron Paul is a cartoonish character
01/11/12: Newt Gingrich upset by Mitt Romney's brilliance
01/09/12: How about regulating presidents, too?
01/04/12: How America smothers itself
12/30/11: A tax break that helps break the nation
12/28/11: Watch out for the banana peel, Newt
12/21/11: A tale of two men
12/16/11: Strange happenings in Russia
12/14/11: Tim Tebow is a man of character
12/09/11: A populist, envy-mongering fraud divisively exacerbating resentment among different groups of Americans
12/07/11: Tax games threaten nation
12/05/11: Why Wal-Mart serves us better than Barney Frank
11/30/11: Not writing off Newt
11/28/11: Answers to the Iranian threat
11/23/11: Failure of the incumbency investment
11/18/11: Occupiers: Chop off their heads!
11/16/11: Obama asks jobless to sacrifice
11/09/11: Michael Moore's insufferable occupation
11/04/11: Political tipping point is coming
11/02/11: Idealogues versus 7 billion
10/28/11: Obama games on student loans
10/26/11: Wit and quick moves v. humanity and thoroughgoing honesty? It's no contest —- or at least shouldn't be
10/07/11: Baptists, bootleggers and Wall Street protesters
10/05/11: Federal law will get you even if you watch out
09/28/11: Leftist bugbears on the march
09/23/11: Still hope for coal to help us
09/21/11: Obama's Madoff ploy
09/19/11: U.S. can't afford to wait until it happens
09/14/11: Defending -- and strengthening -- gung ho collectivism
09/12/11: A pipeline to better times
09/08/11: Obama just keeps destroying jobs
09/06/11: Ultra-feminists thwarting justice
08/31/11: Corporations are people? Yes, Count the ways
08/26/11: What an earthquake tells us about debt
08/25/11: The tyranny of scientific consensus
08/23/11: Fracking hardly a public health threat
08/17/11: Why Obamacare won't control births
08/15/11: Balanced budget amendment unbalanced idea
08/10/11: Kerry's war on citizen speech
08/05/11: Upside to the compromise leaving the door open for obnoxious maneuvers
08/03/11: The people who may save America
07/29/11: On making deals, Obama is no LBJ
07/27/11: The threat behind the debt
07/23/11: Mean opposition to means-testing
07/20/11: Leftist babble makes debt crisis even worse
07/18/11: Time to raise demagoguery ceiling
07/13/11: Obama treating treaties badly
07/08/11: Is decline of U.S. exaggerated?
07/05/11: Not math deficiency, but demagoguery



© 2011, SCRIPPS HOWARD NEWS SERVICE

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