Change: Save it for $7 per gallon gas

The only way to meet the Obama administration’s greenhouse gas emissions targets is for the cost of a gallon of gasoline to skyrocket to $7 a gallon.

As reported by The New York Times (hardly a right-wing rag):

To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon.

To reduce carbon dioxide emissions in the transportation sector 14 percent from 2005 levels by 2020, the cost of driving must simply increase, according to a forthcoming report by researchers at Harvard’s Belfer Center for Science and International Affairs.

The 14 percent target was set in the Environmental Protection Agency’s budget for fiscal 2010.

Read it an weep. And if you’re thinking it won’t happen because cap and tax didn’t pass the Senate, think again. Get ready for the EPA’s Back Door National Energy Tax.

In an attempt by the Environmental Protection Agency to establish a national energy tax by circumventing the legislative process, the EPA (with the backing of the Obama Administration) is pushing emission regulations which will destroy jobs and further impact our already struggling economy.

Knowing full well these regulations will further hamper our nation’s already precarious finances; the EPA is stealing a playbook from the White House and moving full speed ahead on a policy that the majority of Americans simply don’t want. If these regulations come into effect, new taxes will force jobs overseas and shift higher prices onto the consumer, almost guaranteeing that our 10% unemployment rate will climb higher.

Okay, that last quote was from a “right wing” congresswoman, but she’s right!

Is this really the kind of change you were waiting for, America?

This entry was posted on Tuesday, March 2nd, 2010 at 11:42 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed.