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Chu: We Don't Want to Lower Gas Prices

BEGIN TRANSCRIPT

RUSH: "White House Wants to Keep Gas Prices High." Have you heard about this? Steven Chu, the Nobel Prize-winning energy chief for Obama. "White House Wants to Keep Gas Prices High." Chu actually said so! And he said it before but he said it in congressional testimony. He said they liked the prospect of high gasoline prices because if furthers the development of alternative fuels. They just came out and said it! "With the national average of gas prices hitting $3.65 a gallon, nearing $6 in some parts of the country, and poised to head even higher, America's families are wondering when the bleeding at the pump will stop. But for Secretary of Energy Stephen Chu, those steep prices aren't even a concern. In fact, he says his goal is not to get the price of gasoline to go down."

You know what his goal is? The price of batteries to come down. That's what he said.

And they're investing in companies in Korea, Japan, and the United States to come up with new battery technology for your automobile. They want to get the price of a battery down from $40,000 to $25,000 or $30,000. (interruption) What do you mean, "What the hell difference does it make to me?" This isn't about you! It's not about the American consumer. It's about the regime. It's about their transformation; it's about their transformation of the country. They don't want the gasoline price to come down! They like it being high, and he actually admitted it yesterday. His goal is not to get the price of gasoline down.

"Chu delivered those stunning remarks in testimony before Congress yesterday. When Rep. Alan Nunnelee (R-Miss.) asked Chu whether it's his 'overall goal to get our price' of gasoline lower, Chu said, 'No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy.'" So, no. The "overall goal is to decrease our dependency on oil," and that's why we're not gonna okay the pipeline and that's why we're not gonna increase drilling or reduce the moratoriums in the Gulf and that's why we're not gonna drill in Alaska. Because we don't want more oil! We don't want an-oil-based economy. We don't want an energy policy based on oil. We want it based on batteries, which means they want an energy policy based on coal. Because what do you charge a battery with but electricity, which is generated by coal at your neighborhood power plant.

This is who we are dealing with.

END TRANSCRIPT

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