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U.S. Gas Prices: Four More Dollars?

Monday, May 23, 2011

steven_chu_1218

The National Center for Policy Analysis’s Sterling Burnett this month published an excellent analysis of America’s energy needs and costs. Today solar power is close to our fastest-growing renewable energy source. Its production grew 15.5% in 2009, but it still accounts for less then 0.5% of global electric power output. And it isn’t cheap: subsidized solar energy costs between $220 and $300 a megawatt hour, compared with $110 for electricity nationwide.

That breaks down to $63.10 a megawatt hour for natural gas, $113.90 for nuclear power, $136.20 for modern coal-fired plants, and $210.70 for solar photovoltaic power. According to the Heritage Foundation the subsidies we pay are $23 per megawatt hour for solar and wind, compared with $1.59 for nuclear power, 44 cents for conventional coal, and 25 cents for natural gas. We must start becoming competitive, without large subsidies, to reduce the current distortion in our energy markets.

We should also end the 45-cent-a-gallon subsidy of ethanol, which yields one-third less energy per gallon than gasoline. The cost of ethanol subsidies total about $6 billion per year. Sens. Tom Coburn of Oklahoma and Dianne Feinstein of California have introduced a recent bill to do away with the subsidies, along with a 2.5% tariff and 54-cent duty on imported ethanol.

To put it all in the perspective of the environmentalists and the current administration, consider the statement of Energy Secretary Steven Chu in The Wall Street Journal: “Somehow we have to figure out how to boost the prices of gasoline to the levels in Europe.” The current gasoline price is about $8.50 a gallon in England and $8.80 in France and Germany.

Post Continues on online.wsj.com


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  • Retired USAF MSgt

    Our Energy Czar has said that U.S. gas prices will necessarily have to rise to the level of Europe in order for us to be pushed to more energy efficient cars.

    Expect the price to double then, just in time, Obama will step in to lower them 1 or 2 dollars.

    He will make a speech using “I” 137 times. Overnight, he will become the darling of the MSM and will be heralded as the hero of the American people.

    Many will fall for this.

    • VictorNewJersey

      It is the goal of the Obama administration to drag us kicking and screaming, to a totally green economy, whether we like it or not.

      • steve

        Be aware of Obama and his “Green” policies, for they are nothing more than code.

        Look what colors you see most in the Arab world!! It is not red, pink, yellow or white, or blue. Dark Green!!! Islam= Green!!

        Be aware folks, and spread this to everyone you know. Green is not for the environment it is a big lie just like Obama!!

      • DEFEATCONSERVATISM

        OBAMA UNDERTSNADS THE FUTURE IS IN CLEAN ENERGY. YOU CONSERVATIVES HAVE RUINED OUT PLANET AND MADE IT ALMOST UNIHABITABLE.

        WHY WOULDN’T WANT A CLEANER SAFER PLANET?

        • Shane

          what color is the kool aid you got from them this week? I have seen quite few of your post’s on other subjects and have come tho the conclusion thats your really not very bright are you? You come up with some “cool” screen name and spu your hate and when it comes right down to it your really not that smart. If i would have to guess i would say maybe a collage student on the 15 year plan? come man grow up and join the human race dude

          • DEFEATCONSERVATISM

            SMART ENOUGH TO KNOW HOW TO PUSH YOUR BUTTONS YOU IRISH SCUM

        • http://Yahoo.com Thomas Martin

          defeatconservatism, you al gore c–k sucking obama loving piece of human trash from the pits of hell are eat up with a bad case of liberalism.

          The only help you can get is by pulling your ugly head out of your sissy ass.

          The democrats are the brats from hell and have just about given our country away to foreign countries.

          I have never voted for a damn lying scumbag democrat and never will.

          Now go take a big dose of STFU bitch.

        • Pizzaman7

          Actually you are incorrect. CO2 is not a dangerous gas or a pollutant. Plants need it to survive. CO2 only constitutes .2% of our atmosphere and currently is 385 parts per million. In the age of the dinosaurs CO2 was much more prevalent in the 7000-8000 ppm range. To truly get dangerous you need to get to 10,000-20,000 ppm range.

          Watch how plants do with increased amounts of CO2: http://www.youtube.com/watch?v=P2qVNK6zFgE&feature=player_embedded

          Liberalism is built on lies and deceit. Do not fall for this BS. There are more scientists fighting these lies than there are ones supporting them.

          Bottom line is this is an excuse for governments to tax and control us. To scare us into thinking that they know what is best for us.

          Time for you to open your eyes to reality.

        • george gabriel

          yous is ignorant.

        • http://Facebook Que Dub

          HEY YOU LIBERAL DUMD BUNNY, WE NEED TO LIVE, AND HOW IN THE H3LL IS THE PLANET RUINED ??? PEOPLE ARE LIVING LONGER NOW THAN EVER BEFORE !!!

          WHY DON’T YOU GO THE WORLD POLLUTER CHINA & TELL THEM NOT TO POLLUTE ????????????

        • Othello

          And what drug have you been using?
          This jerk has done just about everything to destroy America.
          His whole “green” agenda is a big lie. Just like everything else that comes out of his mouth.

      • albert J.

        NOT ME, The only green job I know of is mowing the lawn, obama should get a green job.

        • http://Yahoo.com Thomas Martin

          Albert J barack hussein obama has to have michele obama wipe his pelosi to clean the harry reid off.

          barack hussein obama is a damn idiot that was elected by more idiots.

      • Lawrence Brown

        Obama and liberal democrats dont care about gas prices. They just want the american people to keep eye on it while they tear down Usa beyond repair. We have to watch both hands. We are ever so close to losing this country without a fight. Obama will be hero to the world.

    • am2sweet

      Well, that sounds to me like they want gas prices to rise so they can push those little excuses they call cars. No doubt most of the politicians have money invested in GM and want a payback. Therefore they need to sell off those pitiful plastic carts to us for a ton of money so they can make yet more money. I for one think they are lying about everything. No we have oil here and we don’t need to pay some other country for overpriced oil. And the bunny huggers can just accept that they too need transportation and you are either going to pay megabucks on electric cars or a lot less on gas fueled cars. Where are their brains? Oh wait… were these some of the ‘flower children’ of the 60′s still strung out on dope?

      • Seabee Combat Vet

        Just remember government motors “Volt”, $40,000.00 to go 40 miles. Such an accomplishment!!!

        • Asa Christian

          Yea! And just wait till the batteries have to be replaced. OK Government, you’ve given us high priced automobiles requiring $3500 replacible parts, compact flourescent light bulbs that cost over $8 apiece. We can hardly wait for what’s next

          • Chuck

            What kind of enviromental impact does this $3,500 battery have after it,s spent?

      • Asa Christian

        Alcohol, smackohol, plug in cars. What a bunch of whooey! CSX runs an ad that claims they can haul one ton of freight 400 miles on one gallon of fuel!!! That’s diesel electric folks. A small diesel engine runs a generator which powers electric motors; developed technology easily transferred to cars and trucks. No alcohol, no plug-ins, no batteries. When are the manufacturers going to wake up. OK G(overnment)M(otors), where is your insightful leadership now?

        • Xman2

          Good point brining up diesel power. If you recall General Motors did introduce the 5.7L diesel in the late 70′s and 80′s. The problem was the high-pressure-distributive-fuel pumps went bad and were not reliable resulting in engine bucking, smoke, no power and all the symptoms of a blown engine. Replace the high-pressure-pump (not cheap) and it ran smooth as a kitten.
          Seems Germany is the leader in ‘next generation diesel engines’, and I understand diesel powered vehicles are popular in Europe due to their fuel economy. But we still need serious oil production in the United States to become fuel/energy independent.

        • george gabriel

          its not gonna be a small diesel engine, the railroad locomotive is all engine, 16 to 20 cyls. 600000 lbs worth

    • http://PatriotUp-date DELL

      The idiot said before he was elected that gas should be 8.00 per gallon. When are people going to wake up? This Idiot needs to be out of here!!!!!!!!!!!!!!!!!!!

      • Wrld Ctzen

        $2,701.52 = cost of 1 gallon of ink (in printer ink cartridges)

        Get out of your car and walk.

    • Jerry

      Back in 2004 or 05 when the prices were skyrocketing our Congress started talking about getting more domestic sites to pump more oil and suddenly the prices dropped like a rock. The OPEC nations were afraid they would get stuck with excesses of oil so they dropped the price of oil by the barrel.
      Just recently when Boehner started talking about getting Obama to open more leases on the Gulf oil sites the same thing started with oil prices and even gas prices were slower, but they too have started dropping.

      Tell your congressman to beat the drums loudly for more domestic drilling in ALL of our oil holding sites. Why save it for when the Muslims take over? LET’S USE IT OURSELVES NOW! Don’t save it for someone else.

      Override Obama’s plan to save our oil resources for the UN or Muslims. IT IS OURS – LET’S USE IT.

    • Muslim scum remover….

      our energy czar is a muslim loving commie who hates America and should be jailed. all muslims are scum sucking camel licking pig dung pie eating anti american low lifes including our now muslim in charge.

      • larry

        OBAMA AND THE REST OF THEM ARE TOILET LICKING SCUM BUCKET FAGGOT MAGGOTS

    • http://Facebook Que Dub

      YEAH, AND ALL THESE ALTERNATIVE ENERGIES ARE GOING TO COST US MORE AND MORE !!! MORE THAN $3 or $4 GAS !!!! YOU JUST WAIT & SEE !!!
      LOOK AT THE FVCKIN WIND MILL & SOLAR ELECTRIC PRICES IN THE ARTICLE !!!!!!!
      OIL & COAL ARE MUCH CHEAPER !! ESPECIALLY IF THE S.O.B. WOULD LET THE OIL CO.s GO TO WORK !!!

      • Wrld Ctzen

        $2,701.52 = cost of 1 gallon of ink (in printer ink cartridges)

        Get out of your car & walk.

    • http://Facebook Que Dub

      YEAH, AND ALL THESE ALTERNATIVE ENERGIES ARE GOING TO COST US MORE AND MORE !!! MORE THAN $3 or $4 GAS !!!! YOU JUST WAIT & SEE !!!
      LOOK AT THE F_CKIN WIND MILL & SOLAR ELECTRIC PRICES IN THE ARTICLE !!!!!!!
      OIL & COAL ARE MUCH CHEAPER !! ESPECIALLY IF THE S.O.B. WOULD LET THE OIL CO.s GO TO WORK !!!

  • hotrod19

    Gas and Fuel prices are serving to lower the American standard of living. Thanks Pres.

    • ARMYOF69

      The King and Queen of the U.S.A. could care less what we think. They are living the high life at your expense and mine. Jetting around the world, in OUR PLANES , with their massive
      entourage, at YOUR expense and MINE.
      They could care less about being green, only you and I have to do green.

      • Goodbye America

        How else would you expect the first black “first couple (of idiots)” act when they got the big prize?? Let whitey pay is their motto

        • DEFEATCONSERVATISM

          RACIST NINCOMPOOP

      • Andrea B

        I know, right!

        I’m curious how much of a footprint “The Beast” left when it got stuck on the gate in Ireland and sat there running…

        I’m curious how much of a footprint “Airforce One” left when they flew our MESSiah and family (and The Beast) to Ireland…

        I’m curious why the MESSiah is even in Ireland…shouldn’t he be in Israel drawing the new borders with sidewalk chalk??

    • Muslim scum remover….

      obama promised hope and change.I hope most of us realize the change sucks. Its also the only promise he kept. all muslims including our muslim in charge eat pig dung pie and like it. Only in America can scum bag muslims kill thousands of Americans on 9/11 and then we vote a scum bag muslim to be president. We better wake up America. Stop voting muslim loving commiecrats into office already.

    • Wrld Ctzen

      $2,701.52 = cost of 1 gallon of ink (in printer ink cartridges)

      Get out of your car and walk now and then.

  • FreedomScribe

    The sheeple are fools and seemingly cannot wait for the fate of lemmings. The Great Impostor in the White House is systematically destroying our country and the Republican wimps in Congress (especially John Boehner,are allowing it. Screw compromise! When a ship is taking in water does the crew sit around and make deals as to who will bail with the pail or do they immediately get to work to save their own lives? The U.S. America has sprung major leaks and the crew of sheeple allow Captain Queeg to debate the count of strawberries. May God help us.

  • Barbara Simpson listener

    If this stupid liberal JACKASS chu wants gas prices double of what they are in Europe THEN WHY DOESN T THAT DUMBASS MOVE THEIR THEN???????????????????????

    • steve

      Because he wants to destroy America!! Remember he has an “agenda” he wants to fundamentally transform America!! No one really asked him what he meant by that, the idiots who voted for him just thought at the time, enough of GW Bush. I’ll bet soon they’ll realize Bush is a “rock star” compared to the clown they elected.

  • http://www.mygc.com/pattynavarrette PattyAnn

    American Patriots

    We know we all have very bad opinions of this administration … but it’s time we do something about it! Please do not waste time… it’s an ugly thing to live with regrets! Let’s not make the 2012 Elections a huge regret!

    This is very simple ~ please act accordingly ~

    Please help to get the following information out to as many people as you can. Post this in the coments sections of as many sites as you can, regardless of political stance (some far left sites would be great, you just might trigger some common sense in others). Email to all your family and friends and ask them to do the same. Facebook, Twitter and any other social media sites.

    All of our American brothers and sisters must be educated and informed of what we are dealing with! You’ll never know whom you might affect a change in and it’s sooo much better than doing nothing!

    Go to this site:

    ~~~>>>http://beforeitsnews.com/story/76/526/Proof_Positive:_Documents_Showing_Obama_Was_Born_In_Kenya,_Africa.html<<>>http://www.youtube.com/watch?feature=player_embedded&v=xlM2dWMhTbI<<<~~~

    We need to stand together with ONE VOICE and demand that ALL REPUBLICAN CANDIDATES bring to the forefront of their platform the constitutionality of idiOt's right, or lack thereof, to run for the office of president. It is THEIR JOB and THEIR RESPONSIBILITY and THEY HAVE FAILED US ALREADY on this incredibly important issue.

    We all must put the pressure on EVERY SINGLE ONE OF THEM.

    **If they will not, then we make it perfectly clear that we WILL NOT vote for them in any election…!!**

    They need to receive hundreds of thousands of letters, phone calls, emails, etc. The RNC needs to receive the same. Short, concise statements that clearly and simply spell it out:

    "WE WILL NOT VOTE FOR ———- IF THEY DO NOT BRING A LEGAL SUIT CONTESTING OBAMA'S CONSTITUTIONALITY TO HOLD THE OFFICE OF THE PRESIDENT."

    If any of the ..CANDIDATES.. files a law suit contesting idiOt's eligibility then the courts MUST hear the case and rule on it!

    Hundreds of thousands of letters, emails, phone calls simply stating this to every one of the republican candidates AND the RNC.

    WE MUST CHANGE THE WAY THEY ARE WORKING AND NOT LET THEM CHANGE US! We are right… they are wrong! Stand stong and united ~ DO NOT WAIVER…!!! NO REGRETS…!!!

    TELL EVERYONE YOU KNOW TO PASS THIS SIMPLE MESSAGE ON AND ON AND ON! WE will make the difference. This is so simple ~ do not let this stop here! Keep this going!

    ONE VOICE ~ UNITED WE STAND!

  • Guest

    Here we go again I voted on all the comments
    and my votes didn’t register

    • Terry

      Did you click the refresh button?

  • m

    Search for “THE GREEN AGENDA” or youtube Agenda 21

    • steve

      Good job “M” Green is Obamas favorite color.

      It stands for kill in his eyes

  • Seabee Combat Vet

    Just think about it, If the guv rolls back on the ethanol subsidies, the farmers will have to back to growing corn for consumption/food and lose their asses because they are farming again.

  • http://adrianvance.blogspot.com Adrian Vance

    Chu is the man who saw to it that every physics class at Stanford begins with a five to 15 minute presentation on environmentatlism. He believes in anthropogenic global warming. He is an idiot.

    For political analysis,science and humor for you see The Two Minute Conservative at: http://adrianvance.blogspot.com Now on Kindle.

  • Goodbye America

    This guy Stephen needs to Shut up and chu with his mouth closed…..

    these people “chosen” to run the country have got to be the dumbest around..

    Oh, ya,, they don’t pay for their own gas.. WE DO>> stop giving these idiots our hard earned money..

    KICK ALL IDIOTS OUT OF THE FEDERAL GOVERNMENT so we can start over.. with real Americans that have American values… and that are working for, and not against, the American people… end of story..

    so, when is the revolt???

  • Rand

    Chu is an ideologue and an enviro. He has no competence for managing anything in the real world.

  • Colo43

    lets send all of that political scum over to Europe then, we don’t need any of them here.

  • TakethePowerBack

    were done, there is such an assult on the American people. the Pres. and his Admin. will never listen to the will of the People. the enemy is within.

  • Sam

    For every dollar that gasoline rises in cost, Obama’s chance of reelection declines accordingly.

    • The Enemy

      Sam: I wish that were true. But the following the king has is still quite astonishing! Never have I seen such blindness! The ignorant sheeple will follow this dude into the fiery furnace! The king’s personality and demeanor and his ability to fool the masses sounds eerily similar to the anti-Christ.

    • Andrea B

      Unless, of course, he gives amnesty to the illegals that he loves so much. Just look at all the potential votes in that crowd!

      He’s gonna win again…no chance of a fair or legal election…not with his Chicago style politics.

      We cannot win an election against an individual that will steal from one group to buy votes from another. Especially when the GOP can’t decide who to back, and the MSM won’t give the candidates equal time and attention so people can make an informed decision.

      I understand that we all need to do ‘due diligence’ when voting, but the reality is that most people won’t…they’ll vote the way their TV/wallet/stomach tells them to.

  • Robert Young

    Gosh, I must have overlooked the part of the Constitution that says the Presidential Appointment of Czars is legal.

  • one old dog

    The Marxists,they know, exactly what they are doing, destroy the middle class, then offer the solution, so the American Sheeple go to them on bended knee for help. a return to slavery light, surfdom! Study history, see the death and destruction Marxism brings, to the working people. they do it by dividing the people ,by race, by class, and by destroying family and religious beliefs. This is so the people have nothing left to fall back on.

    • The Enemy

      dog: Yep. And the royal dude flying around the world on Air Force One is the Marxist-in-chief. When I think of him, the Serpent in the Garden of Eden often comes to mind. Never in my 68 years have I seen such an illusionist as the king is. He can fool the ignorant liberal masses to a point that is frighteningly astonishing!

  • R. Cook

    How do we identify just what is a “renewable” source of energy? I have come up with a common sense set of criteria.

    First the source has to produce more energy than it takes to operate and maintain whatever system is being evaluated. Secondly it must produce enough energy to completely replicate itself entirely when it wears out and have energy left over to use. Take for example a wind generator. If it was truly renewable it would produce enough energy when sold to cover every step from site acquisition, site preparation, the manufacture of every one of its components, on site construction of the tower and generator, maintenance, the distribution infrastructure, eventual replacement of itself and still have energy left over to use for other purposes. The same would apply for “renewable” solar, hydro and biomass.

    The only way to sort out future energy is to remove every subsidy and let the market pick the winners. Government can’t and won’t do it because of special interests and environmental lobbying.

    • The Enemy

      R.Cook: You are correct. “Renewable energy” and “green energy” are buzz terms aimed at further duping the duped. The only thing green in green energy is the money lining the pockets of the liberal politicians and the treasuries of companies like General Electric Corp. who are in bed with these liberal politicians…………How about this: how about we all burn wood to heat our homes? IT’S TRULY RENEWABLE!

    • DEFEATCONSERVATISM

      YOU COULDN’T IDENTIFY YOUR ASS IF YOUR HEAD WAS HALF WAY UP IT.

  • The Enemy

    The ethanol initiative is yet another foolhardy boondoggle by the foolhardy liberals. Not only does it produce 1/3 less energy than an equivalent amount of gasoline when burned, it also takes more fossil fuels to produce it than what we get out of it. So, how does the production of ethanol reduce so-called “greenhouse gases” in the environment? The ethanol program should be scrapped immediately.

  • Xman2

    Generating ‘green electric (solar, wind)’ has two problems: Very expensive and low capacity. Then add that the wind does not always blow and the sun does not always shine.
    What the media and Government fails to tell us is that less than 1% of generated electric comes from ‘green sources’ and we generate greater that 2% from wood and garbage fired plants. Now that is real progress. . . . . .

  • http://aol.com sean murrey

    No four dollar gas no more four years of obummer.

    • DEFEATCONSERVATISM

      OH LOOK. IT’S SEAM MURRY THE IRSISH SCUM RACIST. ALL YOU FUCKING MICS HATE US NIGGAS DON’T YOU. IT MUST KILL YOU HAVING TO LOOK AT A BLACK PRESIDENT.

      • http://aol.com sean murrey

        you are a scum bag you no good nigger.

  • http://yahoo Baernie

    I never knew we were in competition with
    europe for gas prices!!!
    Like harrisburg,pa. where the city is in
    competition with philly and pittsburg to have
    the highest parking garage rates,oh,harrisburg,pa.may be in the lead.

  • http://runanddietired@sbcglobal.net Ron

    Interesting article in today`s WSJ about the fallacy of renewable energy.
    It seems that most renewable energy is wood turned into charcoal which has depleted wood supplies and dung. Wood only grows so fast and living things produce only so much dung. Yet, renewable resources account for only 0.5% of all energy. Check it out.

  • Daniel Cote

    The liberals still believe in global warming even though it’s been proven to be wrong. We can’t afford liberals they don’t know how to do anything economically. Just look at the current administration in 2 years the liberals have spent more than the conservatives did in 8 years. The liberals couldn’t pass a budget even when they had control of both the house and senate. We have a president that has never worked a real job ever and thinks he knows everything. He has surrounded himself with all the most radical
    advisors from the left who until now were never taken seriously. We have a president that
    doesn’t think he has to obey the constitution and doesn’t listen to the people. He insults our
    friends and makes nice with our enemies. He’s made us a laughing stock. Liberals have done
    such a good job that our education system is
    failing which has been controlled by liberals for
    the past 50 years. Liberals are pro gay, pro
    abortion, anti Christian but pro Islam, illogical,
    Immoral, unethical, politically correct when it suits them, anti military, pro big government, good at spending, pro union, anti 2nd amendment, for higher taxes, will defend the right to view porn but won’t allow prayer in school or allow a manger scene in a town square. Between the liberals taxes and more and more regulations and the unions demands and dirty tricks we are loosing more and more jobs overseas. The liberals are good at social
    programs but haven’t got a clue on how to pay for those programs. Liberals are like sheep they will believe anything a liberal says even if it doesn’t make logical sense and will never admit they are wrong no matter how much proof there is. Liberals resort to anything to win they have no honor and have no ethics. They will do anything to win no matter how unethical and
    dishonest it is. Our economy is being destroyed by liberalism. We can’t afford to keep spending the way we are doing and raising taxes isn’t going to fix the problem. I am proud to be a conservative and hopefully in 2012 we can’t get control of the country back for we can’t afford any more of the liberals.

  • Tinman

    Anyone out there have a glow in the dark glass maker, if so for a mill and a half I will deliver it where it should go. You may get my address from the jackboots who are monitoring the post.

  • Jstarusa

    There you go folks, he wants the United States to come to a screaching halt! How many of us are going to be able to afford to even go in to town, with prices like that? Get a viable replacement then cut the gasoline and oil out. What is to be accomplished bring the prices of fuel to 8.00 a gallon here? Is there no intelligent life forms here on earth any more? I know there is no commom sense!

  • Painted Horse

    That is what obama the muslim wants!! And the rest of his leftwing radical politions!!
    If the gas prices keep going up we need to march on washington & stay until it gets below $2.00 a gallon!!!

  • KeithJ

    Energy Secretary Steven Chu in The Wall Street Journal: “Somehow we have to figure out how to boost the prices of gasoline to the levels in Europe.” IDIOT!

    Doesn’t this administration consider Americans who live in tre rural countryside when they propose these stupid ideas? Some people need to drive great distances for every day basic needs. NOT EVERYONE IN AMERICA LIVES IN A CITY WITH A GAS STATION, A DOCTOR, AND GROCERY STORE NEARBY.

    America’s best energy plan seems to be to dump Obama’s administration and elect a President who really has a viable energy strategy.

 

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