Why isn’t Obama buying up cheap oil assets like China is to cut the risk of price increases?

Will Americans and our employers soon be paying 3X the price that China pays for energy as Obama forces us to use expensive wind, corn, and solar while China produces scores of products to send to the US with cheap oil, coal, gas, and nuclear power?
Will we soon be forced to beg both OPEC and China for oil under Obama?

4 Responses to “Why isn’t Obama buying up cheap oil assets like China is to cut the risk of price increases?”

  1. Guru Says:

    Obama is for GREENPEACE at any cost

    save the environment~ween the US off of OIL

    Noble thoughs but China and India say nuts to Greenpeace

    as for them ~~economy comes first last and always

    They cannot afford this GreenPeace nonsense

  2. Dan in Miami Says:

    Because he hates anything petroleum based . . . he is only into "green" energy . . . . even though the technology is not sufficient to supply America’s needs.

    Had enough of little barry obama’s Socialist agenda?

    Write the yo-yo’s in Washington a letter and give them a piece of your mind. I ALWAYS ask for them to reply to me in writing. Americans CAN make a difference . . . if they’ll just write one damn letter and stick a .42 stamp on it.

    One letter to Washington does more good then 100 rants here, in Y/A

    Dan in Miami

    President Barack Obama
    1600 Pennsylvania Avenue
    Washington, D.C. 20500

    Speaker of the House Nancy Pelosi
    Office of the Speaker of the House
    235 Cannon H.O.B.
    Washington, D.C. 20510

    Senator Harry Reid
    522 Hart Senate Office Building
    Washington, D.C. 20510

    or at least CALL the yo-yo’s . . .

    Congressional Switchboard
    (202) 224-3121

  3. PUBLICLY CORRUPT Says:

    BECAUSE HE IS MORE WORRIED ABOUT THE ECONOMY. IF THE PRICES ARE MANIPULATED AGAIN, IM SURE HE WONT HESITATE TO DO A FULL GOVERNMENT INVESTIGATION. THE PRICE IS MANIPULATED. IT HAS NOTHING TO DO WITH SUPPLY, DEMAND, OR ANYTHING. IT IS ALL GREED.

  4. Mercer Devil Says:

    Obama is getting America ready for the future. China finally burns up the last of its cheap oil assets, it will flounder. Short time, America may pay more, but in the long term, America will be much further ahead than anyone else.

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