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Entries in gas (13)

Monday
May162011

White House Press Gaggle With Jay Carney

Aboard Air Force One

En Route Memphis, Tennessee 

 

10:30 A.M. EDT

     MR. CARNEY:  Good morning, everyone.  Welcome aboard Air Force One as we make our way to Memphis, Tennessee, where the President will deliver the commencement address at the Booker T. Washington High School, winner of the 2011 Race to the Top High School Commencement Challenge.

 

     While in Memphis, as you know the President will meet with family affected by the flooding, state and local officials, first responders and volunteers. 

 

     And with that, I will take your questions.

 

     Q    Jay, what is the President’s reaction to the violence along Israel’s borders and the violence and the killings of Palestinian protestors?

 

     MR. CARNEY:  Jim, we regret the loss of life, and our thoughts are with the families and loved ones of those killed and wounded.  Israel, like all countries, has the right to prevent unauthorized crossings at its borders.  Its neighbors have a responsibility to prevent such activity.  We urge maximum restraint on all sides.

 

     We are also strongly opposed to the Syrian government’s involvement in inciting yesterday’s protests in the Golan Heights.  Such behavior is unacceptable and does not serve as a distraction from the Syrian government’s ongoing repression of demonstrators in its own country.

 

     Q    Does the President think that Assad is doing this in order to deflect attention from his own problems?

 

     MR. CARNEY:  Well, we certainly think that there’s a history of that and it seems apparent to us that that is an effort to distract attention from the legitimate expressions of protests by the Syrian people and from the harsh crackdown that the Syrian government has perpetrated against its own people.

 

     Q    — the degree to the incitement yesterday is sort of heightened as a result of the Arab Spring, I’m wondering if you could sort of put the President’s address on Thursday in the context of that and also in the context of this week with Abdullah and Netanyahu being in Washington.

 

     MR. CARNEY:  Well, obviously the President will deliver an address on the Middle East on Thursday and he will discuss, among several topics, the dramatic change we’ve seen in the Middle East and North Africa this year.  He will also discuss the Middle East peace process and the need for that process to continue and succeed.  Beyond that, I don’t want to preview too much of what he’s going to say.

 

     Q    What does the President think about what’s going on with Dominique Strauss-Kahn in New York?

 

     MR. CARNEY:  Well, we obviously won’t comment on a legal matter. I can say obviously that we — I think I have something here on that.  One minute, I thought I had something on it.  We remain — we note that the IMF has said that they have appointed an acting director and the IMF remains fully functional and we remain confident in the institution of the IMF and its ability to continue to execute its mission effectively.

 

     Q    Is the President worried that this will somehow hinder the efforts at securing certain packages for European countries that are —

 

     MR. CARNEY:  No, we’re confident that the IMF will continue to function effectively.

 

     Q    Given, though, that the situation in the Middle East and North Africa is still changing and evolving, is the speech going to sort of lay out where we are at this moment in time, the President’s sort of a broader vision for what he sees —

 

     MR. CARNEY:  I think the President will obviously address where we are in this remarkable period and will also address how he approaches the kind of historic change we’ve seen in the region and how — where he thinks we’re headed, both as the United States in terms of our policy towards the region and the region itself.

 

     Q    Along those lines, Jay, the departure of Senator Mitchell — former Senator Mitchell as a special envoy, does this signal a change in the approach that the President is going to take?  Is there going to be a new Cairo speech that kind of outlines his vision?

 

     MR. CARNEY:  No, not at all.  I think the President is very appreciative of Senator Mitchell’s remarkable service and effective service, and — but it does not signal any change in that regard.

 

     Q    Did the President watch the Endeavour launch?

 

     MR. CARNEY:  I think we were on Marine One.  We don’t have a — well, we did not watch it.

 

     Q    Does the President still think that —

 

Q    — area today?

 

     MR. CARNEY:  We are, as you know, meeting with first responders, families and others today, and that’s what we have on the schedule.

 

     Q    Does the President still think that we are in the midst of a new beginning with the Muslim world in terms of the relationship that the U.S. has?

 

     MR. CARNEY:  Well, I think that he does — I mean, he believes that the history, as he said, of — the future of that region will be written by the people of the region, and that what we’re seeing is an expression of long pent-up desire for greater freedom, greater prosperity, greater engagement in the political process in these countries.  And obviously that has an effect on our engagement as the United States with the region. 

 

He is optimistic.  It’s obviously a very fluid situation, and every country is different.  But he is optimistic about the potential for positive outcomes in the various countries in the region.

 

     Q    Can you preview the meetings with Abdullah and Prime Minister Netanyahu this week — will he discuss specifically steps —

 

     MR. CARNEY:  I think at each case they’ll discuss the events in the region as well as the prospects for progress in the Middle East peace process.

 

     Q    Will the President address the flooding in his remarks today at the school?  And what sort of updates has he been getting or receiving on the situation in Mississippi?

 

     MR. CARNEY:  Well, he’s been getting regular updates on the flooding in general, not just — I mean, with regard to the Mississippi River, and the effects — the impact it’s had down river, as you would say.  And I don’t want to preview his remarks on that.  I’ll do a readout of his meeting with the families and others, but beyond that, I don’t have a preview.

 

     Q    Jay, there’s some — been downgrading on the economic growth numbers from 3.3 to 2.8 today.  Any reaction to that and how that affects a long-term view for the recovery?

 

     MR. CARNEY:  Well, I don’t have any reaction to the specific prognoses, except to say that we obviously focus very much, the President is, on continuing to do the things that promote economic growth.  Obviously the growth that we’ve seen in the wake of the contraction has been very positive and beneficial.  We are doing everything we can to ensure stronger growth, including investing in those programs that will — and those areas that will allow us to grow and thrive economically and create jobs.  But there’s nothing that matters more to him than that.

 

     Q    Any worries about gas-price-driven inflation?

 

     MR. CARNEY:  Well, we obviously focus very much on the impact that higher gas prices have had on family budgets.  The President has spoken to this and continues to monitor that.  He understands that for families that are, like the country, emerging out of a very tough economic time, and those who still are struggling, the sharp rise in prices at the pump is — it was and is a very unwelcome development.  And he’s very focused on that.

 

     And obviously, I’ll note, as you all probably wrote about,  the decision to speed up some of the leasing and the decisions he made to expand in development, oil development, in the United States is part of his long-term commitment to make sure that we produce as much oil as possible, safely and responsibly in this country.  And that’s part of that goal, to reduce our dependency on foreign oil.

 

     Q    I believe that today was the day the debt limit was supposed to hit.  Is there any statement from the White House?  And has the President made any calls over the weekend for the budget —

 

     MR. CARNEY:  I don’t have anything on any calls he might have made.  But it is true that we are now in that period where we have essentially some cushion provided by the extraordinary measures the Treasury Secretary is able to take, as previous Treasury Secretaries have taken in a situation like this.  But it is a reminder that we need to have a vote to lift the debt ceiling because the consequences of not doing so would be quite serious, indeed.  And those who suggest otherwise are whistling past the graveyard.  It is a foolish thing to suggest that we could somehow as the United States of America default on our obligations and that it would not have seriously negative consequences if we suddenly stop paying our bills on a third of our obligations.

 

     Q    Jay, will the President take up AIPAC’s invitation to speak to them before he leaves for Europe?

 

     THE PRESIDENT:  The President will address AIPAC on Sunday morning, May 22nd, to stress the importance of the U.S.-Israeli relationship.

 

     Q    On the debt limit, what has the President’s involvement been in the Gang of Six talks?

 

     MR. CARNEY:  We have been in regular consultations with those members of Congress who are approaching this issue seriously and looking at the need to address it in a balanced way.  And that includes members of gangs and those who are unaffiliated with gangs.  So I hope that’s vague enough for you. But obviously we’ve been in consultations with those members who are seriously interested in this issue.

 

     And we see this — just to address the broader point — the President views the current situation as an opportunity.  Some of you who’ve been in my office have heard me say for a long time that this President is committed to doing something significant and serious about our long-term deficit and debt problem and this is an opportunity to address that.  That’s why he did the fiscal commission; that’s why he laid out his plan; and that’s why he asked the Vice President to oversee these negotiations. 

 

And he really thinks that this is an opportunity for the President, for Republicans and Democrats, to come together, find some common ground, and do something about a problem that we all recognize, which is that we need to reduce our deficit and our long-term debt in order to ensure that we have the kind of economic vitality in the 21st century that will allow us to win the future.

 

Q    If he’s addressing AIPAC on Sunday, does that mean that the speech on Thursday will have less on the Mid-East peace process?  Would he be saving that —

 

MR. CARNEY:  No, the major speech of the week is Thursday.  I think — I would not expect a major policy speech on Sunday.  I think he looks forward to talking about the unshakeable bond between the Israelis and the Americans and the importance of that relationship.

 

All right, anything else?  Great.  Thanks, guys.

 

Q    Thank you.

Tuesday
Apr072009

Spending the stimulus money: energy

By Michael Ruhl, University of New Mexico – Talk Radio News Service

President Barack Obama has left the U.S. Department of Energy with a difficult task: how spending $150 billion over the next decade will result in 25 percent of Americans using renewable energy sources by 2025.

At the Energy Information Administration's annual conference in Washington today, Secretary of Energy Steven Chu said that government funding will drive scientific research to make renewable sources of energy more accessible and affordable.

A Nobel Prize-Winning Physicist, Chu said that with aggressive research, adequate government funding and public support, America will spark a technological and scientific revolution in the energy industry, making renewable energies more accessible and less expensive.

President Obama has committed to doubling the funding of basic science in the next ten years, and Chu believes the funds will have significant impacts.

Chu believes that economic prosperity is tied intimately to energy affordability and energy security, and cautioned against being misled into believing that there is any correlation between the amount of energy a country uses and that country’s economic prosperity. Citing numbers from the Human Development Index, Chu displayed that over the past several decades California’s energy consumption has remained consistent while its GDP per capita has nearly doubled.

President Obama has said repeatedly that his energy plan is one that will help the economy by creating green jobs which are not subject to the threat of outsourcing, but opponents criticize the costs involved.

The Energy policy laid out in January’s Stimulus Package allots over $16 billion to energy efficiency and renewable energy, which is part of the broader $32.7 billion that the Department of Energy was given overall.
Friday
Aug012008

The “Gang of 10” create a “New Era” to tackle soaring gas prices

Members of a bipartisan coalition of Senators known as the “Gang of 10” held a news conference to discuss their plan to reduce gas prices, lessen the nation’s dependence on foreign oil, and strengthen America’s economy. The “Gang of 10” is led by Senate Budget Chairman Kent Conrad (D-N.D.) and Sen. Saxby Chambliss (R-Ga.), and includes Sen. Mary Landrieu (D-La.), Sen. Lindsey Graham (R-S.C.), Sen. Blanche Lincoln (D-Ark.), Sen. Johny Isakson (R-Ga.), Sen. Ben Nelson (D-Neb.), Sen. John Thune (R-S.D.), Sen. Mark Pryor (D-Ark.), and Sen. Bob Corker (R-Tenn.).

All of the members of the “Gang of 10” said that the U.S. is facing a “critical challenge” because of skyrocketing energy costs and that this growing crisis undermines the budgets of families across the nation. They agreed that the issue is neither Republican or Democratic, but rather “an issue that affects us all.” Conrad explained that the “Gang of 10” is working together in a bipartisan manner to develop comprehensive energy legislation. He also explained that the New Energy Reform Act of 2008, better known as the New Era Bill, is an intensive effort to transition vehicles to non-petroleum based fuels by using “robust” federal commitment to conservation and energy efficiency. Conrad said that the bill addresses all aspects of the energy issue by aiming to convert vehicles to non-oil fuel sources, enhancing conservation, and creating responsible domestic energy production.

Chambliss said that the “Gang of 10” epitomizes what the Senate is all about. He said that they are making a true bipartisan effort to solve the two critical issues: supply and demand of oil and conservation. Landrieu said that the bill will do more to lower the price of gas at the pump than anything Congress has previously done. Isakson said that this is America’s second and last chance to solve the energy problem, and the security of the nation depends on this solution.

Thune explained that the group is focused on “going where the energy is.” He said that in 2007 1.7 billion gallons of ethanol were produced and 9 billion gallons are expected to be produced this year. Nelson said that the question “to drill or not to drill” is no longer that important because the U.S. needs to “do it all.” Corker said that the group recently sent a letter to Majority Leader Harry Reid (D-Nev.), Republican Leader Mitch McConnell (R-Ky.), Finance Chairman Max Baucus (D-Mont.), and Finance Ranking Member Chuck Grassley (R-Iowa) asking them for their cooperation in the effort and the bill. Pryor said that the U.S. is facing a very tough time where people can either “come together or be torn apart.” He explained that the “Gang of 10” decided to “come together and lead the way forward.”
Wednesday
Jul302008

Republicans, truckers ask Dems to "stop playing games"

Senate Republicans held a joint press conference with Americans from the trucking industry this afternoon to discuss increased energy costs and its effect on commodity prices. Barbara Windsor, President and CEO of HAHN Transportation said that her trucking company spends $1,400 per vehicle to fill it with Diesel gasoline, and currently spends 58 percent more on fuel than it did a year ago.

Tony Sifford, a professional truck driver said that despite the fuel conservation efforts that he employs, such as slowing down, keeping a constant speed and maintaining a tuned-up vehicle, he still pays over $1,100 more than he did a year ago to drive from Hillsville, Virginia to Dallas, Texas three times per week. Sifford called upon the Democrats to stop playing games and cross party lines to bring an energy solution to America.

Sen. Wayne Allard (R-CO) said that Americans in the West need a solution, as they tend to drive further distances than others in the nation. As such, he said that he favors searching for oil everywhere we possibly can and not remove options from the table, especially because no renewable energy source exists for truck drivers.
Wednesday
Jun252008

Price of oil doubles, no one can explain why

The Subcommittee on Energy and Water Development held a hearing to discuss the forecasts for oil and gasoline prices and examine the Energy Information Administration’s (EIA) budget request for Fiscal Year 2009. Chairman Byron Dorgan (D-N.D.) said that the EIA is a very important organization and that their work is very important to the United States. However, Dorgan could not understand why the EIA’s projections continued to be “way, way, way off” for the past six months. Dorgan also said that he was confused as to why the price of oil and gasoline skyrocketed when nothing fundamentally changed in order to cause this.

Sen. Pete Domenici (R-N.M.) said that the U.S. must come up with solutions to increase supply and decrease the demand for oil. Domenici said that the country must produce more energy that it owns now in order to increase domestic supply. He explained that the U.S. is going to move from the crude oil economy it has now to something different, and though this process may take as long as thirty to forty years, it is a “bridge” that the country needs to cross.

Guy Caruso, Administrator for the EIA and U.S. Department of Energy, gave a testimony which focused on recent forecasts for oil prices and the factors that were considered in making these forecasts. Caruso said that since he last testified on this issue in December 2007, crude oil prices have increased from a monthly average of $92 per barrel to more than $135 per barrel. The EIA’s current forecast for crude oil prices is an average of $122 per barrel in 2008 and $126 per barrel in 2009. Caruso explained that there are several factors which combine to cause oil supply to struggle to keep up with demand growth, but also said that market fundamentals – demand, supply, inventories, and spare production capacity – are the primary drivers of global oil prices.

Caruso said that the EIA relies on a number of tools to project crude oil prices, including an econometric model of oil production, inventories, and spare capacity. He said that the EIA continually strives to improve their short-term forecasts. Caruso also said that recent experience with high and rapidly rising oil prices and large deviations of actual prices from forecast values highlight the challengers faced by EIA. He said that it is necessary for the EIA to have access to more data, which is what their Fiscal Year 2009 budget request proposes additional improvements for. However, when Dorgan asked what exactly caused the price of oil to double this past year, Caruso could not offer a good explanation.