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Skyrocketing Gas Prices and Obama Admin‘s ’Misleading Facts About Oil Production’

Both men brought ample knowledge of the field to the program. Gerard
has been the head of API — the foremost trade association for oil
companies — since November 2008, after a long career in public service.
From his bio at API’s website:
Gerard has led API since November 2008, expanding its
membership and influence in all 50 states and globally, adding offices
in Dubai and Singapore to its operations in Beijing, enabling API to
better inform the public and policymakers on important energy issues.
API‘s Washington presence is the foundation for the oil and natural gas
industry’s advocacy and outreach at state, federal and global levels on
public policy, standards and certification programs, and as the source
for information on industry best practices.
Gerard is recognized by numerous publications and his peers as one of Washington’s most influential advocates.Washington Life magazine named him one of the city’s “Power 100” and a Fortune magazine
profile said Gerard’s effort to build a 50 state advocacy network for
the oil and natural gas industry was “showing signs of success” through
its outreach to workers and non-traditional allies.

Prior to joining API, Gerard served as president and CEO of the
American Chemistry Council, and earlier held the same position at the
National Mining Association. Gerard also spent close to a decade working
in the U.S. Senate and House. He came to Washington in 1981, and worked
for Rep. George Hansen. He also worked for Sen. James A. McClure, who
chaired the U.S. Senate Energy and Natural Resources Committee.
Freeman, meanwhile, runs a company known simply as Freeman Global
Holdings, LLC., which operates at the global level trying to gauge world
markets for clients. His book alleges that foreign countries
deliberately sabotaged the United States economy. From his bio:
Kevin Freeman is considered one of the world’s leading
experts on the issues of Economic Warfare and Financial Terrorism. He
has consulted for and briefed members of both the U.S. House and Senate,
present and past CIA, DIA, FBI, SEC, Homeland Security, the Justice
Department, as well as local and state law enforcement. He has traveled
extensively with research trips to Russia and China and throughout
Europe and the Americas.
Glenn opened the segment with a quote from Energy Secretary Steven
Chu that gas prices should be “boosted” to the level of Europe (around
$10/gallon now). He then segued into speaking with Gerard about the
effects of Obama administration policies on the energy market.
Specifically, Glenn pushed Gerard on the topic of why oil imports have
decreased in the United States, as President Obama trumpeted in a recent
weekly address. Gerard’s response is below:
That’s factually correct, but let me tell you why it’s
misleading. The reason our imports are down is because demand in the
United States has dropped significantly because of the recession. So
either the President is impliedly taking credit for the downturn in the
economy or he’s taking credit for the increase in domestic production,
which is what we in the industry have done on state and private land.

http://www.theblaze.com/stories/beck-and-guests-dissect-skyrocketing-gas-prices-and-obama-admins-misleading-facts-about-oil-production/

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Added: Mar-11-2012 Occurred On: Mar-11-2012
By: dfaugust2k
In:
Politics
Tags: obama, chu, oil prices, iran, democRTAs, liars, frauds, traitors, thieves
Location: United States (load item map)
Views: 2121 | Comments: 28 | Votes: 3 | Favorites: 2 | Shared: 2 | Updates: 0 | Times used in channels: 2
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  • All this talk about high gas prices has mainly do with the drop in value of the American dollar. Yup, it's not that oil is going up, but that the dollar is going down. Besides it doesn't matter how much oil is drilled or piped in since the refinerys are already at 100% production. Build another refinery and you will see the price of gas drop, than and only than will supply rise. But we all know that wont happen. They haven't built a refinery since the 1970's. Before I go I would like to giv More..

    Posted Mar-11-2012 By 

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  • well, the figures would only be correct if, by 2030, we were still fully dependent on natural oil&gas ressources. To me, going away from that political dependency on oil conglomerates looks like the right step in the long run. Those figures are a bit deceiving endorsing "potential" jobs as real jobs.
    In 20 years we wont need much oil anymore, the jobs would fall away again.
    Thats not considered in the figures....fail..

    Posted Mar-11-2012 By 

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    • @ArtificialArtist "In 20 years we wont need much oil anymore" So what will we be using?

      Posted Mar-11-2012 By 

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    • @flashj2 Well, the efficiency of direct electric impulse systems keeps evolving, hydrogen-systems are also quite far in their advancements. Then there might be other alternatives on the horizon. Of course there won`t be any if we don`t force our own indepence, we`re humans, we`ll come up with something better. Have some faith in human ingenuity. ;)

      Posted Mar-17-2012 By 

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    • @ArtificialArtist In 20 years we'll be using oil and a shit load of it and if you think different, show me the "technology" to replace it. We're more likely 50-75 years away from ever not needing "much oil anymore".

      Posted Mar-17-2012 By 

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    • @flashj2 How did NASA make it to the moon? The technology wasn`t there. It is willpower which make projects like these a success.
      So whenever we think, "oh yeah oil is good, no need for other ideas"
      we won`t even start to look. Thats my point.

      Oil is a fuel source, fuel is replacable. Here`s an example of one of many approaches:
      http://en.wikipedia.org/wiki/Hydrogen_fuel

      Also the electric-"engine" approach is getting more competitive each year.
      And just like with digital co More..

      Posted Mar-18-2012 By 

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  • ogaga, the deceiver in chief

    Posted Mar-11-2012 By 

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  • and the Lame St media just ignores this story while pushing the Rush ones

    Posted Mar-11-2012 By 

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  • Idiots. Oil is priced in gold. Prices are not going up, dollar value is going down, so prices appear to be going up.

    Doubling US production is about a 10% increase of global production, so the price will not be affected by much at all.

    Posted Mar-11-2012 By 

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  • Who the hell is this cook Glenn Beck?

    Posted Mar-11-2012 By 

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  • Beck, the best credible source for the willfully ignorant.

    Posted Mar-11-2012 By 

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    • @Zardoz003 Besides the ad hominem, hell I can't stand Beck either. Have you bothered to check on the material presented. I did. Found only a few half truths, the rest was spot on. The jobs lost in the Gulf is accurate, the oil production down from projections is correct so is the moved rigs that most likely won't ever come back. Demand is down and Obama has nothing to do with increased production on private land. Oil permits are not equal to production.. The best point that wasn't spin is if we More..

      Posted Mar-11-2012 By 

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  • And of course there is an alternate view, too:

    http://www.liveleak.com/view?i=72e_1331419705

    Posted Mar-11-2012 By 

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  • Blame it on the US pres. as always. Summer is around the corner here so the price goes up as it always does. Same as the holidays. Its an EXCUSE much as the excuse for middle east problems causing it. Oil went up 5 dollars a barrel and prices on gas jumped 60 to 75 cents a gallon. Even if their cost isnt raised from suppliers do you think they would reimburse you for over paying?LOL, hell, they will use every trick in the book to raise prices. Its up to us to be less "dependent" on it More..

    Posted Mar-11-2012 By 

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  • well some one does actualy pay to watch this clown and then they break copy right laws posting it on LL.

    Posted Mar-11-2012 By 

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  • There IS no quick fix for oil prices. The cost hikes are more the fault of Wall Street and the world markets, more than anything else. Increasing supply won't have short term gain. Canada is an oil exporter - they ship out three barrels for every barrel consumed domestically - and they are paying the roughly the same amount, even adjusted for taxes, as the US.

    Posted Mar-11-2012 By 

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    • @viennachoirboy

      Wallstreet operates on perceptions. Obama has created a perception of risk to the supply. We can get rid of Obama for our quick fix.

      BTW, I remember Bush mere calling for more drilling reduced prices in 2006.

      Posted Mar-11-2012 By 

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    • @WillRoberts - with respect - John McCain saying we should bomb Iran, with the support of a number of fellow congressmen is what is causing the tension in the Middle East, and the higher gas prices. it's not the only thing, but a big part of setting the "tone" of the oil speculation market.

      Posted Mar-15-2012 By 

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