President Obama professed enthusiasm for Brazil becoming a more active supplier of U.S. energy resources during his visit there over the weekend.
The emerging economic giant of South America should become a “new, stable source of energy” for the U.S., the president said. Obama's comment came as consumers in some regions of the U.S. are paying $4 or more per gallon of gas, and his administration continues to strangle domestic oil and natural gas production with unprecedented bureaucrats delays.
Obama's Brazil comment drew this response from Dan Kish, vice president of the Institute for Energy Research:
“President Obama's approach to energy seems to be to ‘spread the wealth around,’ as long as it isn’t here at home or with our strong ally and trusted neighbor, Canada,” Kish said.
“Right now, the president could order that oil production start in Alaska; that all permits be granted in the Gulf of Mexico; that Canada – our trusted ally, number one trading partner and largest supplier of oil – gets the permits they need to spend billions of dollars to build a pipeline across our border; or direct his Interior Secretary to stop holding up oil shale leasing on western lands,” he said
“Instead, he’s handing out loans for, and talking up the virtues of, Brazilian oil discoveries. These are discoveries his own policies are stopping right here in the U.S. The mystery of his approach is why it continues to be so anti-North American when it comes to where we get our oil,” Kish said.
“Energy is not the fashion of the day, but the servant upon which our entire economy rests. The president needs to get back home and show some appreciation for American resources and jobs.”
For more from Kish and IER, go here.