Barack Obama shows how Sarah Palin understood reality better than he does.
In 2012, candidate and President Barack Obama decided to argue against the Republicans on energy.
As the Daily Caller reports:
it was just two years ago that President Obama said “we can’t just drill our way to lower gas prices” in a speech bashing Republican calls for more drilling.
“Last week, the lead of one news story said, ‘Gasoline prices are on the rise, and Republicans are licking their chops,’” Obama said in a 2012 speech in Miami, Florida. “Only in politics do people greet bad news so enthusiastically.”
“And you can bet that since it’s an election year, they’re already dusting off their three-point plans for $2 gas,” Obama continued. “I’ll save you the suspense: Step one is drill, step two is drill, and step three is keep drilling. We heard the same thing in 2007, when I was running for president. We hear the same thing every year. We’ve heard the same thing for 30 years.”
“Well the American people aren’t stupid,” Obama said in a speech in Miami. “You know that’s not a plan — especially since we’re already drilling. … You know there are no quick fixes to this problem, and you know we can’t just drill our way to lower gas prices.”
No, Sarah Palin is not mentioned in the Daily Caller’s story, but she should be. When Obama claimed that “We heard the same thing in 2007,” you know he was recalling her slogan: “Drill, baby, drill!”
And what have people done? They have drilled. They have developed horizontal drilling. They have developed hydraulic fracturing technology. They have forced OPEC to keep production open and oil plentiful. As a result oil prices are plummeting.
And the government had exactly nothing to do with it except to delay this day with their own stupid plans.
Read the quotations from Obama again and meditate on their sheer ignorance. Drilling is “not a plan” for low gas prices. “We can’t just drill our way to lower gas prices.”
We just did.
Even while Barack Obama was posturing in Miami in 2012, an army of workers were coming together, according to the direction and funding of entrepreneurs, to drill their way to lower gas prices.
Did they mean to do it? Not exactly. They were probably hoping that gas would stay more expensive for the sake of their investments.
But that is not society’s problem. Society simply gets to reap the benefits of plentiful and cheap fuel brought to them by the spontaneous action of individuals striving to better themselves. It happened without a plan. It happened without anyone trying to devise a way to reduce gas prices. Each individual was simply pursuing his own interests.
And yet we now have what Barack Obama said we could never get. A common-sense conservative like Sarah Palin was far more in touch with reality.
Meanwhile, the government has been burning your money for Solyndra, useless wind farms, and encouraging electric cars that no one wants to buy. That’s how wise and powerful your government is.