Monday, June 16, 2008

OBAMA: WRONG ON ENERGY








As Obama Travels To Michigan, Will He Explain His Support For Higher Energy Costs To Voters?
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Today, Obama Will Campaign In Michigan. "The road to the White House doesn't necessarily run through Flint, but it's a natural side trip for any Democrat who preaches economic recovery for the middle class. Barack Obama will take that side trip on the way to a large rally at Joe Louis Arena in Detroit later today." (Chris Christoff, "Obama To Stop In Flint Today," Detroit Free Press, 6/16/08)

Will Obama Tell Michigan Voters That He "Would Have Preferred A Gradual Adjustment" In Gas Prices?

Last Week, Obama Said He Would Have Preferred A Gradual Increase In Gas Prices. Obama: "Well, I think that we have been slow to move in a better direction when it comes to energy usage. And the president, frankly, hasn't had an energy policy. And as a consequence, we've been consuming energy as if it's infinite. We now know that our demand is badly outstripping supply with China and India growing as rapidly as they are. So..." CNBC's John Hardwood: "So could these high prices help us?" Obama: "I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing." (CNBC's "Your Money, Your Vote," 6/10/08)

Will Obama Tell Hardworking Michigan Families That He Opposes Gas Tax Relief?

Obama Opposes Gas Tax Relief. "Obama does not support the 'gas tax holiday' and has said the average motorist would not benefit significantly from such a suspension..." (Sara Kugler, "Clinton Focuses On Obama's Opposition To Suspending Federal Gas Tax For Summer Driving Months," The Associated Press, 4/28/08)






As Of June 16, 2008, The Average Price For A Gallon Of Regular Unleaded Gasoline In Michigan Was Over $4.11. (AAA Website,
www.fuelgaugereport.com, Accessed 6/16/08)

Will Obama Tell Michigan Voters That He Supports A Tax On Coal And Natural Gas - Both Large Sources Of Energy In Michigan?

Obama Told A Texas Newspaper: "What We Ought To Tax Is Dirty Energy, Like Coal And, To A Lesser Extent, Natural Gas." ("Q&A With Sen. Barack Obama," San Antonio Express-News, 2/19/08)

Michigan Is A Substantial Producer Of Natural Gas. "Natural gas production in Michigan is substantial and supplies nearly three-tenths of State demand. Natural gas wells are concentrated in the Antrim field in the northern portion of the Lower Peninsula." (Energy Information Administration Website,
tonto.eia.doe.gov, Accessed 6/16/08)

Nearly Four-Fifths Of Michigan Households Use Natural Gas To Heat Their Homes. "Driven largely by the residential sector, Michigan's natural gas consumption is high. Nearly four-fifths of Michigan households use natural gas as their primary energy source for home heating." (Energy Information Administration Website,
tonto.eia.doe.gov, Accessed 6/16/08)

"With Over One-Tenth Of U.S. Capacity, Michigan Has The Most Underground Natural Gas Storage Capacity In The Nation And Supplies Natural Gas To Neighboring States During High-Demand Winter Months." (Energy Information Administration Website,
tonto.eia.doe.gov, Accessed 6/16/08)






"Michigan Has More Natural Gas Reserves Than Any Other State In The Great Lakes Region." (Energy Information Administration Website, tonto.eia.doe.gov, Accessed 6/16/08)






Michigan Relies On Coal For Nearly Three-Fifths Of Its Electricity Generation. "Coal dominates electricity generation in Michigan, supplying nearly three-fifths of the market." (Energy Information Administration Website,
tonto.eia.doe.gov, Accessed 6/15/08)






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