The man who sank BILLIONS into failed green energy programs (list below) apparently claims to be the genius behind the booming fossil fuel (oil and gas) industries!
Yes, America barack obama is again taking credit for the very industry he demonized. He ceded US energy production to our competitors (some one could argue are our enemies) yet thinks the boom in oil and gas industry is because of him. Wasn’t this the same obama who condemned fracking, which is the technology behind a lot of the booming production? How can you take credit for oil and gas production if you did everything possible to stop the technology that yielded it!?
When obama would say he was in favor of “all of the above” in energy production he was literally talking about only those sources above ground: wind, solar, hydro etc. His admin, via weaponizing the EPA and other agencies did everything possible to limit our oil and gas production.
Never seen anyone who worked so hard to destroy American industry and wealth be so self-centered and delusional that the very industries he tried to destroy, now booming, are because of him! It’s not funny, it’s sick and just goes to show how dangerous obama was/ still is to this country. Listen to that crowd applaud him, they think he is a god.
Let’s not forget one of obama’s greatest hits, when he vowed to bankrupt the coal industry (fossil fuel).
Evergreen Solar ($25 million)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)
(*Companies that have filed bankruptcy) ~DailySignal