Sarah Palin on Obama's oil market crackdown
President wants Congress to strengthen federal supervision
- Duration 11:56
- Date Apr 17, 2012
President wants Congress to strengthen federal supervision
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Now you're looking to President Obama making unscheduled remarks today regarding gasoline prices suggesting congress address oil speculation.
Funny Governor Sarah Palin and I spent the week and offering the president some of our expertise for lowering gasoline prices.
Drill our own vast natural resources embrace natural gas -- the EPA and address oil speculation.
You think he was listening.
Who knows but let's as Governor Palin herself -- joins us via via phone governor thanks for joining us.
You how are you.
All right -- you heard -- address oil speculation but that was.
That was one hard is that enough to solve the solve our energy energy crisis governor what did -- miss no.
No not not even close -- -- -- the problem here now the other night you know we proposed an all of the above solution and we challenged the president took quite common that and pro American industry principal and no -- speech reflected.
Lack of awareness of what the problem really is adding that the pollution cap would be -- Part of beyond that related to what he didn't -- A multi.
But it collision and that is what we proposed really our president I -- at all our American energy it connect to our economy.
And air when you had explained.
In that -- looking at the pump your idea -- Today.
-- city in some -- bet.
Speculation and and what did he -- peace he needed to do they have to cheat.
To get a handle on speculation that what that was the point out just one leg of the two well.
I governor I've noticed President Obama again cited that that number he keeps throwing out there that we have.
We -- 20% of the world's oil but we only have 2% of the world's natural resource is -- governor.
You and I broke that down and that special we don't know what we have doing.
You know the -- His quote unquote act and it numbers on energy production -- -- to -- they argued that as an -- -- well yet to end.
I implore Americans to -- their homework and not take Barack Obama comment that they value especially when we're talking about energy.
What we are asked -- 148.
The authority allowance from the federal government to get out there -- -- more on more federal playing out.
Where more of our oil restart the -- but nobody ever but he -- Are -- I don't need -- TV the public didn't give Bob the leading that we do you only have to respect for the work well but we explain that -- special -- belt.
I've -- terrorist Bob Beckel Leslie makes sure I understand -- -- if you look at what all the above Barack Obama has.
Called for more nuclear power are there plans to that has begun.
I resort to alternative energy is the difference here now the amount of drilling -- takes place that's different treat you and -- physician and the up for the president has -- get stabbed to drilling doesn't.
Not just to really know Bob.
Again unleashing domestic energy production at age 88 drill baby -- -- -- -- Bracket allow quite quite that he built all of that very important MIT -- -- minerals.
But when you.
Look at what Barack Obama is actually doing -- killing that Keystone Pipeline in the park -- authority over actually and here.
His mission of -- crafty.
A coal company which leads to less electricity in the US does things that -- actually Italy not just Spain got what you actually do -- Are burdening our American.
At making it more reliant on or -- court.
Do -- branches so that each get about alternative energy if if you all the above I assume includes alternative energy.
What alternative energy -- sources outside of oil and gas.
Do you think ought to be the priority.
An alternative energy.
National after the clean -- sort of energy and natural gas in our future we have hundreds of trillions of cubic feet waiting to be capped with.
That I agree part of energy but we do have -- -- what we have we have huge it's gonna pay quite.
A wild -- sport no alternatives are the energy to become economic and that bridge fuel that can't fill the gap between where we are now and win Obama has -- Utopian idea of just alternative energy the eating up our economy money -- cards that.
And our business very well -- -- -- -- feels -- half could be the conventional warfare.
And we in America with the highest standard of -- based -- environmental.
Safety precautions taken much more so than any foreign country that we relying on.
For energy production it makes more sense to tap -- both conventional fuels today.
Out -- work toward that when alternative course that can take place.
I've got I got parents -- -- -- -- just -- build on one thing that you said but two things one is on nuclear power.
While true that.
Everybody will say that they supported these projects are struggling there's only been one that's been approved and down in Georgia.
The communities want it's the capital is slow to get there and the regular regulations and the litigation make it very problematic and then we still have a problem that nobody is talking about anymore.
Because of Nevada and maybe for good reason and that is what -- do with the waste.
That the second thing is on the EPA two weeks ago very quietly.
They announce something that will basically make it impossible -- an economic to build a coal fired power plant and in our lifetimes if we want job so we can grow the economy so that we can build.
-- have our jobs as well as help other countries because when our country's doing well other countries do well.
They've basically done something on at EPA on regulations of the emissions that is going to make it very impossible to upgrade these coal -- power plants and to make them cleaner.
So I think that all of the above strategy is it's a nice talking point but when you dig beneath the surface it's not supported by the facts.
You know that's a great lately we've talked also about -- That job killing burdensome regulations in the EPA and even in our individual states.
And you know that I'm not but the burden.
Via the -- up rules are coming down the -- these all week expert that they -- and certainty in the marketplace and they all contribute.
Due to problem that we face today and here's until guys.
Barack Obama is not under the -- what the problem is a problem yeah.
That we are -- too reliant on board -- of energy he still does not understand.
That America has the potential here could be energy security we can get it done within the decade.
If he would understand that common sense.
Doable things that don't have and laid out and that all of the above approach.
And yet the market to -- he didn't mention any of the other leg of -- door.
You mentioned just been bureaucratic dairy period -- the report but left -- to put -- -- Didn't do it's gonna talk about -- The FTV but -- -- -- -- bureaucratic waste.
I'm dealing with energy crisis this is what it's gonna.
He -- He -- he still not understanding what the problem.
He governor Andrea can -- he said that.
President doesn't understand it do you really believe that he is that and I needs to energy policy or really is he just.
A liberal at heart and he's bound by the environmental lobby he's bound by other lobbyist is it politics or is he just ignorant on this issue.
I -- ignorant on the issue Andrea and I believe that those who he has surrounded himself with do not understand.
Big geology and that you are -- he'd talk about let's talk about what does that potential import American energy independent.
He doesn't understand premarket principle they are so many things that contribute to hit.
Terrifying movie night -- purpose or a ball well on our energy production let it it -- and -- and a pretty scary.
Governor we want to get to another topic Kara wants to jump in on this but -- that we -- definitely wanna get to this currency federal web ad today that we found very very interest -- guys can we roll that what our web that governor take a listen.
I'm not gonna make any excuses.
I'm not gonna make any excuses.
I would be held accountable and I quickly -- people have -- -- that that's exactly right.
We're not there well that -- -- -- because this recession turned out to be a lot deeper than -- was realized I'm not gonna make any excuse.
In the midst of the worst recession since the Great Depression I'm not gonna make an excuse -- -- a lot of excuses on.
A lot of -- them and the electorate I believe -- -- impatient with the excuse that we do want actions taken.
And you know I believed to be replaced this nation CEO we have to replace Barack Obama with someone -- under the -- What is gonna take to get the economy back on the right track.
Evidence of -- again I obviously don't agree on that but Greg Gutfeld and waiting here to ask your question so I -- I've got to turn this over to him and yet I think it will America really has been waiting for this question.
What are you doing red all right let's put up enough to.
What it what do you not read I drag I think it yeah 21 that it -- -- -- -- red -- career or a couple of political potential over spoke.
I think I isn't and got Aaron Stan I used to think that but I am I'm so okay will not really your career has gone down there.
We'll -- you guys gonna get the I want my.
We should go.
-- let me get serious here for a second did you -- -- actually willing to congratulate the president on what he did today is that correct as -- -- wanted your legs.
Well I'll jump in here real quick governor I think it's one of the latest bit as the governor pointed out it's only one there are a lot of other things he paid -- -- is EPA.
That's hugely important -- is usually important.
The natural gas for governor police we can give him credit for seeing at least what may be watching this -- -- -- -- can I ask you then governor question now with the president's regulation of the financial markets now he's saying he wants to regulate oil markets right we know I don't have to tell you both you and to the governor oil experts.
That there's no other competitive alternative to -- to the best way to get oil prices down as more oil feel a little bit nervous about the president.
Meddling in oil market speculators so yeah and speculators and what's a speculator people of mutual funds.
No we don't we all sort of speculators doesn't make anyone a little nervous.
Governor fair and Eric hit this point about making sure that you could spec they were virtually no money and drive and fresh world's people like -- by the government making -- him getting involved the government of the let's -- makes it -- make the point go ahead if if you -- if you have enough oil here and you drill enough -- there's no reason speculate the price up isn't that right.
It and what we're talking about supply side economics -- the principal pair that are time tested true -- work.
And that you don't know that this comment but the prices keep it to anybody -- looking at -- Obama that as a candidate and what Joseph Biden at that -- I've learned it for their -- that they hope -- they think about bankrupting coal companies.
They ate hot about that apparently increasing skyrocketing energy prices almost being that they had product if you are coming -- recent city.
All right governor we have deleted -- -- really appreciate your time thinking of how much I don't see you soon -- -- our guys what this US Secret Service members.
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