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Friday, February 24, 2012

President Obama talks gas prices, energy policies — and raises lots of cash

2012 CAMPAIGN


President Barack Obama mixed presidential business with campaign fundraising in Florida, where he is attending three fundraisers and defending his energy policies in a speech at the University of Miami.

Read more here: http://www.miamiherald.com/2012/02/23/v-fullstory/2656311/president-obama-to-talk-about.html#storylink=cpy

mcaputo@MiamiHerald.com

President Obama stopped in Miami Thursday to refuel his re-election campaign with $4 million in big-donor cash and to bash Republicans for politically “licking their chops” over the high price of fuel at the pump.
“Some politicians always see this as a political opportunity. You’re shocked, I know,” Obama said to a large crowd of University of Miami students.
“Only in politics do people greet bad news so enthusiastically. You pay more, and they’re licking their chops?” Obama asked rhetorically. “And you can bet that since it’s an election year, they’re already dusting off their three-point plans for $2 gas.”
Obama’s likely reference was to third-place Republican candidate Newt Gingrich, who has promised $2.50-a-gallon-gas on a “drill-here, drill now” platform.
All the Republican candidates have criticized Obama for not encouraging enough domestic fuel production and for rejecting what’s known as the “Keystone XL Pipeline,” which would deliver oil from Canada to Texas.
Obama never mentioned Keystone, but he did say that “my administration has approved dozens of new pipelines, including from Canada.”
A Pew Research Center poll showed two-thirds of Americans support the pipeline.
But the poll also showed more than half of voters support Obama’s auto bailout, which Republicans opposed and which Obama boasted of later at a Biltmore Hotel fundraiser. Obama’s stimulus program is still slightly less popular than popular, but voters are starting to like it more.
At the Biltmore Hotel fundraiser, Obama took credit for the growth in jobs, but received his loudest applause for giving the go-ahead to kill Osama bin Laden.
Obama didn’t tout his accomplishments during the UM speech, where he got the loudest applause for holding his hands in the schools trademark “U.” During the speech, the president stayed almost exclusively on the topic of oil.
The president also boasted that “under my administration, America is producing more oil today than at any time in the last eight years.”
Unmentioned by Obama: nearly all of that drilling was approved under his predecessor, President Bush.
Obama said, in the old days, he would stay and watch the Miami Heat-New York Knicks basketball matchup, but he had other things to do. Specifically, he has to raise money.
Obama hit up three high-dollar fundraisers: one at the swank Biltmore Hotel in Coral Gables (tickets, which started at $500, were doubled to $1,000), another at the Pinecrest home of a top Democratic fundraiser (pictures with the president cost as much as $15,000) and a third at the Orlando home of basketball star Vince Carter (dinner plates cost up to $30,000 each).
About a dozen protesters gathered outside the Biltmore Hotel in Coral Gables, holding homemade signs, including one that read, "Obama Marxist/Muslim Dictator."
The Miami area events fetched nearly $2 million and the Orlando dinner brought in slightly more than that.
Since Obama also spoke publicly, the lion’s share of the Florida trip — which will exceed $1 million — will be paid for by taxpayers.
Pedro Delgado, a 69-year-old retired engineer who came to Miami from Cuba 50 years ago, wore a Rick Santorum button. Delgado said he worries about the country’s education system and about the debt. "They have destroyed the dollar," he said.
The sign he carried read, "The deliberate destruction of our country by Obama and his handlers must be stopped."
Obama’s visit, the second this year, comes as the economy is showing signs of improvement along with his poll numbers. Still, most Florida polls show his approval rating under 50 percent in a state that’s still plagued by high unemployment and home-foreclosure rates.
The Republican National Committee noted that, since last year, the average price for a gallon of regular gas in Miami has risen 82 percent, to about $4 per gallon.
“President Obama promised to be a leader on energy policy when he was campaigning in 2008, but gas prices have skyrocketed since he’s been in office with most Floridians paying well above the national average,” Sharon Day, a Broward Republican and RNC co-chair, said in a written statement.
“It’s clear from President Obama’s focus on campaigning in Florida today — at both fundraising and a photo-op events,” she said, “that he’s more concerned about spending taxpayer dollars on his campaign trips than he is with saving American jobs or reducing prices at the pump.”
Republicans have also blocked some of Obama’s initiatives. Others have been failures, such as Solyndra, the bankrupt California solar firm that’s part of what Republicans call a “crony capitalism” investigation.
Solyndra, which filed for bankruptcy and laid off 1,100 workers in September, had received a $535 million taxpayer-backed loan guarantee from the Obama Administration. Republicans have unearthed emails showing that some in the administration were concerned with Solyndra’s finances, but the White House pushed for the loan anyway.
But Solyndra isn’t as big a concern to the average person as the cost of gasoline. Though the economy appears to be improving, high fuel prices threaten to raise the price of groceries and home energy bills.
A national Quinnipiac poll released Thursday morning shows voters believe the economy is improving, but they don’t think Obama should be elected to a second term. Voters say that the economy has begun to recover, 54-43 percent, a 51-point shift in opinion since September 1.
But Obama gets a negative 45-49 percent job approval rating, and 50-45 percent say he does not deserve to be re-elected.
The closer it gets to election time, the worse high gas prices are for Obama, said Brad Coker, pollster with Mason Dixon Polling & Research, which conducts surveys for the Miami Herald and Tampa Bay Times.
“Right now, it doesn’t matter what the price of gas is today or what the unemployment rate is today for the president,” Coker said. “It’s going to start to matter in the last week of September. That’s when people will really start to pay attention."
Obama’s speech had a defensive tone to it, pointing out that developing nations such as China and India are growing and consuming more fuel. More demand equals higher prices, Obama said, suggesting he wasn’t to blame
“Just think — in five years, the number of cars on the road in China more than tripled. Nearly 10 million were added in 2010 alone,” Obama said. “Ten million cars in one year — think about how much oil that requires. And those numbers will only get bigger over time.”
Obama said he will not “cede” solar-, wind- and battery-power technology to China.
Obama drew a measure of applause for crediting the City of Miami for powering its City Hall since 2008 with alternative fuel.
Unlike in 2008, when he called on Americans to get tune-ups and inflate their tires, Obama stuck to policies that Congress should enact, such as “clean energy tax credits that will lead to more jobs and less dependence on foreign oil green-energy tax credit.”
Obama, however, also subtly raised an issue that could raise fuel prices: Eliminating tax credits for the oil industry.
“Right now, four billion of your tax dollars subsidize the oil industry every year,” he said. “These are the same oil companies that have been making record profits off the money you spend at the pump. And now they deserve another four billion dollars from us? It’s outrageous. It’s inexcusable.”
Obama repeatedly said the “phony-election year promises” were easy to make. But the long-term commitment for alternative energy will eventually make the United States energy independent.
“There are no short-term silver bullets when it comes to gas prices,” he said. “And anyone who says otherwise is just not telling the truth.”
Miami Herald reporter Patricia Mazzei and McClatchy Washington Bureau reporter Erika Bolstad contributed to this report.

Read more here: http://www.miamiherald.com/2012/02/23/v-fullstory/2656311/president-obama-to-talk-about.html#storylink=cpy

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