Gas Prices Skyrocket 67% Since Obama Took Office



Obama Fiddles while consumer
 fuel costs skyrocket 67%

 According to recent analysis in The Weekly Standard, the price Americans are paying at the pump have skyrocketed 67% since Barack Hussein Obama took office in January 2009. This huge increase compares with a 7% increase in the first 26 months of the George W. Bush Presidency--for those keeping score it is the same time-period comparison.

"Now obviously turmoil in the Middle East has something to do with our current astronomical gas prices, but keep in mind that by this point in the Bush presidency 9/11 had happened and we were on the verge of invading Iraq. So while the president can't be entirely responsible for global commodity prices, it's still worth asking what Obama's doing to make things worse."

For more information on the analysis visit The Weekly Standard.

Where is the outrage from the media about the huge increase under Obama? The same media were quick to point to the increase in fuel prices under President Bush as a huge increase, blaming the Bush Administration for the comparatively small increases against the 67% under Obama.

The outrage here is there has been a failure since the Carter Administration to chart a true course to energy security and break the grip of OPEC over not only the American consumer at the pump, but over American mlitary and foreign policy as well. It is the proverbial 'Emperor Nero' Obama fiddling while American economy and the consumer suffocates under rising fuel prices.

Political leaders need to act now to empower the private sector to lead America to energy security.

A Step in the Right Direction: Commerce Lexington Changes Policy to Pro-Coal

For the first time, Commerce Lexington--the business organization that promotes business issues in the greater Lexington, Kentucky area--acknowledged the positive impact that coal has had not only for the Bluegrass Region, but the entire Commonwealth of Kentucky.

In part to a response to calls from WTUK Radio and on-air personality Randy Walters, in Harlan, Commerce Lexington changed its 2010 policy statement to a strongly-worded statement acknowledging the importance of coal and calling pending energy legislation the "most immediate threat to Kentucky's business climate" while further stating the group’s efforts to "protect the viability of Kentucky's coal industry".

What brought about this positive revelation was an October trip to East Kentucky organized by Commerce Lexington of nearly 70 business leaders from the Bluegrass Region.

Given the fact that millions of dollars from East Kentucky patrons are spent in the Lexington area each and every year, it is refreshing to see the business community speak up for itself and let the people in East Kentucky know that the Lexington Herald-Leader Editorial Board does not set policy for the Lexington business community. The change in policy to a more pro-coal position is just the first step. Now, action must be taken that demonstrates a long-term commitment to keep the business from East Kentucky coming to Lexington and the Bluegrass Region.

A great next step would be for Commerce Lexington to get behind a long overdue improvement and that is to upgrade and improve the Mountain Parkway to a main transportation artery to central Kentucky.

The proverbial saying that people vote with their pocketbooks aptly applies in this case. With competition come options. And, for the people of East Kentucky, improved transportation networks throughout the East Kentucky region give people options. Major business centers in Ashland, Kentucky; Charleston and Huntington, West Virginia; Johnson City, Bristol (Virginia), and Kingsport, Tennessee; and, Knoxville, Tennessee are options for starters that provide a diverse dining, shopping, and entertainment experience. In terms of available healthcare and other business opportunities, these regional business centers provide as much or more than the Bluegrass Region. Geographically, with the improved transportation network, the cities are closer and easier to travel to than Lexington.

Lexington must continue to earn the dollar of the people of East Kentucky through action in support of coal and the cheap electricity it provides industry, including Toyota, in central Kentucky. Without this long-term commitment, Lexington will suffer from the people of East Kentucky voting to do business where their region is appreciated.

A great next step would be for Commerce Lexington to get behind a long overdue improvement and that is to upgrade and improve the Mountain Parkway to a main transportation artery to central Kentucky. The expansion of the Parkway to a four-lane with multiple access points to Hazard, Paintsville, Pikeville, and Prestonsburg--all major centers of population and business in East Kentucky. This expansion would truly connect the Commonwealth and make us whole as a state. Commerce Lexington can be a voice of support for this effort and make the strong case that it will strengthen their business and industry; that it is vital to the long-term well-being of the Bluegrass Region.

And, let us not have the silly notion advanced that we need to put toll-roads on the Parkway. We have paid enough in coal severance tax and sales tax that more than makes up for the nearly 50 years of a lack completed East-West transportation artery to the Bluegrass Region. Some politicians, in an effort to grab headlines, promote this idea of toll-roads, but that's an insult to the people of East Kentucky. Sadly, it comes from some of our own politicians who think of themselves more than long-term solutions.

Now is the time to seize the day and have a solid partnership between the business community in East Kentucky and Central Kentucky. Let's take the next best step: complete the Mountain Parkway. Show your true support for coal and for East Kentucky is more than words.

East Kentucky awaits your answer.

What's under the hood of a natural gas vehicle?

Pike County Energy Company Funded for NGV Research

(PIKEVILLE,KY) Pike County-based CNG Energy, LLC, an alternative energy company, was one of the companies hosted by Governor Steve Beshear on Monday at a luncheon and press conference announcing their selection by the Kentucky Science and Technology Corporation to receive a Kentucky New Energy Venture Fund grant for their natural gas-to-vehicle project.

The $30,000.00 grant will fund a technology and economic feasibility study to aid the company's planned commercialization of its natural gas vehicle business and utilization of natural gas resources throughout Kentucky as an alternative transportation fuel.

In partnership with the University of Kentucky Center for Applied Energy Research, CNG Energy, LLC will conduct a technical review which will evaluate proven technologies and processes; in addition, CNG Energy will work with leading business experts to determine the proper commercialization path for natural gas-to-vehicle conversion and transportation fueling systems, including how to harness underutilized natural gas currently not in production.
Local attorney Jamie Hamilton, a senior partner in CNG Energy, LLC, said he was excited about the prospects for the new energy venture.

"In my opinion, this grant will provide the framework to enable us to implement a solid plan for natural gas vehicles. We need alternatives to petroleum-based transportation fuels and natural gas is the most readily available domestic energy source that can be utilized for transportation fuel."

Natural gas vehicles promoters, such as T. Boone Pickens, say natural gas provides a more reliable, cleaner, cheaper, and cost efficient fuel to traditional transportation fuels.
Roger Ford, a senior partner in CNG Energy, LLC, points to the need for energy independence as a need to look at domestic energy sources for transportation fuels.

"When you look at where we need to focus the effort to reduce dependence on foreign oil, it is in the area of transportation fuels. Our dependence on foreign oil is increasing. When you look at what are the most viable resources, clearly natural gas is one source that is abundant, and environmentally sound. Natural gas has some transmission infrastructure in place to utilize it for transportation fuel supply," Ford said.

CNG Energy, LLC points to the success of its proposal that won the funding. The company met recently with Dr. Rodney Andrews and the staff at U.K. CAER to develop the specific scope of work for the study and is moving forward with the research on the project.

"We plan on building a solid set of deliverables--a plan that shows the best technology-- a plan that will be successful. Natural gas-to-vehicles is not experimental technology; it is being supported by both the public sector and by private industry worldwide. Thanks to support form Governor Beshear, Energy Secretary Len Peters, along with the Kentucky Science Technology Corporation, the Morehead State University Innovation Center, as well as Senators Mitch McConnell and Jim Bunning and Congressman Hal Rogers, Kentucky will be an energy leader. Through strategic partnerships and bi-partisan support, CNG Energy, LLC hopes to play a part in the effort," Ford said.