As far as I can tell Obama’s entire domestic energy strategy involves investing taxpayer dollars on “green” energy companies that go bankrupt.
Via Beltway Confidential:
President Obama threatened to veto legislation that would expand oil drilling in Alaska and offshore reserves and greenlight the Keystone XL pipeline construction, after he warned this morning that gas prices will continue to rise.
“Because this bill jeopardizes safety, weakens environmental and labor protections, and fails to make the investments needed to strengthen the Nation’s roads, bridges, rail, and transit systems,” the Office of Management and Budget (OMB) said in a statement released this evening, “the President’s senior advisors would recommend that he veto this legislation.” Obama has only vetoed two bills so far in his presidency.