February 1st, 2013
11:40 AM ET
10 years ago
Energy secretary resigning from Obama Cabinet
Washington (CNN) - Energy Secretary Steven Chu will resign from President Barack Obama's Cabinet in coming weeks, he told Energy Department staff in a letter on Friday.
Chu, who turns 65 this month, was a leading advocate in the Obama administration for alternative energy development, making him a target of the fossil fuel industry and its conservative supporters in Congress.
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liberal disease
i guess gas prices are not high enough for him, so he failed!
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Psst. Oil and gas prices are still lower than what they were June 2008 by a long shot. Oil was $147/barrel and a gallon of gas was above or near $5 in most areas of the US.
Rudy NYC
liberal disease
i guess gas prices are not high enough for him, so he failed!
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Psst. Oil and gas prices are still lower than what they were June 2008 by a long shot. Oil was $147/barrel and a gallon of gas was above or near $5 in most areas of the US.
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And gas prices are much higher now then they were when Obama became president. Heck, I remember $1.68 a gallon right before this guy became president.. Haven't seen that price since Obama moved into the White House.
K from AZ- If you don't know what certain words mean please look it up before you post. Fascism is an authoritarian and nationalistic right-wing system of government and social organization.
Finally! One by one, the failures are leaving in disgrace – hopefully not to be replaced by bigger failures!
He could have run things better, but he was trying to get this country to more clean energy which needs to happen soon.
Mikey
@Moose – Your comment would be worthwhile if it were not completely false. Out of the 30+ companies that received support, only a handful went sour. It's a batting average for investing in fledling companies that most investment bankers would be envious of – but why let reality interfere with your politically driven fantasy world.
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but isn't this corporate welfare? I thought all you lefties were against corporate welfare? or does only apply to companies and segments of our economy that you don't approve of?
Thank God! For someone who won the nobel peace prize, he is a real idiot. Hey they gave that same prize to Al (jeezera) Gore and President Obama. Well that confirms it.
Another one bites the dust.
Sarah
Rudy NYC
liberal disease
i guess gas prices are not high enough for him, so he failed!
--––
Psst. Oil and gas prices are still lower than what they were June 2008 by a long shot. Oil was $147/barrel and a gallon of gas was above or near $5 in most areas of the US.
***************************************************************************************
And gas prices are much higher now then they were when Obama became president. Heck, I remember $1.68 a gallon right before this guy became president.. Haven't seen that price since Obama moved into the White House.
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Cut your losses, Sarah. There's no arguing with him. If you point out his errors, he just lays on a thicker layer of BS. He's still trting to convince people that the money given to Solyndra was a "grant" as opposed to a loan guarantee, that Martha Coakley was the interim senator appointed to replace Ted Kennedy, and that "Ann" Warren is the new senator from MA.
That might be great news........if we don't go from BAD to WORSE!
Sarah wrote:
And gas prices are much higher now then they were when Obama became president. Heck, I remember $1.68 a gallon right before this guy became president.. Haven't seen that price since Obama moved into the White House.
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It's called basic supply and demand, Sarah. We had a global financial collapse. Remember? Demand dropped off dramatically, almost overnight. Unfortunately for many investors in oil futures, they were commited to purchase barrels and barrels of oil 90 and 180 days in the future.
This meant demand dropped way down, while supply remained constant and the price dropped dramatically. The fact that prices are increasing are actually signs of economic recovery as global demand returns to previous levels.
Just a few years too late
Fair is Fair wrote:
"And gas prices are much higher now then they were when Obama became president. Heck, I remember $1.68 a gallon right before this guy became president.. Haven't seen that price since Obama moved into the White House."
Cut your losses, Sarah. There's no arguing with him. If you point out his errors, he just lays on a thicker layer of BS. He's still trting to convince people that the money given to Solyndra was a "grant" as opposed to a loan guarantee, that Martha Coakley was the interim senator appointed to replace Ted Kennedy, and that "Ann" Warren is the new senator from MA.
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I remember when gas prices were over $5 in most areas of the country before Obama took office.
Are you all telling us the Bush administration engineered the whole Wall Street and global financial collapse thingy just so that we can have cheaper gas prices at the pump?
As a life-long republican with 30 years experience in the energy industry, thanks to Sec. Chu. He has perhaps the best energy credentials of anyone in this office in my memory, brought a great and I believe mostly non-partisan vision to the job, and energized the department to think deeper and work harder. I do not expect to agree with the decisions any administrator all of the time, but I feel Chu was solving problems and not using his position for partisan or fringe traction. We will be hard pressed to find someone as talented or as qualified to replace him.
Energy Secretary Steven Chu will resign from President Barack Obama's Cabinet in coming weeks, he told Energy Department staff in a letter on Friday.
I guess he got tired of lying for Obama. Im sure we will see alot more of this down the road....for example...Hillary the liar Clinton...
-Rick McDaniel
That might be great news........if we don't go from BAD to WORSE!
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Like Glenn Beck staging a coup, and creating his Ayn Rand-style paradise, complete with commorative mugs of himself for a modest donation of $100? Take your meds, Ricki.