This guy is an idiot beyond belief.
But they don’t need an additional incentive when gas is $3.75 a gallon, when oil is $1.20 a barrel, $1.25 a barrel. They don’t need additional incentives. They are doing fine.
It sounds as if Obama is claiming that the difference between the price of a gallon of gasoline and the price of a barrel of oil equals profit. What a moron.
Oh, and this is just precious. From The Escape Artists: How Obama's Team Fumbled the Recovery
Energy was a particular obsession of the president-elect’s, and therefore a particular source of frustration. Week after week, [White House economic adviser Christina] Romer would march in with an estimate of the jobs all the investments in clean energy would produce; week after week, Obama would send her back to check the numbers. “I don’t get it,” he’d say. “We make these large-scale investments in infrastructure. What do you mean, there are no jobs?” But the numbers rarely budged.
================
If you think Obama is "smart" you are seriously dumb.