Wednesday 21 March 2012

Chu: I give myself another A on gas prices (Change)

posted at 12:45 pm on March 20, 2012 by Ed Morrissey

That report card from the Department of Energy is starting to look pretty darned good, eh?  Three weeks ago, Energy Secretary Steven Chu gave himself an A-minus for his stewardship of taxpayer money, and shortly afterward, the GAO gave the DoE an 85% fail rate in handling the Loan Guarantee Program.  Chu came back to Capitol Hill today to discuss energy policy and stood by his self-assigned A-minus, and gave himself an even better grade on controlling gas prices:


Energy Secretary Steven Chu told a House panel Tuesday that he’d give himself top marks when asked to grade his policies’ effects on energy prices. Rep. Darrell Issa, the chairman of the House committee on Oversight and Government Reform, asked President Obama’s top energy official if he’d grade himself with an “A minus” on “controlling the cost of gasoline at the pump.”
Chu responded by saying he’d give himself a better grade than that.
“The tools we have at our disposal are limited, but I would I say I would give myself a little higher in that since I became Secretary of Energy, I’ve been doing everything I can to get long-term solutions,” Chu said.
Talk about grade inflation.  ABC News reported last night that gas prices have hit an all-time high for the month of March, although ABC claims that it may have peaked:
Read more here http://hotair.com/archives/2012/03/20/chu-i-give-myself-another-a-on-gas-prices/

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