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Summers: We Can't Have 'Strategy of Total
Hostility to Fossil Fuels' That We've
Had, Canceling Keystone, Slowing Permits
Were Mistakes

Original Article

Posted By: Dreadnought, 10/9/2022 12:58:31 AM

During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers reacted to OPEC+’s production cut by stating that “we made a mistake by canceling the Keystone pipeline. We made a mistake by slowing down all kinds of permitting activity. We made a mistake by being hostile as a country to natural gas.” And arguing that “we need a different kind of energy strategy than the one that we’ve had. We need a strategy that is balanced, rather than an unbalanced

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Reply 1 - Posted by: singermom9 10/9/2022 1:08:15 AM (No. 1299390)
Ya THINK? Real vision these dems have (S/O)
25 people like this.

Reply 2 - Posted by: pensom2 10/9/2022 2:05:13 AM (No. 1299397)
Rear-view mirror vision. Thanks, Larry.
18 people like this.

Reply 3 - Posted by: kono 10/9/2022 2:23:38 AM (No. 1299399)
But an unbalanced energy policy is what the Left want, along with unreliable markets, insufficient supplies, and skyrocketing prices. They're getting just what they want, and need to be put out of power.
21 people like this.

Reply 4 - Posted by: FJB 2022 23 24 10/9/2022 3:18:42 AM (No. 1299405)
Well it's something that an Obama assoc. admits what the whitehouse idiot did was a huge mistake. I doubt you will hear Obama admit it also but I also doubt he will continue to attach his wagon to Biden. It's only a matter of time before dumbo also abandons the moron.
9 people like this.

Reply 5 - Posted by: mifla 10/9/2022 3:35:59 AM (No. 1299408)
"We? Where do you get this we stuff?"
15 people like this.

Reply 6 - Posted by: Rama41 10/9/2022 4:23:04 AM (No. 1299418)
He's right, of course, if you put aside the Royal "WE". I didn't have anything to do with it. On the other hand, this isn't the 1st time Larry Summers has been a fly in the Democrat appointment.
6 people like this.

Reply 7 - Posted by: Rama41 10/9/2022 4:37:37 AM (No. 1299426)
#6. Ointment not appointment.
6 people like this.

Reply 8 - Posted by: 5 handicap 10/9/2022 5:38:13 AM (No. 1299430)
Who woke up the lease bucket Summers? He's been nothing but garbage his entire career, that would include his tenure as President of Harvard, when the school took a real lurch left toward the communist pit of vipers it is today.
8 people like this.

Reply 9 - Posted by: 5 handicap 10/9/2022 5:40:36 AM (No. 1299432)
---above post: that would be "sleaze bucket"...dontcha love auto correct?
7 people like this.

Reply 10 - Posted by: F15 Gork 10/9/2022 7:34:38 AM (No. 1299461)
We’re sitting on 500 years worth of gas, coal and oil and we are trying to transition to sunshine, wind and unicorn urine. This is madness.
21 people like this.

Reply 11 - Posted by: marbles 10/9/2022 8:04:01 AM (No. 1299481)
# 10 You're correct. The thing with greenie energy is that it involves payoffs, kickbacks and complete control over people. Gas, oil and coal = freedom and cheap abundant energy, the left does not approve.
19 people like this.

Reply 12 - Posted by: DVC 10/9/2022 8:11:53 AM (No. 1299488)
This was obvious five or ten years ago, but these fools are on a destruction rampage.
12 people like this.

Reply 13 - Posted by: bpl40 10/9/2022 9:05:58 AM (No. 1299573)
'Mistakes' happen inadvertently. This was quite deliberate.
6 people like this.

Reply 14 - Posted by: Strike3 10/9/2022 9:13:37 AM (No. 1299586)
What's this "WE" stuff, white man. Everyone with functioning synapses knew that Joe and his Green Morons were making a huge mistake. "WE" had nothing to say about it because they stole the election from one of the few sane men in Washington. MAGA and FJB
8 people like this.

Reply 15 - Posted by: zephyrgirl 10/9/2022 9:31:20 AM (No. 1299608)
Read the last paragraph - he's still in thrall to renewables. FTA: "We crucially need regulatory relief or we’re not going to get renewables online fast, and we’re not going to get the transmission lines that are necessary for renewables to become a large part of our energy fast." You can't fix stupid.
3 people like this.

Reply 16 - Posted by: LC Chihuahua 10/9/2022 10:28:30 AM (No. 1299673)
Shame on you Larry! You are supposed to save the planet!
3 people like this.

Reply 17 - Posted by: DW626 10/9/2022 12:12:02 PM (No. 1299812)
An over educated commie has a firm grasp of economic reality?
2 people like this.

Reply 18 - Posted by: curious1 10/9/2022 12:35:27 PM (No. 1299823)
Larry, Larry, Larry, as one of the three stooges, you should know EVERYTHING the democraps (aka commies) do is a mistake. Real history is clear about this. Only low IQ, gullible, morons vote for them.
2 people like this.

Reply 19 - Posted by: jeffkinnh 10/9/2022 1:02:35 PM (No. 1299847)
Dem policy is ALL based on government involvement, control, monetary kickbacks or reasons to demand more taxes, and virtue signaling. Providing essential abundant and cheap energy for Americans is not on dem radar.
2 people like this.

Reply 20 - Posted by: Starboard_side 10/9/2022 1:08:10 PM (No. 1299850)
In other words, you need the Republican strategy, which has espoused a balanced and "all of the above" approach to energy sources.
2 people like this.

Reply 21 - Posted by: Sully 10/9/2022 3:41:05 PM (No. 1299960)
Well it was biteme's stated plan in the election campaign. He ran on this. Where was Summers warning us of this before the 2020? The only one warning us was Trump. Where was Summers to back him up?
2 people like this.

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