Energy

The chairman of First Solar, a company that's been in the recipient of the Department of Energy money, admitted this morning at a House hearing that his company has more jobs overseas than in America:

Now that President Obama's reelection team wants to include coal on the agenda, it's worth remembering that Obama himself warned in 2008 that his policies would bankrupt anyone who started a coal power plant. Here he is in 2008, speaking with the San Francisco Chronicle:

President Obama's reelection team released a campaign ad this morning that features this graphic, touting the supposed "jobs created by President Obama's clean energy initiatives."

"Independent agencies" occupy an odd corner of American government. The Consumer Financial Protection Bureau, National Labor Relations Board, Federal Communications Commission, and others are nominally "independent" of the president's control—usually thanks to limits on the president's power to fire the agencies' leaders—and thus enjoy seemingly unlimited discretion to regulate American industry.

According to an AP story, President Obama, who is feeling the pressure on gasoline prices, has a plan for action which comes down to the usual, instinctive reaction of those in political power who find themselves frustrated by events in the real world.

Reuters reports: 

It is no easy thing to peer through the fog of recent economic data. Confidence that the economic recovery would accelerate ran into a not-so-good job report Friday.

Mitt Romney's latest campaign ad says that President Obama's "attack machine" is "spending millions to sling mud, err oil at" the Republican candidate "because in the five states where Obama is attacking Romney, gas prices have roughly doubled."

President Obama today attacked Republican presidential candidate Mitt Romney for his close ties to oil companies.

It’s been more than three years since Barack Obama was elected on a pledge to “transform” America.

The Massachusetts state Republican party has a new ad highlighting Democratic Senate candidate Elizabeth Warren's opposition to the construction of the Keystone XL pipeline. "Keystone Pipeline Means Thousands More Jobs and Cheaper Gas," the text of the ad reads. "Yet, Warren Opposes It."