in regard to his -- energy secretary, mr. chu who also is implementing the policies of the president, in 2008 with an interview with the "wall street journal" he said, "somehow we have to figure out how to boost the price of gasoline to the levels of europe." and as you know, they pay $9 a gallon, implementing the policies of the president in 2012, february 29th, he was questioned where he asked if it was his overall goal to get our prices of gasoline lower to which mr. chu responded, no, the overall goal is to decrease our dependency on oil to build and strengthen our economy. also, doesn't sound like rhetoric of someone in energy that wants to lower the cost of energy. and then quickly to give a quote from you on march 4th, 2009, in a budget hearing, you said to mr. grassley, the cap and trade would increase the cost of energy for those types of energies that are particularly carbon intensive. it doesn't increase the cost of energy -- i'm sorry, it does increase the cost of energy, and that's necessary if you're going to change

now mr. chu has come back out and said, yeah? raise gas prices who? me?had those moments, too. in my practice of law. listen, secretary chu was a guy in the theory business before he became secretary of energy. he was a guy into trying to find new ways to wean us off energy and he was theorizing that if gas was so expensive people wouldn't want to buy gas which is true. but it's not his job to hope gas prices go up until we have a reasonable alternative which we do not have. that said we have to find and we have to find it soon because we can't be dough pendant on the middle east and the radicals there to provide us with energy. we don't have enough here at home. there is a difference in the type of soil we drill here and the light sweet crude that makes gasoline that they make over there. megyn: the image of our energy secretary going up and up and doing this. they had to dial his back, did they not? >> they can get away with all the flip-flops they want. the president said his goal was to close down guantanamo bay. we were talking about the $750,000 ast

he asked mr. chu to grade himself on the way he, chu, has handled gas prices. >> in controlling the cost of gasoline at the pump do you give yourself an a-minimum us? >> the tools we have at our disposal are limited, but i would 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. megyn: and it did not stop there. next hour the angry exchange over electric vehicles, and the reaction to secretary chu's report card remarks. another fox news alert now on major new research coming to light. a new survey of hundreds of american businesses finds employer confidence in providing healthcare coverage for workers is at its lowest point ever. that comes five days before the supreme court takes up the president's healthcare law. shannon bream live from washington on how the supreme court hearing is shaping up, shannon. >> reporter: well, megyn, despite those numbers you mentioned from business owners people who actually su

you will reiterate my point that mr. chu said this well over a decade ago. he is taking it back.? take him to the wood shed. >> kimberly: 2008. >> eric: -- >> bob: a long time ago. somebody on the white house said you will backtrack. i don't blame them for doing that. i listen to republicans and the guys mooning about the price of gas. george bush administration in june was $4.11 a gallon and i didn't hear a single republican moan about it. >> eric: so under george bush gas prices increased and so did oil prices but then he started to drill offshore it dropped to $133 a barrel to $33. i swear to you this will bring the gasoline down $1 a gallon. wait a minute. this will bring the gasoline down. if energy secretary chu or president obama opened this envelope, president obama will win re-election. will he call? i doubt it. here it is. want it? open the envelope. >> greg: here is the deal. chu illustrates what happens when the faculty lounge collides with the real world. all bad ideas are good on the campus. but then then starbucks socialism leaves the class room and hits the highwa

became secretary of energy i have been doing everything i can to get long-term solutions. >> bill: but mr. chu has failed to get any long-term solutions at all. why does he think he he deserves an a? when you fail, you get an f. at least that's the way it was when i was teaching high school. so, anger is rising. >> the anger that my constituents have of the cost at the pumps is very real. and if the president doesn't get, this if the secretary of energy doesn't get, this we have got a real problem here. we double the budget of the department of energy. >> time has expired. >> in 2009. yet we are paying twice as much at the pumps, this is absolutely ridiculous. >> bill: it is ridiculous the feds should be passing laws that constrain oil speculation and should be promoting as much energy competition as possible. that would drive down prices. finally, bad news for the drill baby drill crowd. an associated press report says over 36 years increased oil production in the aws has not, not driven gas prices down. in fact, the more drilling that's done the higher gas prices go. that's the memo. now for

became secretary of energy i have been doing everything i can to get long-term solutions. >> bill: but mr. chu has failed to get any long-term solutions at all. why does he think he he deserves an a? when you fail, you get an f. at least that's the way it was when i was teaching high school. so, anger is rising. >> the anger that my constituents have of the cost at the pumps is very real. and if the president doesn't get, this if the secretary of energy doesn't get, this we have got a real problem here. we double the budget of the department of energy. >> time has expired. >> in 2009. yet we are paying twice as much at the pumps, this is absolutely ridiculous. >> bill: it is ridiculous the feds should be passing laws that constrain oil speculation and should be promoting as much energy competition as possible. that would drive down prices. finally, bad news for the drill baby drill crowd. an associated press report says over 36 years increased oil production in the aws has not, not driven gas prices down. in fact, the more drilling that's done the higher gas prices go. that's the memo. now for

mr. bob chu continues seeing clients at his residence when he has been told by the planning department multiple times that he cannot see clients at his house. he is a tax accountant and various people come and go to this house seven days a week, often parking in my driveway. he denies seeing clients there, but after confronting one client after he parked in my driveway blocking access, i was pushed and had my life threatened. a police report was made. a person with known pryor's admitted in the report that he was at the house for business purposes. it is now 2012 and he continues to see clients as if ignorant of any wrong. a supervisor of district 1, i asked you -- i asked you contract -- that you contact him with a simple phone call because this is a residential block and his business is a nuisance. with interest in increasing public safety, it seems that the ongoing traffic to and from this presence should be on a radar screen. [tone] president chiu: which is thank you. next speaker. >> hello. i'm part of a food tracked and having -- i am greatly opposing 1678 because it is unfair and tends u

chair chu: thank you, mr. rose. why do we not open this up for members of the, you wish to speak on this item number one? >> good afternoon, supervisors. my name is douglas, and i have lived in san francisco for 60 years. i thought this was a very interesting resolution, and the thought that occurred to me is that maybe since it is located on mission street, in a heavily divorce neighborhood, maybe the city might get even more use of that space by using it for public service announcements that would benefit the different groups living in that area. it could be used to advertise different programs the city is trying to help people with and can also be used for sfpd, or whenever they would need the space for, and i think it would enable a lot of nonprofit organizations to put up information there without going in paying for such space, so maybe if this space is not that a lucrative, since the top bidder did not really want it again, then maybe it might be more useful and more beneficial to the different communities al

in regards to his energy secretary, mr. chu who is implementing the policies of the president in 2000 -- 2008 with an interview in "the wall street journal" he said, "somehow we have to figure out how to boost the price of gasoline to the levels of europe. .. >> increases the energy for those types of energies that are particularly carbon intensive. doesn't increase the cost of energy -- or it does increase the cost of energy. we have you, mr. geithner, we have the energy secretary, mr. chu, and the president all making comments that would lead the american people to believe that you're not supporting lower energy cost, but policies that increase the cost of energy. >> i think the question you asked at the beginning, and i'll repeat it again is that the policies the president is promoting are helping to facilitate a huge expansion in oil and gas exploration in the united states -- >> let's talk about that quickly -- >> our ability to use other sources of energy over time. >> let's talk about the change of oil production in the

mr. waxman. that concludes the opening statement. as i said earlier we only have one with us today, and that's the honorable steven chu, secretary of energy. so mr. secretary, you're recognized for five minutes for an opening statement. >> thank you. chairman whitfield, ranking member rush, chairman upton, ranking member waxman, members of the committee. thank you for the opportunity to discuss the department of energy's fy '13 budget request. to promote economic growth and security, president obama called for an all of the above strategy that developed every source of american energy. the american -- the president wants to fuel our economy with domestic energy resources will increase our ability to compete in the clean energy race. the departments fy '13 budget request of 27.2 billion guided by the president -- >> excuse me for interrupting. mr. bush said he could not hear you. is your microphone on? >> i'm wondering actually, i'm have difficulty hearing you as well. if the person in charge of the audio and visual can crank it up a bit. [inaudible] >> that seems to be better. >> thank you. >> to promote economic growth and strengthen sec

supervisor chu: thank you. mr. rose? >> madam chair, members of the committee, this proposed first amendment would reduce the minimum annual guaranteed payable by pacific gateway to the airport from 220,000 based on the reduction of 3183, at the request of the gsa. that space is needed for security areas. we also point out on page 4 of our report, the minimum annual guaranteed, the cpi adjustment issue, our recommendation as has been stated is to adjust that minimum annual guaranteed to be urban consumers a san francisco in california indexed, if the option is to extend the exercise the resolution for the proposed first amendment action through october 1, 2011, incurring the resolution as amended. supervisor chu: let's open this up for public comment. seeing no one, public comment is closed. is there a motion to amend the resolution? supervisor avalos: i can make a motion to amend for retroactivity. i'd also like the motion to move the full item forward with recommendations. >> we have a recommendation to the item forwar

thank you, mr. chu for joining us today. shortly before you begin the energy secretary you were quoted as saying, "somehow we have to figure out how to boost the price of gasoline to the levels in europe. the price of gasoline as i understand was about $8 a gallon which is a lot of money. last week in your testimony come over in the house of representatives, it is my understanding that you indicated the high gas prices are spurring research on the alternative energy. i understand the point at least so far as it's made to the exclusion of another more compelling point which is provides more capital that can be invested in the research and development purposes and research and development money is definitely needed to help the alternative energy. as a legal duty that perspective into account. i don't think that the high gasoline prices held anyone. i don't think they do anything other than hurt the american people. look, i don't know how much driving you personally do. as yourself, and so you may not be personally feeling the

chair chu: thank you, mr. rose. think in light of this news that we do not have a funding source for 2 million, i think both the supervisor avalos and i find it that the cleanest way for us to deal with this is to reduce it by the $2 million, but the only reason why we may actually pass a $27 million with perhaps a reserve on the $2 million is it there is an eminent source of funding and we expect to becoming relatively shortly and also in terms of the timeline, if there is a particular timeline that we are trying to meet. can you explain to us why we may want to do this with a supplemental? >> yes. there is an imminent source, and we are working with the office of public finance on it. we do have a timing of cash needs throughout this project to deliver it in march of 2013. the office of public finance is looking potentially at commercial paper for us to meet our cash flow need in june, and with this $2 million coming out, i believe we would have a deficit in may, so we would be needing commercial paper in may with

we visited panel which is secretary chu, and i would suggest we thank mr. allison for his testimony to go to the second panel unless there is any reason not to. thank you free much. we appreciate your being here and your testimony today. why don't we see if we could ask secretary chu to come in so we can hear his perspective and ask him some questions. [inaudible conversations] >> mr. secretary, thank you for being here. welcome back to the committee. as you know, we just received testimony from mr. allison about his report reviewing the department of loan guarantee portfolio, and we would be anxious to hear any thoughts you have on the same subject and then i'm sure senators will have questions, so go ahead. there we go. thank you, chairman bingaman and schakowsky and members of the committee. thank you for the opportunity to discuss the department of energy efforts to strengthen the loan programs and to grow americas clean energy economy. as part of our commitment to responsible steward dollars the department has cooperated with the congress request to di

supervisor chu: thank you, mr. rose. a question to mr. williamson. in terms of what you mentioned in your presentation, when the ball park was being built, part of the financing depended on using parking revenue as collateral, essentially, for that. i suppose i am wondering if that has changed, or if it has been considered in this context of the contract? >> i understand that the loan used to build the ballpark expires in 2017. we recognize that low. the parking is collateral for that loan and it remains. a little more detail, the loan is tied to the personal licenses as mentioned. there is parking revenue that flows through those licenses. the lender has a claim to that revenue stream, if need be. supervisor chu: in terms of a five-year interim least, that makes sense to me, in terms of someone receiving the long-term future of that lot. that makes sense to me. can you address more clearly the comment that was made about the timing? it sounds like we knew that it was expiring in 2009. it sounds like we did not start charging a different rental rate

well, mr. chu, it looks like we're headed that direction. and if we continue to follow this administration's energy policies, we may get there. as a member of the senate's energy and natural resources committee, i was somewhat surprised as a suggestion was made just a few days ago that there are some who believe that there's no relationship between u.s. production of petroleum and the price of gasoline in the united states. that simply is not true, and it cannot be true. with oil being the input ingredient into gasoline, it is the precursor for gasoline, any time you do anything that cuts off or restricts or limits the supply, that's necessarily going to have an impact on the price. and it does. the fact that it's indisputable that there are other factors that also influence the price of gasoline makes it no less true that we do have to produce petroleum here at home in addition to buying it from other places in order to keep gasoline prices at reasonable levels. we've got to produce more. there are some things that we can do in order to hel

supervisor chu: thank you, mr. rose. supervisor avalos. supervisor avalos: yes, oewd, talk about retention. that would be great. >> with regard to retention, that is part of what we are pledging that we will do as part of an annual analysis. what we are required to do and what we have been doing to date in order to verify that the jobs created are low or moderate income individuals is asked the businesses to provide a forum to their employees which asked them what their income as. that form and then it needs to be returned to the employer and returned to us, and we need to be accountable to hud, as well as to you, about the claims being made about low-income jobs being created. it is a challenge to get that information which the employees are not required to provide. we have to provide best efforts to get that information. common sense says that any small businesses that are often providing relatively low-wage jobs, that these people taking the jobs are probably low to moderate-income individuals. however, we have some of the seventh five

remember, we have heard the secretary of energy, mr. chusay in the past that he would like prices here in the united states to be up like where they are in europe. and as recently as last week when asked by a member of congress, sir, you want gas prices to go down, don't you? and he said no. that's not really our intent. what we'd like to do is get people to use less gas. >> yeah. but as you continue to drive past the pump, how does that make you feel? when it's over $4 as it is in any place across the east coast and west coast. congressman duncan was criticizing the president at the same time that the press conference was going on yesterday about gas prices. listen to this. >> on inauguration day of president obama, triple a says the gasoline prices in america averaged $1.84 a gallon. today, gasoline prices are averaging across this great land $3.73 a gallon. that's 102% increase during the obama administration. >> and it's hard to get re-elected to a big job like president if gas is, you know, they say very shortly, could be $5 a gallon.

mr. chu gave himself an a minus which is interesting because when the president was asked to give himself a grade, he said i give myself a solid b plus. >> this is the same secretary of energy who in the past has been on the record as saying he would like to see gas prices go higher. why? because it fits into the agenda of continuing to look for alternative fuel sources. in the meantime, the president now going with newt gingrich. remember newt gingrich has this $2.50 gas plan and the president said that's phony politics. don't listen to any phony politics as we move towards november. here's the president. >> the next time you hear some politician trotting out some three point plan for $2 gas, you let them know we know better. tell them we're tired of hearing phony election year promises that never come about, what we need is a serious, sustained, all of the above strategy for american-made energy, american-made efficiency, american innovation, american fuel efficient trucks. american fuel ef