“Somehow, we have to figure out how to boost the price of gasoline to the levels in Europe.”
— Steven Chu, President Obama’s Secretary or Energy in 2008
via POLITICO.
Gas prices are exactly where Obama wants them.
Billions invested in bogus and failing technologies. It’s easy to beat up on oil companies, however they average high tax rates and lower margins than many other businesses.
He ran as the anti-oil president and he is the anti-oil president. Now it’s time to reap what you sow. Obama owns the gas price issue.
bullshit. see WP Fact checker here: http://goo.gl/6B7jJ or my blog here: http://goo.gl/4lgWr
The government has little to no control over gas prices (and the republicans would be screaming bloody murder if they did)
We are seeing record breaking US oil production, and gas exports under Obama- with refineries operating at capacity. We can not produce our way out of this- especially with fuel prices set on the international market. The ONY way out is to reduce demand and increase efficiency.