In an improving economy, Republicans greeted the bad news that gas prices are rising with unmitigated glee. The were quick to attack Obama and promise deliver $2.00/gallon gas. Their solution is the Keystone XL Pipeline, plus a retreat to the policy of Sarah Palin, aka Drill Baby Barbie. I trust you can guess want it is.
President Barack Obama said rising gasoline prices are a "painful reminder" of why the U.S. must develop alternative energy sources, and he criticized Republicans who he said were offering slogans rather than strategy.
Obama, in Miami promoting his administration’s energy and economic policies as the Republican presidential candidates have ramped up attacks on him over prices at the pump, said the U.S. must go beyond focusing on domestic gas and oil exploration.
Without naming any of his Republican critics, Obama mocked "their three-point plans for $2 gas," which amounts to more drilling for oil on U.S. territory.
"Anyone who tells you we can drill our way out of this problem doesn’t know what they’re talking about — or isn’t telling you the truth," Obama said at the University of Miami after touring an industrial machine lab at the school.
The rising cost of gasoline threatens to crimp consumer spending, which accounts for 70 percent of the U.S. economy, at a time the recovery is gaining strength. Economic concerns loom as the top issue in the November election… [emphasis added]
Inserted from <San Francisco Chronicle>
World oil prices are driven by many factors, most of which are beyond Presidential control. In this case, the instability in the Persian Gulf over Iran is driving prices up. As for the rest of the Republican lies, Ed Schultz interviewed Martin Bashir and Richard Wolfe to prove them false.
The truth is clear here. The more we move away from fossil fuels and toward green energy sources, plus the more we reduce our energy consumption, through assorted conservation methods, the more stable energy prices will become.