President Barack Obama says there is no easy answer to the problem of rising energy prices, dismissing Republican plans to address the problem as little more than gimmicks.
“We know there’s no silver bullet that will bring down gas prices or reduce our dependence on foreign oil overnight,” Obama said Saturday in his weekly radio and Internet address. “But what we can do is get our priorities straight and make a sustained, serious effort to tackle this problem.”
Oil prices are approaching last year’s highs as tensions increase over Iran’s nuclear program. The rise pushed gasoline prices Friday to a national average of $3.65 a gallon, the highest ever for this time of year. A spike in gas prices is normal in spring, but it came earlier than usual this year in large part because of world fears that the growing confrontation with Iran will crimp oil supplies. Iran is the world’s third-largest crude supplier.
Read more at Official Wire. By Anne Gearan, AP.
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YES THERE IS A MAGIC BULLET. IT’S CALLED “GET RID OF THE REGULATIONS” and START DRILLING !!!!!!
“Obama: There’s no magic bullet to lower gas prices?” Yes, there is, Obama!! Remove YOU from office now and put a true American patriot, God-fearing person in there and he or she WILL lower gas prices. You just don’t want to lower gas prices, Obama. Get out of the USA you foreign dictator!!! See website: http://www.haasstrep68.com
Yes, there is that “magic bullet” but I won’t comment any further. (It’s Top Secret and only the CIA knows for sure)