White House spokesman said the president is particularly sensitive to the impact rising gas prices are having on family budgets across the country, but said there’s no silver bullet to solve the problem.
President Obama’s indignant defense this week of his administration’s energy policies has done nothing to deter GOP critics, as gas prices continue to rise amid worries that their continued climb could throw the economic recovery off course.
Alabama Sen. Jeff Sessions, the ranking Republican on the Senate Budget Committee, said in a letter to Mr. Obama Friday that the president was taking a “defeatist view” when it comes to trying to reduce gas prices.
“I reject the defeatist view that says the nation that won two world wars, pioneered space travel, and overcame the Soviet empire is now helpless in the face of high prices at the pump,” Mr. Sessions wrote. “We are not at the mercy of dictators, cartels and events beyond our control.”
In a speech in Miami Thursday, the president blamed the current spike prices on Wall Street speculators reacting to instability in the Middle East, most notably in Iran — not the amount of oil drilled in the U.S.
“There are no quick fixes to this problem,” Mr. Obama said. “You know we can’t just drill our way to lower gas prices.” [You're in over your head, fool!]
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