Obama sees no magic bullet to push down gas prices

reuters ^ | 4/23/2011 | Reuters

[tobyhill]

President Barack Obama told Americans on Saturday there is no "magic bullet" to bring down high gasoline prices and said he wants to end what he called $4 billion in taxpayer subsidies to oil and gas companies.

Obama is feeling the heat from gasoline prices that are about $4 a gallon and may surge higher. A New York Times-CBS News poll found that 70 percent of Americans believe the country is on the wrong track and analysts believe gas prices are a main reason.

The president devoted his weekly radio and Internet address to outlining his views on the U.S. energy predicament, saying clean energy is ultimately the way forward for a country long addicted to gas-guzzling vehicles.

"Now, whenever gas prices shoot up, like clockwork, you see politicians racing to the cameras, waving three-point plans for $2 gas. You see people trying to grab headlines or score a few points. The truth is, there's no silver bullet that can bring down gas prices right away," he said.

[tobyhill]

Bush took the "magic bullet" with him.

[Bernard]

Reduce gas prices? Get rid of Obama and get an adult in the White House who is more concerned about America than his re-election. The next time Guilty White Liberals feel the need to get an enema in order to pay for their sins, I hope they get an actual enema instead of electing one.

[jimbo123]

Send the idiot muslim back to Kenya. He’s clueless.

[cicero2k]

You mean bullet trains and windmills won’t work? Try converting our fleet to natural gas. Try opening up federal lands to more uses.

[tobyhill]

There’s only one magic bullet that will lower prices for years to come, DRILL HERE, DRILL NOW!

[scooby321]

He said there was in 2008 in Indy.

http://www.bing.com/videos/watch/video/barack-obama-on-gas-prices-in-indianapolis/3901ed42dbed12673b253901ed42dbed12673b25-464323413498?q=obama+in+indy+on+gas+prices+u+tube&FORM=VIRE4

[Venturer]

and said he wants to end what he called $4 billion in taxpayer subsidies to oil and gas companies.
..........................................................

Well: That should make it go up from $4.00 to $5.00 real quick.

That’s what Obama said he wanted $5.00 a gallon.

Obama isn’t looking for a magic bullet he is getting just what he wants.

Why doesn’t anyone listen to this guy. He has said from the beginning he wanted gas prices to rise.

He wants coal out of business and high gas prices. he has said it over and over. LISTEN.

[FrankR]

They say you never hear the one that gets you...and a lot of people didn't "hear" all the threats obama made on the campaign trail, and plenty since that time. He told us what he was out to do, and the IOA (idiots of America) elected him anyway.

[sport]

Oh, they heard them alright. That is why they voted for him.

[tobyhill]

but only Bush knew where to get that “magic bullet” and how to fire it. /sarc

[bert]

Issue all the pending drill permits Monday, open Anwar field Tuesday and watch the gas price fall precipitously on Thursday

[BobP]

You mean bullet trains and windmills won’t work? Try converting our fleet to natural gas. Try opening up federal lands to more uses.

--------------------------

He believes economic collapse will make people long for the strong hand of big government. We can all live in grass huts and learn Mau Mau folk songs.

Joe Isuzu Obama

Obama: ''My plan to balance the budget is this: more smoke, more mirrors, more QE, more
spending and more taxes on all productive people. I do think at a certain point
you've made enough money. All aboard the bullet train to bankruptcy.''

------------------------------

Hope and Change.... Tragic.

Countdown until Obama leaves Office: 637 days as of April 23, 2011.

[Ghost of Philip Marlowe]

I am sure Obammie the Commie’s handlers are keeping him in the dark regarding the almost PERFECT MIRROR IMAGE of the inverse movement in the price of gas and the value of the dollar.

Gas going up is a near-perfect match to the dollar going down. And it has been this way for the past 20 years.

So Obammie the Commie destroys the dollar with his socialist monetary policies. As the dollar crashes, oil goes up. So of course, like all good communists/socialists, he blames capitalism and the free-market system by proposing an investigation into price-gouging and into oil speculators.

Yep. Blame the bookie who placed the bet for the final score.

[ctdonath2]

Werewolves are not interested in supplying hunters with silver bullets.

[Tax-chick]

Obama is happy with the gas prices. He wouldn’t lower them if he could. Such an incredibly evil man.

[econjack]

Finally! Somebody with dumber economic policies than Jimmy Carter.

[flowerplough]

Yep. Onliest “magic bullets” this particular “magic negro” has are for making energy prices go up.

[Kenny500c]

Eliminate the federal gas tax, for starters.

[FreedBird]

Obama doesn’t care if gas prices are higher. These gas prices are worse than another tax to support his Socialism.
All prices will go up for food and goods too. It cost us more to go to work. We need someone in the White House who is ahead of things and does something, not someone who blames everyone else but the man in the mirror.

[tobyhill]

Just install a windmill on your car and it will solve all your gas problems.