Obama’s Weekly Address: No ‘Quick Fixes’ to Lower Gas Prices

Mar 17, 2012 6:00am

President Obama continued to hammer home his “all-of-the-above” energy strategy today, calling for additional investments in green energy and attacking “career politicians” promising a “quick-fix” to bring down high gas prices.

“If we’re truly going to make sure we’re not at the mercy of spikes in gas prices every year, the answer isn’t just to drill more – because we’re already drilling more,” Obama said in his weekly address.

Instead, the president called for additional investments in green energy to lessen dependence on foreign oil and ease the pain at the pump.

“If we don’t develop other sources of energy, and the technology to use less energy, we’ll continue to be dependent on foreign countries for our energy needs,” he explained.

While the president did not call out his Republican rivals by name, he repeated a thinly veiled stab at GOP candidate Newt Gingrich, who has claimed his energy plan would return gas prices to $2.50 a gallon.

“It’s easy to promise a quick fix when it comes to gas prices. There just isn’t one. Anyone who tells you otherwise – any career politician who promises some three-point plan for two-dollar gas – they’re not looking for a solution. They’re just looking for your vote,” Obama said.

Obama reiterates his call for Congress to end $4 billion in oil and gas subsidies. “Your member of Congress should be fighting for you. Not for big financial firms. Not for big oil companies,” he said.

“I expect Congress to vote on ending these subsidies. And when they do, we’re going to put every single member of Congress on record: They can either stand up for oil companies, or they can stand up for the American people,” Obama concluded.

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