News / USA

Obama Promotes Plan to Fight Rising Fuel Prices

President Barack Obama walks to board Air Force One en route to Miami, at Andrews Air Force Base, Maryland, February 23, 2012.
President Barack Obama walks to board Air Force One en route to Miami, at Andrews Air Force Base, Maryland, February 23, 2012.
Kent Klein

As Americans worry about rising gasoline prices, President Barack Obama is defending his energy policy. The president went on the road Thursday to answer Republican election-year criticism that he is not doing enough to solve the problem.

Higher prices at the gasoline pump are making Americans nervous, and White House officials are concerned about the possible effects fuel prices might have on President Obama’s reelection campaign.

The president visited the University of Miami in Florida on Thursday to discuss the problem and his administration’s long-term plan to reduce U.S. dependence on foreign oil.

Obama told students that the price increases are mostly a result of events in other parts of the world.

“Oil is bought and sold in a world market.  And just like last year, the single biggest thing that is causing the price of oil to spike right now is instability in the Middle East, this time around Iran,” Obama said.

Jeff Mower, editor-in-chief of the New York-based Pratts Oilgram Price Report, agrees that the rise in U.S. gasoline prices is due largely to factors beyond America’s shores.

“Tensions surrounding Iran right now, problems over in Sudan, which is shutting crude production - all of this has helped to drive up the price of Brent crude and also gasoline prices,” Mower said.

Mower also says that lower profit margins have led oil companies to close some refineries outside of the United States, which is also driving up prices.

Opposition Republicans say that Obama is not doing enough to encourage domestic oil production.  At Wednesday’s Republican contender presidential debate, Newt Gingrich said increased drilling would lead to dramatically lower gasoline prices.

“If we would open up federal land and open up offshore, you would have $16-18 trillion - not billion-trillion - in royalties to the federal government in the next generation - an enormous flow, which would drive down prices to $2.50 a gallon, would help [U.S. federal] balance the budget and would create millions of jobs,”  Gingrich said.

Republicans have also criticized the president for postponing a decision on approving the Keystone Pipeline project, which would carry oil from Canada to U.S. refineries.

In Miami on Thursday, Obama ridiculed Republican criticism.  He said his administration has approved an unprecedented amount of domestic oil and gas production.  But, he said, more drilling alone would not solve the problem.

“It means that anybody who tells you that we can drill our way out of this problem does not know what they are talking about or just is not telling you the truth,” Obama said

The president again called for support for his comprehensive strategy to reduce America’s dependence on foreign oil.

“If we are going to avoid being at the mercy of these world events, we have got to have a sustained, all-of-the-above strategy that develops every available source of American energy.  Yes, oil and gas - but also wind and solar and nuclear and biofuels and more," he said.

Gasoline prices in the United States have reached an average of more than 92 cents per liter.  More than half of the Americans surveyed in a new public opinion poll say that price could exceed $1.32 this year.

Analysts say Florida, the nation's fourth-most populous state, will be a key battle ground in November's presidential election.  After his speech in Miami, Mr. Obama held several campaign fundraising events in Florida.

You May Like

Photogallery Early Nigeria Results Show Buhari Leading; Tampering Concerns Mount

One local group monitoring polls is concerned politicians might use security agencies to 'fiddle with the election collation process' at state level More

UN: 7,300 Civilians Killed in Boko Haram Insurgency

A senior UN humanitarian official tells the United Nations Security Council 1,000 people have been killed this year More

Turkish President Warns Iran About Trying to Dominate Middle East

Warning comes amid growing concerns inside Turkey that it will be sucked into a sectarian conflict with its neighbor More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Film Tells Story of Musicians in Mali Threatened by Jihadistsi
X
Greg Flakus
March 30, 2015 6:48 PM
At this year's annual South by Southwest film and music festival in Austin, Texas, some musicians from Mali were on hand to promote a film about how their lives were upturned by jihadists who destroyed ancient treasures in the city of Timbuktu and prohibited anyone from playing music under threat of death. As VOA’s Greg Flakus reports from Austin, some are afraid to return to their hometowns even though the jihadists are no longer in control there.
Video

Video Film Tells Story of Musicians in Mali Threatened by Jihadists

At this year's annual South by Southwest film and music festival in Austin, Texas, some musicians from Mali were on hand to promote a film about how their lives were upturned by jihadists who destroyed ancient treasures in the city of Timbuktu and prohibited anyone from playing music under threat of death. As VOA’s Greg Flakus reports from Austin, some are afraid to return to their hometowns even though the jihadists are no longer in control there.
Video

Video With Coalition Airstrikes, Iraq Entering 'Last Page' of IS Battle

American warplanes joined Iraq's battle against the so-called 'Islamic State' in northern Iraq late Wednesday, as Iraqi ground troops launched a massive assault on Tikrit. Analysts say the offensive could take the coalition a step further towards Mosul, the largest city held by Islamic State forces. Others say it could also deepen already-dangerous sectarian tensions in the region. VOA's Heather Murdock has more from Cairo.
Video

Video Philippines Wants Tourists Spending Money at New Casinos

Tourism is a multi-billion dollar industry in the Philippines. Close to five million foreign visitors traveled there last year, perhaps lured by the country’s tropical beaches. But Jason Strother reports from Manila that the country hopes to entice more travelers to stay indoors and spend money inside new casinos.
Video

Video Civilian Casualties Push Men to Join Rebels in Ukraine

The continued fighting in eastern Ukraine and the shelling of civilian neighborhoods seem to be pushing more men to join the separatist fighters. Many of the new recruits are residents of Ukraine made bitter by new grievances, as well as old. VOA's Patrick Wells reports.
Video

Video Islamic State Prisoners Talk of Curiosity, God, Regret

Islamic State fighter, a prisoner of Kurdish YPG forces, asked his family asking for forgiveness: "I destroyed myself and I destroyed them along with me." The Syrian youth was one of two detainees who spoke to VOA’s Kurdish Service about the path they chose; their names have been changed and identifying details obscured. VOA's Zana Omer reports.
Video

Video Germanwings Findings Raise Issue of Psychological Testing for Pilots

More is being discovered about the co-pilot in the crash of Germanwings Flight 9525 in the French Alps. Investigators say he was hiding a medical condition, raising questions about the mental qualifications of pilots. VOA's Carolyn Presutti reports.
Video

Video Hi-tech Motorbike Helmet's Goal: Improve Road Safety

In cities with heavily congested traffic, people can get around much faster on a motorcycle than in a car. But a rider who is not sure of his route may have to stop to look at the map or consult a GPS. A Russian start-up company is working to make navigation easier for motorcyclists. Designers at Moscow-based LiveMap are developing a smart helmet with a built-in navigation system, head-mounted display and voice recognition. Zlatica Hoke has more.
Video

Video DOJ: Illinois National Guard Soldier Tried to Join ISIS

U.S. federal law enforcement agents arrested two suburban Chicago men accused of trying to join ISIS overseas, while also plotting attacks in the United States. As VOA’s Kane Farabaugh reports from the Midwest state of Illinois, one of those arrested is a soldier of the Illinois National Guard.
Video

Video New Wheelchair Is Easier to Use, Increases Mobility

Traditional push-rim wheelchairs create a lot of stress for arm, shoulder and neck muscles and joints. A redesigned chair, based on readily available bicycle technology, radically increases mobility while reducing the physical effort. VOA’s George Putic reports.
Video

Video Liberia's Almost Last Ebola Patient Grateful but Still Grieving

Beatrice Yardolo was to make history as Liberia’s last Ebola patient. Liberians recently started counting down 42 days, the period that has to go by without a single new infection until the World Health Organization can declare a country Ebola-free. That countdown stopped on March 20 when there was another new case of Ebola, making Yardolo’s story a reminder that Ebola is far from over. Benno Muchler reports from Monrovia.
Video

Video Cambodian Land Grabs Threaten Traditional Communities

Indigenous communities in Cambodia's Ratanakiri province say the government’s economic land concession policy is taking away their land and traditional way of life, making many fear that their identity will soon be lost. Local authorities, though, have denied this is the case. VOA's Say Mony went to investigate and filed this report, narrated by Colin Lovett.
Video

Video Space Program Status Disappoints 'Last Man on the Moon'

One of the films that drew big crowds last week at the annual South by Southwest festival in Austin, Texas, tells the story of the last human being to stand on the moon, U.S. astronaut Eugene Cernan. It has been 42 years since Cernan returned from the moon and he laments that no one else has gone there since. VOA’s Greg Flakus reports.

VOA Blogs

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More