News / USA

US Motorists Fume, Politicians Bicker Over High Fuel Prices

Michael Bowman

A spike in gasoline prices has U.S. motorists angry and economists worried about damage to the nation’s fragile economic recovery. Petroleum price volatility also is providing ample political fodder in an election year.

During the past month, gasoline prices have risen 20 percent or more in some parts of the country, draining drivers’ wallets as they fill up their gas tanks.

“It is very disturbing. It is very disheartening when you have to go to the gas pump now,” said one motorist.

“They are really robbing your pocket,” said another.

“It is absolutely maddening,” said a third motorist.

There is sympathy from gasoline vendors like Juan Diaz in Miami, who pass along higher fuel costs to their customers.

“People here complain all the time. And that is direct money that is coming out of the economy to fill your tank,” said Diaz.

Speculators have bid up the price of oil amid tensions surrounding Iran, a major supplier of crude, and signs of a U.S. economic recovery expected to boost demand for energy. U.S. domestic oil production is up, but America’s capacity to convert crude into gasoline is not.

Republicans blame President Barack Obama, who has limited new drilling and rejected an oil pipeline from Canada. Senate Minority Leader Mitch McConnell weighs in.

“We have now reached the point where gasoline prices are 100 per cent higher than they were when the president came to office.  America is an energy-rich country. It is high time we began to exploit the resources we already have,” said McConnell.

The president accuses opponents of election-year political opportunism and a short-sighted fixation on oil drilling.

“We cannot just drill our way to lower gas prices,” said Obama.

He continues to champion greater fuel economy and alternative energy sources.



“We need a sustained, all-of-the-above strategy that develops every available source of American energy: oil, gas, wind, solar, nuclear, biofuels, and more. We need to keep developing technology that allows us to use less oil in our cars and trucks,” said Obama.

Not everyone is complaining about higher fuel prices. Car dealerships report a surge in demand for fuel-efficient vehicles.

“It has been a great week, almost double and triple in sales just over the past five days,” said Troy Pelz, a Chevrolet dealer in California.

For everyone else, a somber reality: Gasoline prices could rise even further in a few months, during the summer-vacation season.

You May Like

Video Miami Cubans Divided on New US Policy

While older, more conservative Cuban Americans have promoted anti-Castro political movement for years, younger generations say economically, it is time for change More

2014 Sees Dramatic Uptick in Boko Haram Abductions

Militants suspected in latest mass kidnapping of over 100 people in Gumsuri, Nigeria on Sunday More

Video Cuba Deal Is Major Victory for Pope

Role of Francis hailed throughout US, Latin America - though some Cuban-American Catholics have mixed feelings 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.
Sudan School Becomes Target of Aerial Attacksi
X
December 19, 2014 12:45 AM
The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video Sudan School Becomes Target of Aerial Attacks

The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video VOA Reporter Tours Devastated Peshawar School

Islamist militants wearing military uniforms and strapped with explosives attacked a military run school Tuesday in the northwestern Pakistani city of Peshawar. At least 141 people were killed in the horrific attack, most of them young students. VOA reporter Ayaz Gul visited the devastated school and attended the funeral of the principal who courageously tried to save her students from the deadly attack.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Putin Says Russian Economy Will Emerge Stronger

Russian President Vladimir Putin has said his country's sinking economy will not only recover but also become stronger, despite falling oil prices and Western sanctions over Ukraine. VOA's Daniel Schearf reports.
Video

Video Detained Turkish Journalists Follow Teachings of US-Based Preacher

The Turkish government’s jailing of critical journalists has sparked international condemnation and is being seen as an effort to undermine the followers of an ailing Turkish preacher based in the United States. VOA religion reporter Jerome Socolovsky has more.
Video

Video ‘Anti-Islamization’ Marches Increase Tensions In Germany

Anti-immigrant rallies in Germany have been building in recent weeks, peaking Monday night in the city of Dresden where tens of thousands of people turned out to demonstrate against what they call the ‘Islamization’ of the West. Germany has offered asylum to more Syrian refugees than any other country, and this appears to have set off the protests. Henry Ridgwell reports from London.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.
Video

Video Refugees Living in Kenya Long for Peace in the Home Countries

Kenya is host to numerous refugees seeking safe haven from conflict. Immigrants from Somalia face challenges in their new lives in Kenya. Ahead of International Migrants Day (December 18) Lenny Ruvaga has more for VOA News from the Kenyan capital.

All About America

AppleAndroid