White House Acknowledges Rising Gas Prices

Press Secretary Jay Carney says President Obama is "very aware" of the current price of oil, which has topped $106 per barrel.

White House Press Secretary Jay Carney told reporters Tuesday that the administration is employing an all-of-the-above strategy to fight skyrocketing prices at the pump.

The average price of regular gas hit $3.57 on Tuesday, and some analysts believe it will reach $4 per gallon by the summer.

The White House says that it has taken a multitude of steps to mitigate high gas prices, such as tapping into the nation’s Strategic Petroleum Reserve, pushing higher fuel efficiency standards and exploring alternative energy sources. Carney added that President Obama is “very aware” of the rising prices.

Republicans in Congress say Obama could help the situation by approving the Keystone XL pipeline, which they argue would create thousands of jobs. They have accused the president of playing politics with the pipeline, which would transport tar sands from Western Canada to the Gulf of Mexico.

Carney shot back against such criticism.

“They decided to play politics with this decision and attach it to the payroll tax cut extension,” he said, referring to last year’s failed GOP effort.

Carney noted that the U.S. Department of the Interior signed an agreement with Mexico over the weekend to gain access to roughly 1.5 million acres of the Outer Continental Shelf. According to DOI’s Bureau of Ocean Energy Management (BOEM), “this area contains as much as 172 million barrels of oil and 304 billion cubic feet of natural gas.”

Meanwhile, Republican presidential candidate Newt Gingrich charged this morning that Obama would like gas to become more expensive. Carney dismissed that notion, accusing Gingrich and others in the GOP of over-simplifying the issue.

“This kind of situation that comes periodically…often results in magic solutions being put forward by politicians who may or may not know what they’re talking about.”

Tags: , , , , , , , ,

Geoff Holtzman
Geoff Holtzman is Talk Radio News Service's Deputy Bureau Chief. As one of TRNS's primary correspondents, he helps cover the White House and Capitol Hill. Geoff also covered the 2012 presidential campaign, following the candidates to Iowa, New Hampshire, South Carolina, North Carolina, Florida and elsewhere. In the process, he learned that not all Motel 6's are created equal. Follow Geoff on Twitter @Geoff_Holtzman.

Ulysses S. Grant Dies, Rioting In Detroit, And Justice Kennedy Turns 78

Photo courtesy of the Detroit City government.

Here’s what happened today in American political history.

Click here for: Wednesday, July 23

● Appeals courts split on Obamacare

● JFK’s nuclear war briefing is declassified

● Educational benefits for young aliens

● Judge boots scientists from FDA advisory panel

● Racism thrives on Indian-styled mascots and teams

● Homocide data is double-counted

US: No Evidence Of Direct Russian Involvement In Downed Plane

The U.S. officials however do claim that the Russian governments involvement in the Ukraine crisis had “created the conditions” of the tragedy.

McDonald Pledges To Reform VA, Wins Praise From Senate

“Today, the Department operates as loosely-connected individual administrations,” McDonald said. “Tomorrow, I hope the Department can be ‘one team one dream.’”

Pro-Israel Artists Install Makeshift Bomb Shelter On Capitol Hill

Artists 4 Israel wants you to know how it feels inside an Israeli bomb shelter.

Israel To UN: ‘No Nation Is Immune To The Threat Of Radical Islamist Terrorism’

Deputy Israeli Ambassador David Roet at the U.N. Security Council. July 22, 2014. Photo: Luke Vargas/TRNS

Deputy Ambassador warns Security Council that not supporting Israel’s fight against terrorism will ‘invite tyranny and terror into your own backyards.’