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.

Click here for: Thursday, October 30

● Online dating site fined for trickery

● Saving the double-breasted cormorant

● Latinos move slowly toward GOP

● Business pours money into elections

● Jobs in the metro areas

● Ohio trooper exchanged tickets for sex

Are You Eligible To Vote? Facing Pitfalls?

TRNS Interviews Marcia Johnson-Blanco of the Voting Rights Project.

Apple CEO Tim Cook: ‘I’m Proud To Be Gay’

Photo/ Lemagit via Flickr Creative Commons

“I don’t consider myself an activist, but I realize how much I’ve benefited from the sacrifice of others,” Cook said.

Longtime Boston Mayor Tom Menino Dies At 71

Photo/ Llouj via Wikipedia

Menino was forced to step aside from the prospect of a potential sixth term earlier this year due to looming health problems which eventually took his life.

Poll: Udall Trails 7 Points In Colorado

Udall has 39 percent while Gardner holds 46 percent.

TRNS News Notes 10/30

Ebola: Nurse vs Maine?
Can Maine prove Hickox is a threat?
Hickox slams Christie
Hagel approves strict monitoring for Christie
The great Obama/Bibi “chicken$hit” flap