Saturday, February 25, 2012

Does the GOP want $5 gas? (The Week)

[unable to retrieve full-text content]The Week - As rising gas prices sour the national mood, Obama accuses Republicans of hoping for more bad economic news so they can use it against him in NovemberThere are no "quick fixes" for rising gasoline prices, President Obama said Thursday, trying to get in front of an issue that threatens to compromise his re-election campaign. Republicans are blaming Obama for the uptick — which could reach $5 per gallon by summer's driving season, according to some analysts — saying he has denied oil companies the chance to drill for more domestic oil. In turn, Obama faulted Republicans for "licking their chops" over rising gas prices, "rooting for bad news" so they can exploit voters' fuel frustrations for political gain. Does Obama have a point?

Source: http://us.rd.yahoo.com/dailynews/rss/politicsopinion/*http%3A//news.yahoo.com/s/theweek/20120224/cm_theweek/224817

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