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President Obama Fires Back On Gas Prices

The Republicans have been hitting the White House hard lately, laying blame for rising gas prices on the President. Today President Obama hit back with a speech in Maryland. He laid the harshest criticism on Newt Gingrich’s promise to reduce the price of gas to $2.50 a gallon if he won the White House.

President Barack Obama accused Republican presidential candidates on Thursday of playing election politics over high gasoline prices, and mocked them for resisting development of alternative energy sources.

Obama, whose re-election bid could be harmed by voter resentment and opponents’ criticisms over increasing pain at the pump, insisted there was no “quick fix” or “silver bullet” for high gas prices.

“And anyone who tells you that isn’t really looking for a solution — they’re trying to ride the political wave of the moment,” he told cheering students at campaign-style rally at Prince George’s Community College in Largo, Maryland.

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ABS Video on Obama and Gas Prices

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