President Obama Promotes ‘All-Of-The-Above’ Strategy To Bring Down Gas Prices

The President acknowledges that there is no easy or quick fix to the rising gas prices, but says that he has, and will continue to work on the issue.

As gas prices continue to rise, President Obama addresses the issue in his weekly address and says that there isn’t a quick fix solution to the problem.  But he assured the nation today that he’s working on it.

In his address, President Obama said:

“Ending this cycle of rising gas prices won’t be easy, and it won’t happen overnight. But that’s why you sent us to Washington — to solve tough problems like this one.”

Obama said that with his administration is doing all that they can to bring the price of gas back down to$2. From alternative energy sources, to increasing domestic oil production, Obama said he’s using an “all-of-the-above strategy” to ease the price at the pump.

Obama said:

“The recent spike in gas prices has been another painful reminder of why we have to invest in this technology… Under my Administration, oil production in America is at an eight-year high. We’ve quadrupled the number of operating oil rigs, and opened up millions of acres for drilling. (But) we can’t just drill our way to lower gas prices… We need an all-of-the-above strategy that relies less on foreign oil and more on American-made energy — solar, wind, natural gas, bio-fuels, and more.”

Obama also accused Republicans of a “bumper sticker” approach to solving the energy problem, and said that Democrats and Republicans will have to work together in order to bring gas prices down.

Obama said:

“I’m going to keep doing everything I can to help you save money on gas, both right now and in the future… I hope politicians from both sides of the aisle join me.”

Here’s the video of Obama’s weekly address.

[jwplayer mediaid=”16511″]
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