Political Hotsheet
By

Mark Knoller /

CBS News/ February 23, 2012, 6:52 PM

Pres. Obama unleashes on Republican energy policy

CORAL GABLES, Florida - With rising gasoline prices posing a threat to his bid for re-election, President Obama wants Americans to understand "there is no silver bullet" to quickly produce more gasoline and make it less costly at the pump - no matter what Republicans say.

"It's the easiest thing in the world make phony election-year promises about lower gas prices," said the president in a swipe at Republicans, including those seeking to unseat him in November.

Addressing a predominantly student audience at the University of Miami campus here, Mr. Obama cited a recent news report from Politico that portrayed Republicans as gleeful that gasoline prices are soaring 8 months before the presidential election.

"Gasoline prices are on the rise and Republicans are licking their chops. That's a quote," he said, quoting from the Politico story.

Clearly finding it easy to believe the report, President Obama said, "Only in politics do people root for bad news, do they greet bad news so enthusiastically."

He's said he's sure Republicans are "dusting off their 3-point plan for $2 gas."

Step one is to drill and step two is to drill," said the president, seeking to ridicule the GOP energy strategy. "And then step three is to keep drilling."

"Well, the American people aren't stupid," said Mr. Obama. "They know that's not a plan, especially since we're already drilling."

He called the drill, drill, drill approach nothing more than "a bumper sticker" and "not a strategy to solve our energy challenge."

He portrayed Republicans as adopting "a strategy to get politicians through an election."

"There are no quick fixes to this problem," the president said. "We can't just drill our way to lower gas prices."

Pres. Obama used his speech to reaffirm his commitment to what he calls his "all-of-the-above strategy" to develop every available source of American energy.

More production of oil and gas are part of his energy strategy, "but also wind and solar and nuclear and biofuels, and more," he said to an outburst of applause.

"We need to keep developing the technology that allows us to use less oil in our cars and trucks; in our buildings and plants. That's the strategy we're pursuing, and that's the only real solution to this challenge. "

The president is also demanding an end to the $4-billion a year government tax subsidies to the big oil companies.

"It's outrageous. It's inexcusable," he said. "And every politician who's been fighting to keep these subsidies in place should explain to the American people why the oil industry needs more of their money. Especially at a time like this. "

Finding it a worthwhile target, Mr. Obama said "it's time to end taxpayer giveaways to an industry that's never been more profitable, and double-down on a clean energy industry that's never been more promising. "

He again called on Congress to renew the clean energy tax credits that "will lead to more jobs and less dependence on foreign oil. "

But Republicans were quick to pounce back citing the doubling of gasoline prices over the past 3 years.

"From his drilling moratorium to his denial of the Keystone pipeline," said press secretary to Speaker John Boehner, Brandon Buck. "The President has time and again sided with his liberal base over American families."

President Obama didn't watch last night's GOP presidential candidates debate, though he sounded as though he wanted to have the last word today on energy policy.

© 2012 CBS Interactive Inc. All Rights Reserved.
32 Comments Add a Comment
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lg144 says:
Republicans are anti science and hell bent on keeping America tethered to their master Big Oil. They are more concerened about stripping voting rights and gutting women's health care than creating JOBS. Republicans have proven they are not fit to hold elected office and should be voted out en masse next election.
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tennesseered replies:
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I'll play your silly game. Please explain how republicans are "anti science" and tethered to their "Master". Also, could you please explain how republicans are stripping "voting rights" and "gutting" women's health care.
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Herne42 says:
The only good thing about these GOP votes...for Romney, Santorum and Gingrich....
Now we at least have a better number on where all the least educated populations live.
Santorum and Gingrich supporters....I'm thinking need some type of mental therapy...who in there right minds would possibly vote for either of them. the thought of either of them as president is INSANE!!!!
If you support Romney.. ok... you're just not very bright in my book.
But Santorum? ...Gingrich?.....there's gotta be some mental disabilities there.
just my opinion of course...But have Americans really become that dumb? this is embarrassing.

Paul needs to go Independent, or Obama need's to adopt a couple of Paul's ideas.... or it's Canada bound.

I don't see any permanent solutions being offered by either useless party at the moment.

There needs to be a balance between Paul and Obama...that's who will be president... I hope someone comes forward soon.
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ricky_paradox says:
ROFL, when the republicans can't win on the issues, they just make up crap....the GOP has nothing left to offer America. Its time for the republicans to split into 2 parties, the wing-nuts party and the bat-**** crazy party.
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GeorgeKafantaris says:
Iran is in a serious dilemma. On the one hand it wants to show the world all it's got and put it at ease, while on the other hand it fears that such show 'n tell will give its enemies a roadmap to bomb it.
Saddam Hussein faced a similar dilemma ten years ago. Though he wanted the world to know he had nothing to hide, he also wanted to bluff his archenemy Iran into believing Iraq still had WMD.
Bluffing did not go well for Saddam, and it might not go well for Ahmadinejad.
But since the price tag for ridding Saddam proved high, we ought to reflect what we are asking of Iran now. On the eve of a threatened attack, we are asking it to take us to the depths of its arsenal and show us all it's got.
Such great expectations are a sign we have been talking to our friends too long and are in need of a broader perspective. Exactly when was the last time we asked Pakistan, India, China or Russia to show us their arsenal?
"But those countries are not advocating the destruction of Israel."
True, but Israel is not a thorn on their side either.
Surely, however, we can see beyond the hyperboles and figure out their underlying purpose. Or have we forgotten that not all Iranians are thrilled with Ahmadinejad?
He sure hasn't.
Nor has he forgotten that that his countrymen hate Israel even more. So he tells them that Israel will be wiped from the face of the earth. Expectantly, this nonsense unites them against a common enemy. It even becomes a diversion from the misery and isolation brought on by his anachronistic regime.
Quite clever work by Ahmadinejad -- and not a rial spent or a bullet fired.
So why are we letting the crazy talk about destroying Israel get us all worked-up -- to the point of turning the world topsy-turvy again.
Can we not plainly see the machinations of an unpopular regime trying to hold on to power?
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notreich says:
Actually, functioning oil rigs un the USA are up 350 percent since Obama. You could look it up. Production is up 8 percent after actually declining under Bush. Republicans like to point out that gas has risen under Obama. They don't like to point out that it first rose to over $4.00 during Bush and then crashed along with his economy prior to Obama.
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HarryOrielly says:
This president who promised openess has hidden his past history at the cost of million- a sweet talking can-man who is charismatic well spoken & likeable but every word from his mouth is a LIE- Rich people have spent millions hiding his criminal past- he even surrendered his law license to avoid investigation- 17 Document Specialists (used in court to verify documents) have ALL testified under oatth that the birth certificate (PDF file) released on April 27th was a blatant FORGERY- so what does Obama do? He puts the birth certificate on coffee cups & T-SHIRTS & sells them at Democratic fund raisers- an IN-YOUR-FACE arrogance of a master swindler-
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lg144 replies:
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Nobody has swindled and screwed over America anywhere near as bad as republicans and their party. So save your hate for President Obama for confession.
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BlameRepublicanz says:
Dear Tea baggers,

If Obama's "horrible" energy policies are the reason gas is so high...was it Bush's energy policies that caused gas prices to hit record highs under his administration?...and yes, i'm aware he isn't President anymore.
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lg144 replies:
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The problem is you're rational asking logical questions of fact to teabaggers and teabaggers don't argue facts they just argue.
tennesseered replies:
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2008 $2.00 gal today over $4.00 gal.
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sirmarion-2009 says:
Too bad Obama just does not understand Supply and Demand. Obama and his Administration have said from the start they want gasoiline to get to $5.00 a gallon so we would use less energy and depend more on solar,wind,and make-believe energy.
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ricky_paradox replies:
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No one HAS EVER said they want 5 buck gas...thats just something Glen Beck made up. But when a party like the GOP has nothing left to offer, they just made up B.S. Its no wonder the republican party is known as the 'PARTY OF THE UNIMFORMED'.
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sirmarion-2009 says:
So,Obamas plan is for $5-7.00 a gallon as an energy policy? As his Budget still gives companies like Solyndra tax credits while they continue to fail.
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RobAla says:
Duh.... because of the massive rising demands in China, even more US production is needed. US oil companies are selling it to China. It is is still the supply and demand (yes, speculation plays a part also), but this demand is on a global basis. That is why producing even more oil in the US could bring down the price of oil here. The other aspect is the stupid energy policies of President Obama have caused greater expense for US oil producers to do the job - this additional cost adds to the price of oil in the US.

President Obama can NOT escape the fact that his horrible energy policies are contributing to higher gasoline prices for Americans. He stopped companies from drilling in ANWAR, he has increased regulations for drilling in the GULF (when it was one foreign oil company that acted irresponsibly, after decades of responsible drilling by others), and stupid action like stopping the Canadian pipeline.

In the past, Barrack Obama has said that he would like to drive up the cost of energy in order to move the US to alternative green forms of energy. This may be OK for him, since he has money and can afford the cost. However, this nails the poor and middle income Americans that he "says" he cares so much about. Not just at the pump. Every product that is transported by fossil fuels will have the additional transportation costs added to the price at the store. This President is a radical, and his polices are hurting Americans.
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BlameRepublicanz replies:
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wait so were Bush's horrble energy policies the cause of gas hitting record highs under his administration? idiot.
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