Political Hotsheet
By

Leigh Ann Caldwell /

CBS News/ February 25, 2012, 12:04 PM

Obama calls GOP gas price plan "a bumper sticker"

President Obama used his weekly address to acknowledge the rising cost of gasoline - and to criticize the Republican presidential candidates for their campaign-trail message on gas prices.

"We hear the same thing every year," Mr. Obama said about the Republicans. "Step one is drill, step two is drill, and step three is keep drilling."

He took a direct hit at presidential candidate Newt Gingrich who has re-focused his campaign message on energy costs on which he offered tough critiques of the president. Gingrich promised if elected that gas prices would go down to $2.00-$2.50 per gallon.

"Since it's an election year, they're already dusting off their three-point plans for $2 gas," Mr. Obama said.

"Well, the American people aren't stupid," the president said. "It's a bumper sticker. It's not a strategy to solve our energy challenge. It's a strategy to get politicians through an election."

The average cost per gallon of unleaded gas is $3.67 - higher than the $3.28 cost a year ago and even higher than the average cost of $3.37 a month ago.

Former Massachusetts governor Mitt Romney did not directly blame the president for rising gas costs. Instead, he applied economic principles: "I think the American people know that to a certain degree gas prices are driven by what's happening around the world, supply and demand."

However, Romney said the president isn't doing enough, and called on him to approve the XL Keystone pipeline project - which would transport oil from the Canadian Tar Sands to the U.S. Gulf Coast - that the Obama administration halted earlier this year.

The president's weekly address mimicked a speech he gave Thursday in Miami where he called for an "all-of-the-above" energy strategy that includes renewable sources, nuclear natural gas and bio-fuels.

Mr. Obama also called for an end to $4 billion worth of government subsidies for the oil industry. "A century of subsidies to the oil companies is long enough," he said.

In their weekly address, Republicans also focused on gas prices, tying it to the economy.

Senator Kay Bailey Hutchison of Texas called for the Keystone pipeline, which she said is part of an "energy policy that puts American workers and families first."

© 2012 CBS Interactive Inc. All Rights Reserved.
150 Comments Add a Comment
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sooner_schooner says:
His entire presidency has been a bumper sticker.
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tiredsos says:
Want to "feeeel" better....fight back and get the word out. Tell everyone to complain to the white house site every time you fill your gas tank. Make up stickers and post them on gas pumps across America then maybe Barrack Husein Obama will listen!

THANK OBAMA FOR DOING NOTHING TO REDUCE OUR GAS PRICE!
I AIRED MY TIRES & TUNED MY ENGINE NOW WHAT, STOP WORKING?
send e-mail to: www.whitehous.gov
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READITBOB says:
I am so tired of what has been happening (since Jan09).

We need to step back and appreciate individualism and sway away from allowing our Liberty and individual independence being stripped from our lives! Do we allow BIGGOV to make Americans look and become weak?

____WHAT IS WRONG SINCE 08 election___


Our economy recovery is small, but gov spending is large.

We are getting involved and meddling in mideast crisis -- enough we need to focus on America.

I am tired of being told what to eat and what to put in our kids lunch (I cook, Michelle has people cook for her)

Many families are not taking a single vacation because of cost but Michelle has take over 16 expensive elite-style vacations.

Food cost and gas is so expensive, we have had to cut back on our budget, why can't gov do that?

We need to drill more in USA and become less dependent on OPEC

Foreign aid is draining us - first it was LIBYA then it became a hayday to fix all ara_ problems -- they have had problems for 2000 years - we can't fix their problems.

BIRTH_CTRL:when it comes to items such as birth control -- I really feel that it is a personal care product and should be purchased by the individual. One woman mentioned that she really resented that she and her family were being forced to pay for birth control for other woman/women down the street.

I think how she said it was, "why should my husband pay for the young lady down the streets birth control, he isn't even involved with her s_xually -- she really objected to that and when it is put like that I can see exactly what she is saying.

I agree, this birthcontrol issue is way off, why should I pay for personal care products for a woman or couple that I am not involved with! The pill cost about $15 for 3 months and a clinic offer it to poor for almost nothing. Plus we had welfare to pay for it if the family is not caring for their own living cost.

Immigration: lets keep this short and sweet -- we have federal laws about immigration Pres O, we need to enforce federal laws regarding crime. Never make a rule or law, you are unwilling to enforce!

_What bothers you about BIG GOV intrusion and excessive behavior?
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dlzastera says:
You Dems can be real proud of your President. What a joke, I think Jimmy Carter was a better President.
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DefendUrRights50 says:
Obama Birth Certificate a Forgery, Reports Arpaio

Arrest and Jail Obama - That's my bumper sticker, but we won't have time to put them on our cars, because the Freak, the Fraud, the Insulting Jihadist - WILL be in jail.

Contact your Congressman and Senator and demand that they arrest and jail this criminal.

If they fail to act, they TOO are guilty of a felony:

Misprision of a Felony

Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both.

(Today, an expert verified Arpaio's claim using b.c. pulled from White House website...http://www.youtube.com/watch?v=7s9StxsFllY)
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KansasCity-2012 says:
Drilling won't ever make the price of oil and gasoline go down. This is a matter of economics. As long as the US dollar is not the currency of choice used to pay for oil, then the demand for US dollars will decline causing devaluation. Only a strong and rising US dollar will make it currency of choice used for buying oil. When that happens, we will see the price of oil stabilize or go down.

Euro Dollars are the currency of choice used for buying oil, today.
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sirmarion-2009 replies:
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Because Obama has allowed the Treasury to print more money making our dollar worth less.
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js2212 says:
by occupy_cbs February 26, 2012 2:11 PM EST
We also have record production of biofuels today -- both ethanol and biodiesel -- LIVE WITH IT and STOP LYING!
_____________________________________________________________________

Quantify "record production". No wait, you're math-challenged so I'll do it for you.

US ethanol production: 19.4 billion gal/yr or divide by 42 to get barrels/yr at 319M or 873,000 barrels per day

US oil consumption: 19 million barrels per day

So "record production" of ethanol per day amounts to 4.6% of US Oil Consumption per day. Now, the good news is that we're producing green energy. But your comment implies that the amount of production is solving the problem or is significant. It isn't. So who's lying?
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occupy_cbs says:
Dan1803: "You don't know anything about free markets and how oil is traded...There is not group of 'speculators..'"




As oil speculation again hits record highs, leading to record high oil prices, Koch's allies in Congress fight to undermine new reforms and allow unchecked speculation to spiral out of control. Oil speculation is currently at a record level, which experts, and even many Republicans now agree, is causing pain at the pump.

After a furious lobbying campaign, the CFTC postpones Dodd-Frank mandated regulations on excessive oil speculation, known as position limits. As the CFTC grapples with how to implement these new rules, newly elected Republicans, many with Koch-backing, propose steep cuts to the CFTC to undercut any rules on oil speculation.
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occupy_cbs says:
We certainly know that republicans have caused the high price of GAS/OIL ever since 2008:



2008: Rampant oil speculation spikes prices to unprecedented levels. As academics from the Peterson Institute, the James Baker Institute at Rice University, and others conclude, non-commercial speculators begin to dominate the market, forcing up prices. Although the evidence was abundant that speculators caused the massive price spikes during the summer of 2008, regulators were toothless to act.

A bipartisan majority in the House overwhelmingly passed legislation to award powers to the CFTC to oversee rampant oil speculation, but Republican in the Senate -- acting with help from Koch lobbyists -- killed the bill, called the Energy Markets Emergency Act.


2011: As oil speculation again hits record highs, leading to record high oil prices, Koch's allies in Congress fight to undermine new reforms and allow unchecked speculation to spiral out of control. Oil speculation is currently at a record level, which experts, and even many Republicans now agree, is causing pain at the pump.

After a furious lobbying campaign, the CFTC postpones Dodd-Frank mandated regulations on excessive oil speculation, known as position limits. As the CFTC grapples with how to implement these new rules, newly elected Republicans, many with Koch-backing, propose steep cuts to the CFTC to undercut any rules on oil speculation.
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occupy_cbs replies:
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Sorry danny boy -- but EXCESSIVE OIL SPECULATION is no different than unfettered capitalism that imploded our entire financial sector in 2008, so please don't tell us about the "free market" and how OIL prices are all dependent upon any one president! You're nuts!

Oil speculation is currently at a record level, which experts, and even many Republicans now agree, is causing pain at the pump.

After a furious lobbying campaign, the CFTC postpones Dodd-Frank mandated regulations on excessive oil speculation, known as position limits. As the CFTC grapples with how to implement these new rules, newly elected Republicans, many with Koch-backing, propose steep cuts to the CFTC to undercut any rules on oil speculation.
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occupy_cbs says:
Dan1803: "We have robust private production of shale oil/gas on PRIVATE LAND."



Hey danny boy -- live with it -- we have record numbers of drilling rigs in the U.S. today -- quadrupled under Obama from bush -- and we have record domestic production of both OIL and Natural GAS on both private and public lands!

STOP YOUR INCESSANT LYING! Nobody believes your LIES any longer!
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occupy_cbs replies:
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We also have record production of biofuels today -- both ethanol and biodiesel -- LIVE WITH IT and STOP LYING!
sirmarion-2009 replies:
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ANy increase in oil production in the first 3 years of the Obama administration was from the policies Bush put in place not Obama.
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