Friday, April 29, 2011

What Can Obama Do About Gas Prices?

Bradford Plumer, New Republic
Oil is up around $110 per barrel; the price of gas at the pump is approaching $4 per gallon. It's clear the White House is nervous about this: Barack Obama has started mentioning gas prices everywhere he goes. There are two big questions here: Are rising gas prices going to sink Obama’s presidency? And, either way, is there anything that can actually be done about them?High gas pricesare unquestionably a pain for many Americans. Thanks to our highway-centric infrastructure, most people can’t really avoid driving, even when gas prices spike; right now, for instance,...

Source: http://www.realclearpolitics.com/2011/04/28/what_can_obama_do_about_gas_prices_254518.html

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