President Barack Obama said Saturday "there are no quick fixes" and called for a comprehensive strategy to develop "every available source of American energy." In his weekly radio and Internet address, the president repeated most of the points he made during the past week in talking about rising gasoline prices, calling the price spike "another painful reminder of why developing new energy is so important to our future." "And that hurts everyone -- everyone who owns a car; everyone who owns a business," he said. "It means you have to stretch your paycheck even further. Some folks have no choice but to drive a long way to work, and high gas prices are like a tax straight out of their paychecks." Obama repeated a line from a speech he delivered Thursday in Florida, saying "some politicians always see this as a political opportunity." "And since it's an election year, they're already dusting off their three-point plans for $2 (a gallon) gas," the president said. "I'll save you the suspense: Step one is drill, step two is drill, and step three is keep drilling. We hear the same thing every year. "Well the American people aren't stupid," he said. "You know that's not a plan -- especially since we're already drilling. 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. "You know there are no quick fixes to this problem, and you know we can't just drill our way to lower gas prices," the president said. "If we're going to take control of our energy future and avoid these gas price spikes down the line, then we need a sustained, all-of-the-above strategy that develops every available source of American energy -- oil, gas, wind, solar, nuclear, biofuels, and more. 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." Obama called on Americans to support "a sustained, serious effort to tackle" the problem of rising prices and "our dependence on foreign oil."
GMT 12:00 2018 Wednesday ,28 November
6th Gulf Intelligence Oman Energy Forum opensGMT 13:32 2018 Thursday ,22 November
Russia's Sovcomflot considers acquiring LNG-fueled shipsGMT 08:21 2018 Monday ,19 November
Russia expects new joint energy projects with VietnamGMT 09:34 2018 Sunday ,18 November
US, Japan, Australia, NZ to bring electricity to Papua New GuineaGMT 13:27 2018 Wednesday ,17 October
Russia ready to revive energy dialogue with European UnionGMT 23:11 2018 Thursday ,11 October
GCC renewable energy discussed in KuwaitGMT 18:00 2018 Thursday ,11 October
Strategic nuclear forces’ drills held in RussiaGMT 10:47 2018 Wednesday ,10 October
Egypt can generate up to 53% of power sources by 2050Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor