Obama announces steps to speed oil drilling in weekly address
May 14th, 2011
09:10 AM ET
4 years ago

Obama announces steps to speed oil drilling in weekly address

Washington (CNN) – With gas topping $4 a gallon, President Barack Obama on Saturday announced new plans to speed up domestic drilling for oil.

In his weekly address to the nation, the president outlined his plans for what he calls "safe and responsible" oil production.

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Filed under: Alaska • Energy • gas prices • President Obama
Pols and pain at the pump: Been there, done that
May 10th, 2011
01:50 PM ET
4 years ago

Pols and pain at the pump: Been there, done that

Washington (CNN) - When gas prices started spiking again this month, President Barack Obama turned to a move that worked in the past: Make noise and talk tough about price gouging, then direct his attorney general to launch an investigation.

Immediately.

If that sounds familiar, it is. It's part of the rhetorical playbook politicians have used for years when gas prices go up - that is until prices fall and what felt like urgent ideas go back on the shelf.

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Filed under: gas prices • President Obama
CNN Poll: Americans blame oil companies, speculators for prices
May 9th, 2011
12:15 PM ET
4 years ago

CNN Poll: Americans blame oil companies, speculators for prices

NEW YORK (CNNMoney) - The high price of gasoline is changing the driving and spending habits of Americans, and the public blames speculators and oil companies for the price spike, according to a new CNN/Opinion Research Corporation survey.

Sixty-three percent of Americans say they have cut back on driving due to the high price of gas. And almost six in ten report spending less on other items due to the rise in prices at the pump, a sign of a spillover effect into the broader economy.

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Filed under: CNN poll • gas prices • Polls
Gas prices spark partisan debate in Congress
May 5th, 2011
04:31 PM ET
4 years ago

Gas prices spark partisan debate in Congress

Washington (CNN) – Four-dollar-a-gallon gas sparked a partisan and predictable debate on the House floor Thursday about legislation Republicans argued would reduce prices at the pump by promoting more domestic energy production.

The GOP bill, which passed 266-149, is named the "Restarting American Offshore Leasing Now Act" and directs the Obama administration to move forward with leases for drilling in areas in the Gulf of Mexico and off the coast of Virginia that were already approved but were suspended after the BP oil disaster last year.
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Filed under: Congress • gas prices
President, GOP wrestle with rising gas prices in weekly addresses
April 30th, 2011
11:20 AM ET
4 years ago

President, GOP wrestle with rising gas prices in weekly addresses

Washington (CNN)-President Obama reflected on pain at the gas pump during his weekly address Saturday.

Noting figures that suggest the economy is growing again with an increase of almost 2 million private sector jobs over the last 13 months, the president recognized it's "still too hard to find a job" and "rising gas prices mean real pain for our families at the pump."
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Filed under: Energy • gas prices • GOP weekly address • President Obama
Political realities and gas prices
April 23rd, 2011
04:01 PM ET
4 years ago

Political realities and gas prices

Washington (CNN) – President Barack Obama confronted two political realities this week:
- Rising gas prices are bad for a politician's poll numbers
- There is almost nothing a politician can do about it, at least in the short run.

The national average for gas rose another eight-tenths of a cent in the last 24 hours, to $3.856 a gallon, according to AAA. That's the 32nd consecutive day with an increase. Prices have risen nearly 31 cents a gallon during that streak, or nearly 9 percent.

CNN Chief Political Correspondent Candy Crowley discusses the implications of the high gas prices for President Obama:

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Filed under: gas prices • President Obama
Weekly addresses highlight bipartisan disagreement on job creation
April 23rd, 2011
01:49 PM ET
4 years ago

Weekly addresses highlight bipartisan disagreement on job creation

Washington (CNN)–President Barack Obama recognized the economic strain caused by soaring gas prices and stressed the importance of clean energy initiatives to reduce America's dependence on oil in the weekly address Saturday.

"Even if you haven't faced a job loss, it's still not easy out there," he said.

And he added that despite rising costs, paychecks are not getting any bigger.
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Filed under: Budget • Deficit • gas prices • GOP weekly address • President Obama
High gasoline prices prompt Justice Department to eye energy industry
April 21st, 2011
05:19 PM ET
4 years ago

High gasoline prices prompt Justice Department to eye energy industry

WASHINGTON (CNN) – Prodded by growing public frustration over sharply rising gasoline prices, the Justice Department on Thursday announced the formation of a team - the "Oil and Gas Price Fraud Working Group - tasked with the goal of ensuring consumers are not victims of price gouging.

Gas prices exceeding $4 per gallon or higher are "tough" for most Americans, President Barack Obama told an audience in Reno, Nevada. "We are going to make sure that no one is taking advantage of American consumers for their own short-term gain."

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Filed under: gas prices
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