Gingrich: Obama's Secret Goal is $9 Gas

Sunday, 04 Mar 2012 03:47 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Former House Speaker Newt Gingrich slammed the Obama administration’s handling of rapidly escalating gas prices, saying that he believes the president’s ultimate goal may be to use $9 a gallon gas to revamp the economy along European lines

“This president and his secretary of anti-energy, Dr. Chu, have as a goal getting us to pay European-level prices of $8 or $9. Dr. Chu was clear about that before he became secretary. He wants us to get to be a European-level price structure of $8 or $9 a gallon,” Gingrich told “This Week” host George Stephanopoulos.

“He said this week, in testifying in the House, he has ‘no intention of trying to lower the price of oil or the price of gasoline,’" Gingrich added. "The American people on the other hand would much rather pay $2.50 and be independent of Saudi Arabia than be where we are today. ”


video platformvideo managementvideo solutionsvideo player

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

US Sending Troops to Poland Amid Tensions Over Russia

Saturday, 19 Apr 2014 11:24 AM

The Obama administration is sending ground troops to Poland in response to Russia's moves in Ukraine, Poland's defense m . . .

White House Uses Bieber Petition to Push Immigration Reform

Saturday, 19 Apr 2014 12:21 PM

Instead of commenting directly on a popular petition to have bad-boy pop star Justin Bieber deported to Canada, the Whit . . .

Holy Fire Ceremony Draws Thousands in Jerusalem

Saturday, 19 Apr 2014 11:47 AM

The dark hall inside Christianity's holiest shrine was illuminated with the flames from thousands of candles on Saturday . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved