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
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Obama Disagrees With Ginsburg on Getting Replacement Confirmed

Monday, 20 Oct 2014 20:55 PM

President Barack Obama takes exception to Supreme Court Justice Ruth Bader Ginsburg's assessment of his political weakne . . .

Michele Bachmann Gets Security Detail After Threat From ISIS

Monday, 20 Oct 2014 20:47 PM

Rep. Michele Bachmann has been given a 24-hour security detail based on a threat from the Islamic State (ISIS), Politico . . .

Oliver North: ISIS Plans 'Major Attack' on US Embassy in Baghdad

Monday, 20 Oct 2014 20:28 PM

Retired Lt. Col. Oliver North says his sources inside Iraq are predicting a "major attack" on the U.S. Embassy in Baghda . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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