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
 
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 May Delay Immigration Action Until After Midterms

Saturday, 30 Aug 2014 11:12 AM

President Barack Obama may delay executive action on immigration until after the November midterm elections as Democrats . . .

Kerry Urges Global Coalition to Fight ISIS 'Cancer'

Saturday, 30 Aug 2014 07:53 AM

Secretary of State John Kerry has called for a global coalition to combat the Islamic State jihadist group and their ge . . .

Saudi King: West Will be Jihadists' Next Target

Saturday, 30 Aug 2014 07:50 AM

King Abdullah of Saudi Arabia has warned that the West will be the next target of the jihadists sweeping through Syria a . . .

Most Commented

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