Tags: Newt Gingrich | gingrich | gas | chu | economy | stephanopoulos

Gingrich: Obama's Secret Goal is $9 Gas

Sunday, 04 Mar 2012 03:47 PM

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

© 2015 Newsmax. All rights reserved.

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

Charlie Hebdo Survivor: Glad Obama Didn't Come to Paris

Sunday, 25 Jan 2015 22:56 PM

Laurent Leger, a Charlie Hebdo staff member who survived the attack that killed several of his co-workers earlier this m . . .

Will Ron Paul's Views Hurt Rand Paul's Presidential Ambitions?

Sunday, 25 Jan 2015 22:25 PM

Former Texas Rep. Ron Paul, who has run for president three times as a Libertarian and as a Republican, was never more t . . .

WH Chief of Staff Accidentally Reveals American ISIS Hostage's First Name

Sunday, 25 Jan 2015 21:07 PM

White House Chief of Staff Denis McDonough accidentally revealed the first name of an American woman being held by the I . . .

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