Democrats Tell Obama: Prevent Higher Gas Prices

Wednesday, 29 Feb 2012 11:57 AM

By Dan Weil

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Republicans have been hammering President Barack Obama in recent days over gasoline prices, which at $3.72 a gallon are nearly twice the level they were when he took office. Now, congressmen in his own party are starting to get on the president’s case too, The Hill reports.

They want Obama to consider releasing oil from the Strategic Petroleum Reserve (SPR) to keep gas prices from soaring through the stratosphere and hurting their chances for re-election. They worry that the increase will stifle  the economy’s nascent rebound.

Senior Democratic lawmakers and vulnerable incumbents say Obama should consider putting on the market tens of millions of barrels of oil stored in the SPR’s special salt caverns on the Gulf Coast, The Hill reports.

“We may need it because this is a central issue to economic recovery. I don’t rule that out if there isn’t a move in the right direction,” said Illinois Sen. Dick Durbin, the second-ranking Senate Democrat. “If it’s going to jeopardize economic recovery, the president should seriously consider it.”

Sen. Jon Tester, D-Mont., who faces a tight re-election race, said Obama should consider dipping into the SPR and other steps to increase domestic oil supplies, such as allowing construction of the Keystone XL pipeline project from Alberta, Canada, to the Gulf Coast of Texas.



© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  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.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Poll Finds Large Racial Divide in Belief Justice Is Colorblind

Monday, 22 Dec 2014 16:50 PM

White Americans are more likely to believe the criminal justice system is colorblind than non-whites, with 57 percent of . . .

Arpaio Sues Over Amnesty; Boehner Hints House May Be Next

Monday, 22 Dec 2014 16:16 PM

If you want to sue President Obama over his executive order granting amnesty from deportation to five million illegal al . . .

Singer Joe Cocker Dies at 70

Monday, 22 Dec 2014 13:45 PM

Joe Cocker, the British singer who had numerous hits in the 1970s and '80s including a barrel-throated rendition of Wit . . .

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