Painfully high gas prices could hamper President Obama’s reelection bid.

High gas prices are not welcome in an election year and President Barack Obama has defended his energy policy vigorously, challenging attacks from Republicans, who on their campaign trail are having a field day blaming the President for the high gas prices. Mr. Obama stressed that his policies have reduced America’s dependence on foreign oil to a 16 year low, with net oil imports as a share of total U.S. consumption at 45 percent, from 57 percent when the President took office in 2008, as reported in a study on energy security. This 20 page report highlighted an increase in domestic oil and gas production coupled with steps to enhance fuel efficiency by the Obama administration and a reduction of U.S oil imports from 11 million barrels a day in January 2009 to 8.4 million barrels a day by the end of 2011.

President Obama while visiting the election battleground states of North Carolina and Virginia while saying that some progress has been made, reiterated that the U.S. had to reduce its dependence on foreign oil, stressing that the pain at the pump is a ‘reminder that there’s much more work to do to free ourselves from our dependence on foreign oil and take control of our energy future’.

Rising gasoline prices in US

The gas prices in America are soaring to scary heights.  People feel the dwindling money pinch when they are at the pumps and it seems as the right thing to do for the US government would be to start domestic drilling but then there are the global warming debates and environmental struggle.  Not to mention but it is newsworthy that if oil drilling commenced in America, what would be created is the number one priority on the minds of voters: US jobs.  The creation of a workforce that surges and flourishes is a dream worth something in the United States.  Anything that can contribute to the count is a plus.

The soap opera is not necessary even though that is what is taking place between the republicans and democrats.  Although a democrat at heart, I am with the GOP on this one.  We need to become energy independent to counter the rising gasoline prices in US and even though we have taken other avenues to this destination, this is but another contributor to our means of this mission.

The struggle in the Middle East does not make out our gas troubles any easier of solving in terms of price reduction.  The prices have hit the four dollar a mark and above.  The national average is at $3.80.

 

Switch to our mobile site