Obama stated in June 2008 on CNBC that he had no problem with high gas prices he just wanted the price to rise slowly.
In September 2008 Obama's Energy Secretary, Steven Chu, told the Wall Street Journal “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.[roughly $8/gallon]”
It’s not surprise then that the average price of gas in American on Jan 19 2008 was $1.84 and it is now $3.72 and going up by the minute it would seem.
Keep in mind that high energy costs hit the poor and middle class the hardest, the 1% won’t even notice.
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