“LOOK AT VIDEO BELOW”
WASHINGTON (AP) – President Barack Obama says vehicle fuel
economy standards set under his administration and better cars built by a
resurgent U.S. auto industry will save money at the gas pump over the long
term, a counterpoint to Republican criticism of his energy policy.
In his weekly radio and online address Saturday, Obama said
Detroit automakers are on track to build cars that average nearly 55 miles per
gallon by 2025, doubling current mileage standards.
“That means folks will be able to fill up every two
weeks instead of every week, saving the typical family more than $8,000 at the
pump over time,” he said. “That’s a big deal, especially as families
are yet again feeling the pinch from rising gas prices.”
During the past several weeks, Obama has been eager to
appear aggressive in the face of rising gasoline prices even as he reminds
audiences that there is no simple, immediate solution that will reverse the
current spike in prices.
“What’s happening in Detroit will make a difference.
But it won’t solve everything,” Obama said. “There’s no silver bullet
for avoiding spikes in gas prices every year.”
By drawing attention to the auto industry, Obama looked to
highlight both his efforts to improve fuel efficiency as well as his role in
helping rescue General Motors and Chrysler. He also reiterated his call to end
oil and gas company tax breaks and government subsidies that average about $4
billion a year.
Rising oil prices have become a concern at the White House,
where Obama aides worry they could hurt an economic recovery that has been
improving and also harm the president’s re-election prospects.
Oil prices typical rise in the spring, but they have spiked
to heights unseen at this this time of year, hastened by increased tensions
over Iran’s nuclear program. Gasoline prices reached $3.74 a gallon on Friday,
a record at this point in the calendar but still shy of the high point of $4.11
hit in July 2008.
In Saturday’s Republican address, Rep. Doc Hastings of
Washington said a meeting this week among Obama and House and Senate leaders
from both parties “provided a glimmer of new hope that the president and
the Democratic-controlled Senate may finally act on some bipartisan energy
bills” already passed by the Republican-controlled House.
Still, Hastings, the chairman of the House Natural Resources
Committee, faulted Obama for not doing more to increase domestic oil and gas
production, for opposing drilling on the Arctic National Wildlife Refuge, for
blocking a Canada-to-Texas oil pipeline and for imposing regulations on energy
producers.
“The president, who campaigned on a promise to address
rising gas prices, now talks as if they’re largely beyond his control,”
Hastings said.