×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: gingrich | gas | chu | economy | stephanopoulos

Gingrich: Obama's Secret Goal is $9 Gas

Sunday, 04 March 2012 03:47 PM EST

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

© 2022 Newsmax. All rights reserved.


156
2012-47-04
Sunday, 04 March 2012 03:47 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

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
Download the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved