
WASHINGTON, Feb. 29 (UPI) -- White House press secretary Jay Carney Wednesday backed away from saying President Obama could promise a return to cheaper gasoline at U.S. gas stations.
Asked in a news briefing if Obama agreed with Energy Secretary Stephen Chu's recent testimony that the administration's energy policy "is not to lower prices," Carney said the goal was to "enhance American energy independence."
At the same time, he said repeatedly that it would be an insult to the American public's intelligence for the president to pledge a certain price at the gas pump.
"The president is not focused on a policy and is not making promises to the American people that, if I do this, you will be paying a certain price at the pump, because he is not insulting the American people's intelligence," Carney said.
"His commitment is to pursue a policy that enhances American energy security and enhances American energy independence, and that the only way we can insulate ourselves in the future from the kind of shocks caused by fluctuating oil prices on the global market is to do just that," he said.
|
|
|
|
|
|
| Additional Business News Stories | |
BRUSSELS, May 22 (UPI) --
The European Union will carefully weigh the risks of shale gas development this year but also needs to stem high energy prices, the EU's energy chief says.
|
SANTIAGO, Chile, May 21 (UPI) --
More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption