Newt: Obama’s ‘Goal’ Is To Make Gas Prices Rise To $8 Or $9

Newt Gingrich claimed Sunday that President Obama wants gas prices to rise to $8 or $9 dollars.

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 said on ABC’s This Week. “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. 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.”

Gingrich didn’t clearly explain why the President would want that to happen.

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Sahil Kapur is TPM's senior congressional reporter and Supreme Court correspondent. His articles have been published in the Huffington Post, The Guardian and The New Republic. Email him at sahil@talkingpointsmemo.com and follow him on Twitter at @sahilkapur.
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