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Obama Energy Speech

February 24, 2012 by staff 

Obama Energy Speech, President Barack Obama said Thursday his Republican critics promising immediate lower gas prices are either uninformed or dishonest, and he pledged in a speech to University of Miami students to continue pushing for alternative energy sources.

Framing the issue as “one of the major challenges of your generation,” Obama said developing a broad-based energy policy incorporating all sources — oil, gas, nuclear, solar, wind and alternatives such as algae — would take years but was essential for the nation’s future economic well-being.

His speech came as gas prices soared around the nation, rising 3.3 cents nationwide overnight to $3.61 a gallon, according to AAA.

GOP presidential challenger Newt Gingrich and other Republicans complain Obama is bowing to foreign oil suppliers such as Saudi Arabia and the environmental lobby by not fully exploiting U.S. oil reserves.

At the Republican debate in Arizona on Wednesday night, Gingrich introduced himself by saying he had “developed a program for American energy so no future president will ever bow to a Saudi king again and so every American can look forward to $2.50 a gallon gasoline.”

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