After Four Years of President Obama, Gasoline Prices Still Rising While Economy Continues to Sputter

WASHINGTON, D.C., September 10, 2012 - For the third time during the Obama Administration, gasoline prices are closing in on a national average of $4.00 per gallon, although many across the country are already paying much more. Since President Obama took office, gasoline prices have more than doubled from $1.84 per gallon to a painful $3.90 per gallon as of September 10, 2012.

Source: Energy Information Administration

With 23 million Americans looking for work, rising gasoline prices are continuing to hurt American families. Unfortunately many Americans will struggle to afford to drive to work or take their kids to school and be forced to forgo trips to see friends and family or go on vacations as rising gasoline prices not only make travel more expensive but also groceries and other everyday necessities.

The best way to decrease gasoline prices is to lessen America’s dangerous dependence on foreign countries for oil. Since taking office President Obama has repeatedly blocked efforts to increase American oil production by issuing a moratorium in the Gulf a Mexico, imposing a subsequent de facto moratorium, blocking 85% of America’s offshore from oil and natural gas production, canceling lease sales in the West, and delaying offshore permits.

House Republicans have offered a long list of bipartisan legislation to increase American energy production, create over a million new jobs, lower gasoline prices and grow the economy. Unfortunately, President Obama has opposed these bipartisan solutions and the Democrat controlled Senate has refused to act on these bills to create jobs, lower gasoline prices and increase America’s energy security.


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Contact: Jill Strait, Spencer Pederson or Crystal Feldman 202-226-9019