Lead Bullet
10 Ways Obama Could Reduce Gasoline Prices Now (redstate)
_Tulsa World_ headline:
#### Obama: No magic bullet to lower gas prices
> **WASHINGTON** — President Barack Obama says there is no easy answer to the
problem of rising energy prices, dismissing Republican plans to address the
problem as little more than gimmicks.
>
> “We know there’s no silver bullet that will bring down gas prices or reduce
our dependence on foreign oil overnight,” Obama said Saturday in his weekly
radio and Internet address. …
>
> Obama said Republicans have one answer to the oil pinch: Drill.
>
> “You know that’s not a plan, especially since we’re already drilling,” Obama
said, echoing his remarks earlier in the week. “It’s a bumper sticker.”
Speaking of bumper stickers, remember “Yes We Can”, Mr. President? No one
understands the concept better than the oil and gas industry. The main thing
holding domestic energy companies back from making a stronger commitment to
future domestic supplies is _uncertainty_. Capital hates uncertainty, avoids
it like the plague. Your rhetoric may appease your doctrinaire base, but it
makes domestic energy producers hold back, fearful that you will punish their
success, or that you will change the rules on them in the middle of the …
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