obama no simple solution to gas price increase
Last Updated : GMT 15:30:33
Arab Today, arab today
Arab Today, arab today

Obama: No simple solution to gas price increase

Arab Today, arab today

Arab Today, arab today Obama: No simple solution to gas price increase

Washington - QNA

US President Barack Obama has warned that there was no easy solution to the soaring gas prices, a challenge currently facing the United States. Gas prices have been steadily increasing, gaining 0.4% to $108.26 in early trading Friday, rising 3.3 cents nationwide overnight to $3.61 a gallon, according to CNN. In Florida, average gasoline prices have risen to $3.69 per gallon. US President Barack Obama has warned that there were no \"silver bullets\" for bringing gas prices down quickly. In a speech at the University of Miami, Florida, the president defended his energy policy and commitment to clean energy. Obama explained Thursday that his Republican critics promising immediate lower gas prices were either uninformed or dishonest, and he pledged to continue pushing for alternative energy sources. He criticized their three-point plan to \"drill our way out of the problem\", adding that it would be insufficient without a wider strategy. Addressing the university\'s students, the US President said that developing a broad-based energy policy incorporating all sources including oil, gas, nuclear, solar, wind and alternatives such as algae would take years but was essential for the nation\'s future economic well-being. Gus Faucher, senior economist at PNC Bank, said that events in Iran affect gasoline prices though that impact is typically delayed, trailing the effect on oil. \"It shows up almost instantaneously with oil prices, and it doesn\'t take much longer to show up with gas prices, just a few days,\" he said. Some experts have said that the US economy could begin to suffer if gas prices rise above $4 per gallon, predicting high relevance of the topic in election days.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

obama no simple solution to gas price increase obama no simple solution to gas price increase

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

obama no simple solution to gas price increase obama no simple solution to gas price increase

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Visit Jamaica for more than just sun

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today UN warns of conflict in Gaza

GMT 08:39 2017 Tuesday ,21 November

UN warns of conflict in Gaza
Arab Today, arab today Missouri problem mirrors woes

GMT 06:46 2017 Tuesday ,21 November

Missouri problem mirrors woes
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Fedra happy for “Between Two Worlds” success

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 00:54 2017 Monday ,20 November

Mideast in danger as London explores

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday