Watch Obama Say He Prefers A Gradual Increase In Gas Prices

In 2008, Obama Said He Would Have Preferred A Gradual Increase In Gas Prices. Obama: “Well, I think that we have been slow to move in a better direction when it comes to energy usage. And the president, frankly, hasn’t had an energy policy. And as a consequence, we’ve been consuming energy as if it’s infinite. We now know that our demand is badly outstripping supply with China and India growing as rapidly as they are. So…” CNBC’s John Harwood: “So could these high prices help us?” Obama: “I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing.” (CNBC’s "Your Money, Your Vote," 6/10/08)

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  2. rncresearch posted this