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Obama: We can’t afford a situation where speculators reap millions while millions of American families get the short end of the stick.
Obama: We can’t afford a situation where speculators artificially manipulate markets by…creating perception of shortage…
Obama: We pay more at the pump every time there’s instability in the east, growing demand in places like China, India.
Obama: As I’ve said repeatedly, we use more than 20% of the world’s oil, have only 2% of the oil reserves.
Obama: Under my administration, America is producing more oil than it has in the last eight years.
Obama: I think everybody understands that there are no quick fixes to this problem (rising gas prices).
Obama: When gas prices go up, it’s like an additional tax that comes right out of your pocket.
Obama: Rising gas prices mean a rough ride for a lot of families…you have to be able to fill up that gas tank.
NOW LIVE: President Obama making statement on oil market – http://t.co/GXz25vy1
In case you missed it: A Storify on the best Space Shuttle Discovery flyover images, from Fla. to DC – http://t.co/2AegfPOc
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