Obama: $2.50 a Gallon Gas Is a Lie

On Monday, reporter Greg Warmoth of WFTV asked President Barack Obama what he thought about the GOP claim popularized by Newt Gingrich that, if elected, the price of gas could be brought down to $2.50 a gallon.

‘Your opponents say they can get gas to the $2.50 range. What do you think Americans should be OK with?” Warmoth asked.

Mr. Obama responded:

“First of all, nobody believes that. They know that’s just politics. Anybody who says we can get gas down to two bucks a gallon just isn’t telling the truth.”

In the interview, Mr. Obama conceded that voters will continue to hold him accountable for record-high gas prices, a subject he campaigned heavily on in 2008.

“Well look, as long as gas prices are going up, people are going to feel like I’m not doing enough, and I understand that,” Obama said.

So what’s the solution?

“Ultimately, though there’s no silver bullet. The way we’re going to solve this problem is what we talk about today in our energy report,” Obama said.

According to the New York Times, Mr. Obama’s approval rating is now in a free fall, registering just 41% approval and 47% disapproval.

As to the question of whether a president “can do a lot to control gas prices,” theNew York Times/CBS News poll found that 54% of Americans believe they can and 36% saying they can’t.