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Barack Obama Can't Do Much About Gas Prices

March 12, 2012 RSS Feed Print

Wouldn't it be great if gasoline prices were down to $2.50 a gallon? Even those of us who don't have cars are affected by high (by U.S. standards) gas prices, since so many things—air travel, the cost of transporting food and other goods—is affected by the cost of gas. And wouldn't it be great if the president could just make it happen?

Unfortunately, the president can't make gas prices drop on his or her own, or it would have been done already. Despite GOP speculation that President Obama actually wants gas prices to be prohibitively high to encourage people to conserve energy, the president—as he pointed out in his recent news conference—would have to be bent on career suicide to wish for higher gas prices in an election year.

[See a collection of political cartoons on gas prices.]

Newt Gingrich is hardly alone in making promises he can't keep; presidential candidates in both major parties (including Obama in 2008) do that. Most of us understand that the promises are largely aspirational, that they are indicators of the vision the candidate has for the country (lower taxes, controlling global warming, universal healthcare), and not really items anyone can promise to deliver. Gingrich, as a former Speaker of the House (and third in line to the presidency) should know better, since he was on the front line of the battles between the executive and legislative branches. But with the current, persnickety Congress, the chances of achieving campaign promises—for anyone—are even lower.

[Read the U.S. News debate: Is Obama to Blame for High Gas Prices?]

The frustrating truth for presidents is that they actually have nowhere near as much power as people assume. And what's unfair is that the public, as well as political foes who know how government works, expect the president to wave a wand and make all sorts of things happen that are either beyond his control or subject to rejection by the legislative or judicial branches. GOP candidates point out that it is the private sector that creates jobs, and that is largely true. But they also blame Obama for the high unemployment rate, and voters in need of a bogeyman do the same. Gasoline prices are even less in the control of the president, since pricing trends are affected by a myriad of factors, including foreign politics. Domestic issues are also subject to dismissal or amendment by Congress, and there's little the president can do to get around it. The one thing the president can do, since he is commander-in-chief, is to bomb another country—and even that is, technically at least, subject to congressional approval. Once military action is undertaken (with or without a direct authorization from Congress), there's no guarantee that the aftermath will go as hoped, as we have seen in the Middle East.

Gingrich is seeking to hold the most powerful position in the country. If he succeeds, he may find out how limited his power really is.

Tags:
gas prices,
Obama administration,
Newt Gingrich

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he hasn't been able to do much about anything but deficits that are going through the roof. Stop spending Obama you are killing the future for our kids and grandkids.

John of MA 5:45AM March 17, 2012

Friend Larry of CA-You say tomato I say tomatoe, you say enviromental extremists, I say greedy energy companies. I remember the Bush years. Within his first two weeks, Cheney huddled with all his energy buddies, in a secret meeting to discuss energy, not a single environmentalist was included. We all have our interest groups that support their parties. I wouldn't say Obama was in the greenies pocket though. They have butted heads.

Compromise is not a dirty word, not compromising is just another way of saying, nothing will ever get done. I wouldn't say I was an environmentalist, but I do want safeguards to prevent more gulf oil spills. Imagine if that had happened in the Artic and their frigid temps? O.k. with me if you want to drill in ANWAR, but drilling in these areas are long-term, nothing can be done in the short-term to lower these gas prices.

So, GB43 opened up more drilling and we still have high oil prices? I guess there's not much of a correalton then? Get used to it, even with more drilling, prices are bound to go up....supply and demand you know. When I retire, I'm buying a horse and buggy.

bing of AL 8:39PM March 14, 2012

bingof AL, it's not just obama, it is the entire leftwing environmental extremists that have prevented this country from developing our resources. I can't help it if they get most of their support from the democratic party and people like obama and pelosi.

If you recall President Bush tried to work out a deal with the democrats on an energy plan, but they want no part of it, and by the way he did open up more drilling when prices rose.

I personally think that history will show that the biggest failures of President Bush’s administration was they worked with and compromise with the democrats.

Larry of CA 10:26AM March 14, 2012

Susan Milligan

Susan Milligan

Susan Milligan is a political and foreign affairs writer and contributed to a biography of the late Sen. Edward M. Kennedy, "Last Lion: The Fall and Rise of Ted Kennedy." Follow her on Twitter @MilliganSusan.

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