The French Prime minister, Francois Fillion suggested on Thursday that a deal was near among developed countries, including the United States, to tap strategic petroleum reserves to reduce gasoline prices.
"If we reach an accord with the other developed countries, we’ll draw on our stocks, push down the price for a limited time,” Mr. Fillon said.
Domestic political concerns on both sides of the Atlantic may be a factor in the current discussions. President Barack Obama faces a re-election in November, with gasoline prices at $4 a gallon or more in some states. In the Paris area, gas is at more than €2 a liter, or $10 a gallon.
These gas prices are ridiculous and I believe it is a good idea to do something about it. Obama has a lot of work to cut out for him to get those gas prices down, if he wants a chance in resuming presidency.
Twice in the Same Week!
1 hour ago
2 comments:
I agree that Obama should definitely do something about the gas prices. If he can change something or at least try to that would definitely help him in getting elected again.
I feel that if the United States works with other countries that are also getting hit hard by high gas prices, governments might be have more motivation to change something and fast before gas prices hit $6!
I also think that Obama should try to do something about gas prices. It is getting to the point where it is getting much too expensive to buy gas. However, I think that petroleum is only a short term answer. I know that alternative energy sources may not give as much power as gasoline, but it is still the best long term solution that we have. If we are able to utilize sources such as wind and solar power (at the present time water is not the best source either due to the lack of rain) it will be much more beneficial to us than if we just stayed on gasoline primarily. I know it takes time to switch, but if we don't start now, we are going to have a huge problem on our hands when gas is even less available than it is now. So tapping the petroleum reserves may be a possible short term solution, but it should not be the long term solution.
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