0
We don't know yet for sure but his energy advisor, Steven Chu, has said numerous times that gas prices should be increased to help "curb global warming".
In the summer of 2008, Chu stated that we needed to raise the tax on gas to get it to be the price of gas in Europe to make people drive less. The price of gas was $8 a gallon in Europe at the time.
Whether Obama would attempt such a strategy is unknown. Obama has never said he wanted gas prices to be lower, even dismissing eliminating the gas tax during times of high priced gas.
Obama most likely will increase gas prices, but not to the extent Chu advises.
be looking for the $5.00 gallon gas this summer, the change occurring in May.
What else can I help you with?
What important thing did Barack Obama attend to do?
He attended to lower gas prices
How is obama going to lower gas prices?
He wont.
When Obama was president elect did the prices for gas go up or down?
In June-July 2008, under President Bush, gas prices reached a high of $4.11 a gallon. By the time Barack Obama was elected in November, the prices had already begun to decline, such that a gallon of gas was $1.84 not long after Mr. Obama's inauguration. But this did not last. The cost of gas soon went up, and remained high for a while. However, as often happens, prices then began to decrease: depending on world supply and demand, they continued to fluctuate throughout the next several years. The same situation occurred under both Presidents Bush and Clinton, with prices trending drastically up, then coming down gradually.
What will happen to gas if Barack Obama is reelected?
The same thing that occurs under nearly all modern presidents: prices will continue to fluctuate. Sometimes, they will rise, and at other times, they will decline. There are many factors in what influences gas prices, and who is in the White House is not the main determinant.
What are some changes Barack Obama will do for the state?
hev will make a better gas prices,beetter aconmey,and move people off the streeets, ha!!!! not in this lifetime he will make us go boom!
What is good gas mileage for a SUV?
13-18 is acceptable. Barack Obama will save the world42
What does Obama say about gas prices?
obama says that he will be decreasing the gas price and there will be no added tax to it especaily our taxi drivers will be getting gas at a lower income price
Does Barack Obama or Mitt Romney want to increase US oil and gas production?
Mitt Romney.
What is something Obama wanted to change when he was president?
Barack wanted to change, first off, health care problems and I think the major issues was like financial problems or any thing dealing with money {like gas prices.} BY:SIMONE
What does Obama say about Mitt Romney and the issue of foreign policy?
maybe of the gas prices
Why are gas prices going up everyday?
Because oil prices are going up so gas companies have to raise their prices so they can make a profit and not go bankrupt.
Is the president going to change the gas prices?
Since when did the president control the gas prices? The President can't control the gas prices. The only way the gas prices will go down is when gas companies can buy the gas for less.
