“Ending Subsidies for Big Oil Companies”
President Obama's Weekly Address
As I’m sure you’ve noticed over the past few weeks, the price at your local pump has been going up and up. And because it’s an election year, so has the temperature of our political rhetoric. What matters most to me right now is the impact that rising prices have on you. When you’ve got to spend more on gas, you’ve got less to spend on everything else. It makes things harder. So I wanted to take a minute this weekend to explain what steps my Administration is taking when it comes to energy — most importantly, producing more of it…