If only he was this worried about gas prices when he nixed the Keystone pipeline.
(CNSNews.com) — “The fight is beginning to turn our way,” President Obama said on Tuesday, as he urged the American people to keep up the pressure on congressional Republicans to extend the payroll tax cut.
Failure to do so, the White House says, will cost the average American worker $40 a month, or $1,000 a year.
Obama said Americans will need the $40 to fill their tanks as gasoline prices rise:
“And when gas prices are on the rise again — because as the economy strengthens, global demand for oil increases — and if we start seeing big increases in gas prices, losing that $40 could not come at a worse time.”
According to some reports, gasoline prices could reach $4 or more a gallon by summer — just months before the presidential election, making prices at the pump an unwelcome campaign issue for the president.