Very reassuring.
Via Beltway Confidential:
Will President Obama do something about high gas prices? No, argued Deputy White House Press Secretary Josh Earnest today.
Earnest insisted that there was no “short term solution” for cheaper gas, other than the president’s payroll tax cut and refused to discuss releasing oil from the Strategic Petroleum Reserves.
“If there was a magic wand you could wave, one of the presidents would have waved it,” said Earnest arguing that high gas prices were not a new problem.
“Anyone who says that they can wave a wand or plant the magic beans to lead to a reduction in oil prices is just not telling the truth,” he added.