Monday, October 15, 2012

Obama faces dilemma over gas prices as presidential campaign hits homestretch!

the hill ^ | 10/14/2012 | By Ben Geman

President Obama faces a dilemma as Mitt Romney bashes him over high gasoline prices in the final weeks of their close race.
Obama must decide whether to address the attacks head-on, or stay the course on a messaging strategy that has recently been addressing prices indirectly.
Democratic strategists and other experts argue that three weeks before voters go to the polls, Obama should steer clear of big messaging or policy pivots on gas prices.
“Bringing the issue up this close to Election Day would be self-defeating at this point,” said Paul Bledsoe, an independent consultant who was a climate change aide in the Clinton White House. Dramatic action on energy appears unlikely before the election even as the campaigns tweak their closing arguments.
White House officials have said in recent months that a release from the nation’s Strategic Petroleum Reserve (SPR) is an option on the table. But speculation about the prospect has dimmed in recent weeks as oil prices have fallen off their summer highs that reached around $100-per-barrel in mid-September.
(Excerpt) Read more at thehill.com ...

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