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Energy on Obama's Miami agenda

President Obama will talk about U.S. energy and the rising cost of gas when he jets to Miami on Thursday for an appearance at the University of Miami -- along with some fundraisers.

Senior administration officials told reporters that Obama will note that during his term domestic oil production has increased -- while imports have decreased. And they said Obama would outline some steps the U.S. could take to avoid what they said are periodic spikes in prices.

White House Press Secretary Jay Carney earlier in the day pushed back at suggestions the White House was to blame for the recent spike in prices.

"There are no magic solutions to rising oil prices," he said, noting that they're caused by a "variety of factors," including geopolitical unrest and rapid growth -- and demand for energy -- in India and China.

White House advisors said they picked the university because it offers an industrial energy-efficiency program for engineers.

-- LESLEY CLARK 

 

Comments

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Mannie

What, the price of gas STILL isn't high enough for him?

Jose

Mannie you boob the price of oil is set by international markets and barely affected by US actions due to our low level of extractable hydrocarbons.

fla

The oil companies are exporting a record amount of fuel, keeping domestic supply low.

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