Page 12 - 11 13 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Things and cars that are economically feasible. and i support biofuels and natural gas. and i believe in flex fuel vehicles and you have an amazing cars and trucks on the road that are gasoline and diesel. i have a 2.50 as a maximum price and people go to newt.orgthey will see a 30 minute speech where we outline step by step to do it. it was 1.89 when she was worn n and 1.13 when i was speaker. we are not trying to get a fanciful price. we are talking about policy. his policy is anti-american development of energy and my policy would be pro american development of energy. >> part of the proble...

Is it practical? first of all, you can tell them to go to newt.org, we have an entire 30-minute speech which outlines why it is doable and it's practical. i wrote a book called "drill here, drill now," we did a movie called "we have the power." this is clearly doable. but in addition, i point out three numbers today, the prizes of gasoline when i was speaker was $1.13. the price of gasoline when barack obama became president was $1.89 all of this increase has policies. we have developed so much natural gas that the supply is outrunning demand.

To translate that as a percentage decline and this is by the way, with an 11% increase in production. they haven't doubled it or got tone 25% yet. but an 11% increase of production suddenly changed the whole equation of supply and demand. now, if you had the same experience with oil... you would end up at $1.13, what it was when i was speaker. so $2.50 is a long way from a radical number. $2.50 is a practical, cautious, doable number. and my goal over the next few weeks is to drive home to every american, we don't have to be trapped in a department of anti-energy. we don't have to be trapped w...

$2.86. translate that as a percentage decline and this is by the way within an 11% increase in production. they haven't doubled it, they haven't gotten to 25% yet. in 11% increase in production, suddenly changed the whole equasion of supply and demand. now, if you had the same experience with oil, you would end up at $1.13, what it was when i was speaker. 2.50 is a long way from a radical number. 2.50 is a practical, cautious, doable number. and my goal over the next few weeks is to drive home to every american we don't have to be trapped in a department of anti-energy, we don't have to be tra...

Said your $2.50 a gallon for gas is pandering and he did it in georgia, he said it. what's your reaction? >> look, if you're mitt romney and you're rich enough, maybe you don't get it. $2.50 a gallon gasoline is more than responsible. it was $1.13 when i was speaker. it was $1.89 when barack obama was sworn in as president. a national energy independence program would certainly bring down the cost of gasoline dramatically. i mean, if romney wants to run as a candidate of high priced gasoline, that's fine with me. we'll lump him in with barack obama which is the same as romney care and obama ca...