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His secretary of energy, dr. chu, says he wants it to be. >> chris: mr. speaker, gas experts make two points. first of all, you pointed out that gasoline was $1.89 a gallon when president obama tooka office. they say that's misleading because it was the depths of the recession, so understandably gas price his gone down. six months before, it was $4.11 under president bush. the other point they make is that even if you were to begin a big onslaught ofde domestic drilling that it would take 3 to 5 years for that to result in more production, here domestically, which isn't to say we shouldn't sta...

Basis. we believe it could go with a year with expedited procedures 7,000 barrels a day in canada. i started opening up in louisiana and texas about 400 thousand barrels a day. they turned around fast once they knew it was coming. there are steps that you could take that would dramatically lower the price of gasoline. 2.50 a gallon is not irrational. it was 1.89 when obama was sworn in. it was 1.13 when i was speaker. you can image circumstances to get below 2.50. the key thing is, the direction i would take the country is towards developing our energy resources to be independent of the middle...

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...

If you were president of the united states, tonight, what would you be doing about gas policy? and what would those prices come down? >> well, gasoline was $1.13 a gallon when i was speaker. it was $1.89 when obama was sworn in. it is in california, about 4 today in some places. the fact is, 1; i would sign the keystone pipeline immediately to start canadian oil moving into the united states. 2; i would open up off-shore development off the gulf of mexico and in the trucks we see in alaska. 3; i would open up federal lands. the one great breakthrough has been north north dakota because it's on...

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