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Yesterday, was the idea that there are magic solutions, that you can put forward a proposal to cut the price at the pump in half, you know, on a piece of paper with a couple of magic bean, it's just not realistic. >> reporter: last year, amid another price spike, the administration announced the creation of an oil and gas price fraud working group. we've heard little from it since its creation. republicans continue their criticism of the president's energy strategy. senator john cornyn of texas said in a statement that an all of the above energy strategy starts with signing off on the keystone...

Gasoline at $2.50 a gallon. you like $2.50 gasoline per gallon, and you like being free of the saudis, you have a candidate. >> there are no magic solutions to rising oil prices and the pain that americans feel at the pump. >> so how much will gas prices fuel the outcome of the 2012 election? our policy reporter annie joins us. thank you for being here. >> thank you for having me, greta. >> the prices always other prize ruiz in the spring but is this faster than normally some. >> absolutely. right now we would be in a seasonal low point for gas prices but they are already very, very high given...

>> that brings us to president obama. you believe that he wants to see more expensive gas, you have said? >> of course, he does. his policy has been outrageously anti-american energy. the high price of gasoline is a direct result of obama. >> he said outrageously? he loves his adverbs. there are no magic solutions to rising oil prices and the pain that americans feel at the pump. this is a -- the fact is that the president is very aware of the impact that the global price of oil has on families, and this is not something that this administration discovered or rediscovers every spring as some p...

Gasoline at $2.50 a gallon. you like $2.50 gasoline per gallon, and you like being free of the saudis, you have a candidate. >> there are no magic solutions to rising oil prices and the pain that americans feel at the pump. >> so how much will gas prices fuel the outcome of the 2012 election? our policy reporter annie joins us. thank you for being here. >> thank you for having me, greta. >> the prices always other prize ruiz in the spring but is this faster than normally some. >> absolutely. right now we would be in a seasonal low point for gas prices but they are already very, very high given...

Is a way to acknowledge the obvious, that voters are upset about high gas prices. the president will layout details of what congress can do to avoid this regular cycle of spikes in gas prices. white house president obama secretary jay carney suggested yesterday that the president is motivated by long-term policy while others are motivated by politics. >> there are no magic solutions to rising oil prices, and the pain that americans people at the pump. the fact is, is that the president is very aware of the impact that the global price of oil has on families, and this is not something that this...