Summary

Barack Obama/Podcasts A Real Solution for High Gas Prices

Now's the time to call for innovation and sacrifice from those institutions that can make a difference: the auto industry, the oil industry, the federal government.
The first place to start is with cars. We've got to build cars that use less gasoline. The auto industry hasn't been asked to raise fuel-economy standards in seventeen years and frankly, lately Republicans and Democrats seem to have stopped asking. Today, we've got no choice. Starting in 2008, we should raise CAFE standards (that's the fuel-efficiency standards on cars) a modest 3 percent a year.
Source: Wikisource

Barack Obama/Podcasts A Real Solution for High Gas Prices

Point number two: we should just replace the use of oil altogether as America's fuel of choice. This doesn't mean singing the praises of ethanol, and hoping that it finds its way into our fuel supply on its own. It means taking some serious steps now to put a national bio-fuel infrastructure into place. Already some cars on the road have flexible fuel tanks necessary for them to run on E85, which is a cheaper, cleaner blend of 85 percent ethanol and 15 percent gasoline. But millions upon millions of cars still don't have these tanks.
Source: Wikisource

Barack Obama/Podcasts A Real Solution for High Gas Prices

The other day I went to the gas station. Gas was $3.08 a gallon in the station where I stopped. It is rough on Americans across the country right now. Chicago has some of the highest gasoline prices in the country. I'm fortunate that I am able to afford spending $50 on a tank of gas; there are a lot of families out there that can't. People who have to drive to work long distances, people who don't have the money to buy more fuel-efficient cars right now and they've seen their standard of living drop substantially as a consequence of higher gas prices.
Source: Wikisource

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