GasBuddy News Article

votes

Newt Unveils Plan for $2.50 Gas to Kickstart Campaign Comeback

NewsMax -- Republican presidential candidate Newt Gingrich is focusing his campaign comeback bid on a bold new energy program designed to lower fuel prices and bring down the cost of gasoline to just $2.50 a gallon.

The former House speaker’s campaign has announced that it will be purchasing 30-minute blocks of time in key markets between now and Super Tuesday to air an address by Gingrich on the subject of lowering gasoline prices, creating jobs, and achieving energy independence.

“Americans have every right to demand $2.50 gas — we are an oil-rich country,” Gingrich tells Newsmax.

“My plan will have the price of gasoline at $2.50 a gallon so that Americans aren’t penalized every time they go to the pump.”Read more on Newsmax.com: Newt Unveils Plan for $2.50 Gas to Kickstart Campaign Comeback

Read the Full Article

Submitted Feb 24, 2012 By: JeffNStef

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Newt Unveils Plan for $2.50 Gas to Kickstart Campaign Comeback	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

SavingInNC Champion Author North Carolina Posts:5,767 Points:1,089,465 Joined:Oct 2006	Message Posted: Feb 25, 2012 11:54:22 AM Ignore SavingInNC Report Abuse Go NEWT
remay Champion Author Houston Posts:6,943 Points:2,113,390 Joined:May 2006	Message Posted: Feb 25, 2012 11:47:10 AM Ignore remay Report Abuse "... we are an oil-rich country..." LOL! Only from a politician... If he only KNEW the facts...
Mark8601 All-Star Author Bakersfield Posts:913 Points:378,765 Joined:Dec 2011	Message Posted: Feb 25, 2012 12:09:26 AM Ignore Mark8601 Report Abuse Yah ok and I'm sure he will invest his own money in this venture. NOT! Jeez they say anything for a vote. Whoever believes this is a lamb.
RonTheRunner77 Veteran Author Michigan Posts:343 Points:119,115 Joined:Dec 2011	Message Posted: Feb 25, 2012 12:06:08 AM Ignore RonTheRunner77 Report Abuse any politician who claims to be able to control the markets is either a fool or takes the public for fools
jjjleblanc Champion Author Rochester Posts:5,853 Points:1,515,025 Joined:Jun 2008	Message Posted: Feb 24, 2012 10:12:12 PM Ignore jjjleblanc Report Abuse Sounds a little desperate.
DanMtz Champion Author Oakland Posts:3,335 Points:1,239,425 Joined:Oct 2009	Message Posted: Feb 24, 2012 9:15:25 PM Ignore DanMtz Report Abuse Newt's desperate.
PhilMils Champion Author Virginia Posts:6,254 Points:1,185,665 Joined:Dec 2008	Message Posted: Feb 24, 2012 8:55:47 PM Ignore PhilMils Report Abuse Newt is only about improving the last four letters of his last name.
joekayak All-Star Author Massachusetts Posts:833 Points:720,080 Joined:May 2010	Message Posted: Feb 24, 2012 8:20:54 PM Ignore joekayak Report Abuse I'd like to have some of that stuff that Newt is smoking.
Tacodan Champion Author Cincinnati Posts:2,295 Points:650,210 Joined:Apr 2011	Message Posted: Feb 24, 2012 7:46:11 PM Ignore Tacodan Report Abuse Time to give Newt a KICKSTART in the pants !
MidNJ Champion Author New Jersey Posts:7,536 Points:1,169,685 Joined:Sep 2009	Message Posted: Feb 24, 2012 7:18:17 PM Ignore MidNJ Report Abuse In order to have any impact on gas prices Newt would have to dictate to the gas and oil companies that they can not sell their product to other countries that bid a higher price. This will never happen, and if it did it should be called "Socialism". Gee is Newt really a Socialist in disguise?
PathfinderSC Champion Author South Carolina Posts:9,496 Points:1,826,640 Joined:Mar 2008	Message Posted: Feb 24, 2012 6:43:24 PM Ignore PathfinderSC Report Abuse I will agree Gas is way to high, But I would like $2.50 gas as much as anyone. But Newt is dreaming.
wendyAZ Veteran Author Phoenix Posts:419 Points:194,810 Joined:Mar 2010	Message Posted: Feb 24, 2012 6:36:14 PM Ignore wendyAZ Report Abuse While I don't know if $2.50/gal is feasible, I do believe that if we took the restrictions off oil and gas drilling in the US, the price would come down. Also think he's right about all the attendant benefits it would bring for our country, our work force, our seniors on fixed incomes, our balance of trade. We need more creative ideas like this, folks, so let's not shoot the messenger.
ziyulu Champion Author Oklahoma City Posts:8,479 Points:1,598,875 Joined:Aug 2007	Message Posted: Feb 24, 2012 6:10:00 PM Ignore ziyulu Report Abuse RNCII from Michigan... May I remind you that the President's name is OBAMA without the bizarre embellishment. You needn't agree with him, in fact that you don't, could make this thread more interesting. However, as a citizen, you owe the office respect. Just the basic stuff you learned at home and teach your children now. Schoolyard puns belong in the schoolyard.
DarwinTheDog Champion Author Allentown Posts:4,210 Points:937,920 Joined:Jan 2009	Message Posted: Feb 24, 2012 5:41:53 PM Ignore DarwinTheDog Report Abuse What a joke. We can drill here all we want, but that has nothing to do with the cost of oil. The speculators will have the price at what ever they want. So they can put the price at $200 a barrel and we could drill all the oil that the world will need and still be paying over $5.00 a gallon. Newt needs to lay off the crack pipe.
teafortwo Champion Author Washington Posts:22,061 Points:1,381,090 Joined:Feb 2009	Message Posted: Feb 24, 2012 4:46:23 PM Ignore teafortwo Report Abuse BIG OIL & GAS love us Hang on, let me check. Files for Politics? Got it. Under Politics; files for Promises - Promises? Got it. Under Promises, Promises; file for Newt? Nope. So, I will make a Newt file and add $2.50 gas promise to the folder. Done. Next? Good comments WonderfulMI and PDQBlues ;0} BIG OIL & GAS love us
des7902 Veteran Author Virginia Posts:385 Points:212,240 Joined:May 2011	Message Posted: Feb 24, 2012 4:24:38 PM Ignore des7902 Report Abuse Newt is looking for a new way to get votes. Sounds good, too good to be true or someone else would have already come up with this before now.
gvan Champion Author Chicago Posts:21,502 Points:2,832,290 Joined:Dec 2004	Message Posted: Feb 24, 2012 4:09:54 PM Ignore gvan Report Abuse "“Under President Obama, because he is so anti American energy, we have actually had a 40 percent reduction in development of oil offshore, and we have had a 40 percent reduction in the development of oil on federal lands." I'll believe what I read in the Wall Street Journal a great deal more than what Gingrich says or Newsmax reports. Here is from the 8/31/11 Wall Street Journal: “The figure reflects a huge surge in U.S. oil drilling, up nearly 60% in the past year and the highest total since at least 1987, when oil services company Baker Hughes Inc. began keeping track,” notes the WSJ.
Meowmy Champion Author Florida Posts:1,293 Points:347,255 Joined:Jan 2011	Message Posted: Feb 24, 2012 3:56:58 PM Ignore Meowmy Report Abuse Take OUR oil and gas off the futures market, cap prices, regulate the speculators and develop algae-based bio-fuels.
ktbaeohana Champion Author Las Vegas Posts:2,296 Points:420,700 Joined:Mar 2010	Message Posted: Feb 24, 2012 3:53:01 PM Ignore ktbaeohana Report Abuse Newt talk is cheap.
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Feb 24, 2012 3:27:43 PM Ignore VomVom Report Abuse He can definitely do it for a short period of time. He can ban gasoline export.
PDQBlues Champion Author San Diego Posts:7,054 Points:1,444,325 Joined:Jan 2009	Message Posted: Feb 24, 2012 3:19:29 PM Ignore PDQBlues Report Abuse Hurray for Gingrich! We all need a good laugh, and you always manage to come through. And WonderfulMI, good post. And good insight, DOS.
WonderfulMI Champion Author Michigan Posts:11,628 Points:1,782,950 Joined:Jun 2008	Message Posted: Feb 24, 2012 3:06:45 PM Ignore WonderfulMI Report Abuse Go Newt! I was all for Michell Bachmann's $2.00 gas, but Newt's $2.50 gas sounds almost as good. Anyone who can promise cheap gas when the world market determine the price is MY KIND OF PRESIDENT!. Yeppers, he da man! What an idiot.
sdslim Champion Author Florida Posts:1,875 Points:1,707,085 Joined:Feb 2007	Message Posted: Feb 24, 2012 2:59:50 PM Ignore sdslim Report Abuse Desperate to get elected. Anyone should be able to see through this.
LEGION57 Champion Author South Carolina Posts:1,676 Points:283,110 Joined:Mar 2011	Message Posted: Feb 24, 2012 2:35:58 PM Ignore LEGION57 Report Abuse yeah NEWT!
bandannaman Champion Author New Jersey Posts:1,849 Points:365,610 Joined:Dec 2010	Message Posted: Feb 24, 2012 2:16:37 PM Ignore bandannaman Report Abuse I applaud his zeal but thsi won't happen.
playtimeCLE Champion Author Cleveland Posts:8,540 Points:1,540,375 Joined:Nov 2008	Message Posted: Feb 24, 2012 2:13:13 PM Ignore playtimeCLE Report Abuse Like it or not we live in a global economy. Drilling here alone, will not fix the problem. Settling the middle east down will do its share to help. But that's going to take time if its possible. This is a multi sided problem & attacking all sides at once may be the only way to fix things.
DOS All-Star Author Illinois Posts:668 Points:929,995 Joined:Feb 2003	Message Posted: Feb 24, 2012 2:13:03 PM Ignore DOS Report Abuse I thought at first that Newt was planning to Drill for Oil at his proposed MOON base. I see his plan is to Drill our way to Freedom. But Newt doesn't mention how he intends to make the Oil price per barrel in the US cheaper than the price per barrel in the rest of the world. Nice Pipe Dream there Newt! [Edited by: DOS at 2/24/2012 1:14:01 PM EST]
kag2010 Champion Author Winnipeg Posts:5,239 Points:1,016,735 Joined:Apr 2010	Message Posted: Feb 24, 2012 2:09:39 PM Ignore kag2010 Report Abuse Oh !!
northeast2 Champion Author New York Posts:3,849 Points:1,007,200 Joined:Mar 2008	Message Posted: Feb 24, 2012 1:53:40 PM Ignore northeast2 Report Abuse There's only one problem. If the plan includes leasing mineral rights on federal land to oil drillers, the drillers still own the oil. The federal government will have to impound the oil, direct its refinement in the USA, and make sure the product is sold for distribution in the USA. And it's going to have to make sure that all of the oil on federal land can profitably extracted to be sold at a refined retail price of $2.50/gal. If the oil companies can't make a profit from federally leased oil wells at $2.50/gal retail, why would they drill? The Republican mantra is the free market. This is a call for price controls and impounding private property (the extracted oil). Callista, check on your man: he's got something going on the side with Michele Bachmann. [Edited by: northeast2 at 2/24/2012 1:00:29 PM EST]
doeslayersr Champion Author Illinois Posts:9,087 Points:868,005 Joined:Dec 2010	Message Posted: Feb 24, 2012 1:49:51 PM Ignore doeslayersr Report Abuse Newt needs to hang it up and give his support to Rick Santorum.
RNCII Champion Author Michigan Posts:2,470 Points:639,290 Joined:Jun 2011	Message Posted: Feb 24, 2012 1:49:27 PM Ignore RNCII Report Abuse Build the Keystone XL pipeline that would be a good start. Put the leash back on the EPA would help too Getting rid of the Obama energy policy would also help. Newt could make that happen without a doubt. NoBama 2012.
glorioussnookie Champion Author Tennessee Posts:3,761 Points:699,370 Joined:Feb 2010	Message Posted: Feb 24, 2012 1:39:22 PM Ignore glorioussnookie Report Abuse Oh I so believe Newt! he also plans on having colonies on the Moon and regular flights to Mars by 2020! This is true Buddies he actually said this when he was in Florida and it was telecast on ABC news! Sorry Newt! I live in the Real World!!! Where is your world Newt???
BIGOILEATURCRUD Champion Author North Carolina Posts:5,740 Points:1,374,500 Joined:Nov 2008	Message Posted: Feb 24, 2012 1:36:05 PM Ignore BIGOILEATURCRUD Report Abuse Newt already has a supplier from Mars locked on for $2.50/gal.
Cothrom Champion Author South Carolina Posts:1,741 Points:721,680 Joined:Sep 2005	Message Posted: Feb 24, 2012 1:27:13 PM Ignore Cothrom Report Abuse Good ole Newt!