It seems like a better backtrack would be to say the right time to raise gas prices is when the economy is strong:
Energy Secretary Steven Chu on Tuesday disavowed his 2008 comments about increasing gas prices to European levels, remarks that Republicans have pounced on in recent weeks.
“I no longer share that view,” Chu said during a Senate Energy and Natural Resources Committee hearing, adding that he wants to lower gas prices.
Chu, who just four years ago talked of boosting the price of gasoline to the levels of Europe, on Tuesday said higher gas prices could slow the economic recovery.
via thehill.com
Recent Comments