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Is Obama leading on gas price issue?

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    Democratic Rep. Paul Tonko defends policies against Republican critics

  • Duration 4:43
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Very -- from the Obama administration that it feels the pain for you that Americans are feeling at the pump but some Republicans say.

The White House is all talk no action here's John corner from our program last hour.

The problem is you can't just listen to what the president and his administration say about oil prices you have to watch what they do.

And what they do have done is great.

Barrier after barrier to more domestic production of -- here in the United States.

While meanwhile what he's talking about -- the national average right now at three dollars and 81 cents a gallon that's up thirty cents from a month ago.

Seven.

One of them is with me now New York Democrat congressman Paul and good morning to you -- on the house subcommittee for energy and environment what do you want the White House producer.

Well basically.

What we're doing is witnessing the largest.

Domestic production that we've seen -- some eight years.

And so we would encourage that they continue.

In that pattern which the president has suggested he would do.

In terms.

In terms of demand we have seen -- all time low since 1997.

So I think that relationship of domestic supply and demand is where everybody wants to take us we have to remember -- the president knows this and everyone has to acknowledge.

That no one leader can adjust -- world -- price for oil.

And these gasoline prices are driven by a cartel and international cartel.

Where the president so I think can be support -- -- is supportive is looking at speculate.

You know he put his signature to what bill.

That to legislation that.

Restricts the sort of speculating that the market can do.

With the commodity of oil and it's why I put my name to a letter with some colleagues -- The yet commodity futures -- commission.

To enact implement that law make certain that the -- that the restrictions are in play so speculating which is adding nearly sixty cents to the gallon.

Is not allowed to continue.

And I think the president is there with us and that's what we're encouraging the CFTC to do it is -- again with his signature on that legislation -- it.

Our -- the American people would disagree with that because they -- the president has a lot of authority neutral when it comes to gas prices.

There is a New York Times for the K -- two days ago about 54% say yes he does have the power what Republicans argue.

Is that this administration is in the way the part of the problem not the solution here's senator morass -- -- that I want to play this -- you react to.

-- -- The president has been a complete obstructionist on that.

And his his energy policy if you want to even call -- a policy.

Has in my opinion actually contributed not cause the pain at the -- you should be hold held fully responsible for what the American public is paying for gasoline now what is the Dem.

Credit reaction.

That.

I think that again the statistics don't lie they tell you that -- up with a production here the United States.

-- -- an eight year would you know it's the best record in the last eight years.

I think also what we when you talk about pain at the pump.

There's legislation I introduced with that label and it says that we take the four.

Billion dollars that we give annually.

In subsidies to this rich profit rich industry.

Perhaps the richest in the history of capitalism and do what -- that well take those subsidies and make certain that we create.

Alternative choices to gasoline that you use -- that's another candidate didn't matter.

I think we need to encourage with the intellectual capacity of this nation.

Alternative supplies or are we what -- upset diss anybody's calories whether they're an oil companies are -- profit rich industry.

Part of -- why subsidize any of these -- we have -- oil companies are Green and well and we get you've seen examples that I I don't have already -- on the Green energy side.

I think we have to spur the development of alternative technologies we don't take a bad example and stop good policy.

What we do is encourage the alternatives we should have done it decades ago we didn't.

This president is showing the leadership I think they'll be alternatives the cartel will control the price the more we supply and we're supplying work export.

We're supplying.

Where in -- okay less than 50% now I don't hear you pointed a -- what people want done we've been drilling and we've been reducing demand.

At three dollars and 81 cents a gallon you know it is a top priority for every American.

Every time they pulled that pump I appreciate you coming on today Paul talk as a Democrat from New York so we'll catch -- -- -- real soon okay thank you.

Thank you --

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