[Peakoil] Obama urges oil producers to increase output

[Jenny Goldie]

Obama urges oil producers to increase output
President Barack Obama on Tuesday urged world oil producers to lift crude output, as he sought to deflect public anger over high gasoline prices that has hurt his popularity among voters. U.S. motor fuel prices have become a heated political issue after pushing toward $4 a gallon. Gasoline futures hit 33-month highs on Tuesday. The rising prices at the pump are fueling voter discontent with Obama's leadership, opinion polls show, and could harm his re-election chances in 2012. "They need to increase supplies," Obama told CBS affiliate WTKR in Hampton Roads, Virginia. "We are in a lot of conversations with major oil producers like Saudi Arabia," he separately told WXYZ television in Detroit.
http://www.enn.com/energy/article/42628
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