Bachmann stands by $2 gasoline pledge

By Ben Geman – 08/22/11 01:11 PM ET

Rep. Michele Bachmann (R-Minn.) is doubling down on her vow to drive gasoline prices to less than $2 per gallon if she’s elected president, a pledge that 2012 GOP rival Jon Huntsman said isn’t rooted in the “real world.”

Bachmann drew attention last week when she pledged at a Tuesday campaign stop that “Under President Bachmann you will see gasoline come down below $2 per gallon again.”

On Friday, The Washington Times reported, Bachmannstood by her commentsin an interview with the paper’s radio affiliate.

 “The price of gasoline the day that Barack Obama took office was $1.79 a gallon,” she said in the Times account.“If the price of gasoline was $1.79 a gallon just two and three years ago, certainly we can get it back down to that level again. Why wouldn’t we be able to do that? We’re a ‘can-do’ America.”

U.S. policymakers have few tools to dramatically sway gasoline prices, which track crude oil prices that are set on world markets.

But Bachmann nonetheless laid U.S. gas prices — which reached a nationwide average of roughly $4 per gallon in May before falling back — at the feet of U.S. fiscal and energy policies.

“What Barack Obama has done is lock up America’s energy reserves,” she said.

 

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