Obama blames high gas prices on Iran

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Obama blames high gas prices on Iran David Jackson USA TODAY March 24, 2012 For all the domestic political talk about high gas prices, President Obama says one major factor can be traced overseas: Iran. "Right now the key thing that is driving higher gas prices is actually the world's oil markets and uncertainty about what's going on in Iran and the Middle East," Obama said in an interview with AAA. "And that's adding a $20 or $30 premium to oil prices, and that affects obviously gas prices." Obama also cited Iran during his recent two-day western tour to discuss gas prices, and his "all-of-the-above" strategy that includes investment in new sources of energy. "The main reason the gas prices are high right now is because people are worried about what's happening with Iran," Obama said in Oklahoma. "It doesn't have to do with domestic oil production. It has to do with the oil markets looking and saying, you know what, if something happens there could be trouble and so we're going to price oil higher just in case." One major worry: the prospect of an Israeli attack on Iran's nuclear facilities, slowing the oil supply and spiking up prices even further. Obama and aides are working to dissuade Israel from a possible attack, asking it to give international sanctions more time to force Tehran into forgoing the means to make nuclear weapons.

Iran says its nuclear program is for peaceful energy purposes, not weapons, and that Israel and the United States are fear-mongering. AAA describes itself as "a non-partisan


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