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Newt Unveils Plan for $2.50 Gas to Kickstart Campaign Comeback

NewsMax -- Republican presidential candidate Newt Gingrich is focusing his campaign comeback bid on a bold new energy program designed to lower fuel prices and bring down the cost of gasoline to just $2.50 a gallon.

The former House speaker’s campaign has announced that it will be purchasing 30-minute blocks of time in key markets between now and Super Tuesday to air an address by Gingrich on the subject of lowering gasoline prices, creating jobs, and achieving energy independence.

“Americans have every right to demand $2.50 gas — we are an oil-rich country,” Gingrich tells Newsmax.

“My plan will have the price of gasoline at $2.50 a gallon so that Americans aren’t penalized every time they go to the pump.”Read more on Newsmax.com: Newt Unveils Plan for $2.50 Gas to Kickstart Campaign Comeback


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Submitted Feb 24, 2012 By: JeffNStef
Category: Daily News Article Discussions > Topics Add to favorite topics  
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REPLIES (newest first) Post a Reply
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SavingInNC
Champion Author North Carolina

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Message Posted: Feb 25, 2012 7:54:22 AM

Go NEWT
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remay
Champion Author Houston

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Message Posted: Feb 25, 2012 7:47:10 AM

"... we are an oil-rich country..."

LOL! Only from a politician... If he only KNEW the facts...
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Mark8601
Champion Author Bakersfield

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Message Posted: Feb 24, 2012 8:09:26 PM

Yah ok and I'm sure he will invest his own money in this venture. NOT! Jeez they say anything for a vote. Whoever believes this is a lamb.
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RonTheRunner77
Veteran Author Michigan

Posts:343
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Message Posted: Feb 24, 2012 8:06:08 PM

any politician who claims to be able to control the markets is either a fool or takes the public for fools
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jjjleblanc
Champion Author Rochester

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Message Posted: Feb 24, 2012 6:12:12 PM

Sounds a little desperate.
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DanMtz
Champion Author Oakland

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Message Posted: Feb 24, 2012 5:15:25 PM

Newt's desperate.
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PhilMils
Champion Author Virginia

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Message Posted: Feb 24, 2012 4:55:47 PM

Newt is only about improving the last four letters of his last name.
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joekayak
All-Star Author Massachusetts

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Message Posted: Feb 24, 2012 4:20:54 PM

I'd like to have some of that stuff that Newt is smoking.
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Tacodan
Champion Author Cincinnati

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Message Posted: Feb 24, 2012 3:46:11 PM

Time to give Newt a KICKSTART in the pants !
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MidNJ
Champion Author New Jersey

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Message Posted: Feb 24, 2012 3:18:17 PM

In order to have any impact on gas prices Newt would have to dictate to the gas and oil companies that they can not sell their product to other countries that bid a higher price.

This will never happen, and if it did it should be called "Socialism".

Gee is Newt really a Socialist in disguise?
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PathfinderSC
Champion Author South Carolina

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Message Posted: Feb 24, 2012 2:43:24 PM

I will agree Gas is way to high, But I would like $2.50 gas as much as anyone. But Newt is dreaming.
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wendyAZ
Veteran Author Phoenix

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Message Posted: Feb 24, 2012 2:36:14 PM

While I don't know if $2.50/gal is feasible, I do believe that if we took the restrictions off oil and gas drilling in the US, the price would come down. Also think he's right about all the attendant benefits it would bring for our country, our work force, our seniors on fixed incomes, our balance of trade. We need more creative ideas like this, folks, so let's not shoot the messenger.
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ziyulu
Champion Author Austin

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Message Posted: Feb 24, 2012 2:10:00 PM

RNCII from Michigan...

May I remind you that the President's name is OBAMA without the bizarre embellishment. You needn't agree with him, in fact that you don't, could make this thread more interesting.

However, as a citizen, you owe the office respect. Just the basic stuff you learned at home and teach your children now. Schoolyard puns belong in the schoolyard.
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DarwinTheDog
Champion Author Phoenix

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Message Posted: Feb 24, 2012 1:41:53 PM

What a joke. We can drill here all we want, but that has nothing to do with the cost of oil. The speculators will have the price at what ever they want. So they can put the price at $200 a barrel and we could drill all the oil that the world will need and still be paying over $5.00 a gallon. Newt needs to lay off the crack pipe.
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teafortwo
Champion Author Washington

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Message Posted: Feb 24, 2012 12:46:23 PM

BIG OIL & GAS love us

Hang on, let me check.

Files for Politics? Got it.

Under Politics; files for Promises - Promises? Got it.

Under Promises, Promises; file for Newt? Nope.

So, I will make a Newt file and add $2.50 gas promise to the folder. Done.

Next?

Good comments WonderfulMI and PDQBlues ;0}

BIG OIL & GAS love us
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des7902
Veteran Author Virginia

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Message Posted: Feb 24, 2012 12:24:38 PM

Newt is looking for a new way to get votes. Sounds good, too good to be true or someone else would have already come up with this before now.
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gvan
Champion Author Chicago

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Message Posted: Feb 24, 2012 12:09:54 PM

"“Under President Obama, because he is so anti American energy, we have actually had a 40 percent reduction in development of oil offshore, and we have had a 40 percent reduction in the development of oil on federal lands."

I'll believe what I read in the Wall Street Journal a great deal more than what Gingrich says or Newsmax reports. Here is from the 8/31/11 Wall Street Journal:

“The figure reflects a huge surge in U.S. oil drilling, up nearly 60% in the past year and the highest total since at least 1987, when oil services company Baker Hughes Inc. began keeping track,” notes the WSJ.

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Meowmy
Champion Author Florida

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Message Posted: Feb 24, 2012 11:56:58 AM

Take OUR oil and gas off the futures market, cap prices, regulate the speculators and develop algae-based bio-fuels.
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ktbaeohana
Champion Author Las Vegas

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Message Posted: Feb 24, 2012 11:53:01 AM

Newt talk is cheap.
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VomVom
Champion Author Calgary

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Message Posted: Feb 24, 2012 11:27:43 AM

He can definitely do it for a short period of time. He can ban gasoline export.
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PDQBlues
Champion Author San Diego

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Message Posted: Feb 24, 2012 11:19:29 AM

Hurray for Gingrich! We all need a good laugh, and you always manage to come through.

And WonderfulMI, good post.

And good insight, DOS.
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WonderfulMI
Champion Author Michigan

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Message Posted: Feb 24, 2012 11:06:45 AM

Go Newt!

I was all for Michell Bachmann's $2.00 gas, but Newt's $2.50 gas sounds almost as good.

Anyone who can promise cheap gas when the world market determine the price is MY KIND OF PRESIDENT!. Yeppers, he da man!

What an idiot.
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sdslim
Champion Author Florida

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Message Posted: Feb 24, 2012 10:59:50 AM

Desperate to get elected. Anyone should be able to see through this.
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LEGION57
Champion Author South Carolina

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Message Posted: Feb 24, 2012 10:35:58 AM

yeah NEWT!
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bandannaman
Champion Author New Jersey

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Message Posted: Feb 24, 2012 10:16:37 AM

I applaud his zeal but thsi won't happen.
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playtimeCLE
Champion Author Cleveland

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Message Posted: Feb 24, 2012 10:13:13 AM

Like it or not we live in a global economy. Drilling here alone, will not fix the problem. Settling the middle east down will do its share to help. But that's going to take time if its possible. This is a multi sided problem & attacking all sides at once may be the only way to fix things.
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DOS
Champion Author Illinois

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Message Posted: Feb 24, 2012 10:13:03 AM

I thought at first that Newt was planning to Drill for Oil at his proposed MOON base.

I see his plan is to Drill our way to Freedom. But Newt doesn't mention how he intends to make the Oil price per barrel in the US cheaper than the price per barrel in the rest of the world.

Nice Pipe Dream there Newt!

[Edited by: DOS at 2/24/2012 1:14:01 PM EST]
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kag2010
Champion Author Winnipeg

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Message Posted: Feb 24, 2012 10:09:39 AM

Oh !!
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northeast2
Champion Author New York

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Message Posted: Feb 24, 2012 9:53:40 AM

There's only one problem. If the plan includes leasing mineral rights on federal land to oil drillers, the drillers still own the oil. The federal government will have to impound the oil, direct its refinement in the USA, and make sure the product is sold for distribution in the USA. And it's going to have to make sure that all of the oil on federal land can profitably extracted to be sold at a refined retail price of $2.50/gal. If the oil companies can't make a profit from federally leased oil wells at $2.50/gal retail, why would they drill?

The Republican mantra is the free market. This is a call for price controls and impounding private property (the extracted oil).

Callista, check on your man: he's got something going on the side with Michele Bachmann.

[Edited by: northeast2 at 2/24/2012 1:00:29 PM EST]
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doeslayersr
Champion Author Illinois

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Message Posted: Feb 24, 2012 9:49:51 AM

Newt needs to hang it up and give his support to Rick Santorum.
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RNCII
Champion Author Michigan

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Message Posted: Feb 24, 2012 9:49:27 AM

Build the Keystone XL pipeline that would be a good start.
Put the leash back on the EPA would help too
Getting rid of the Obama energy policy would also help.
Newt could make that happen without a doubt.

NoBama 2012.
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glorioussnookie
Champion Author Tennessee

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Message Posted: Feb 24, 2012 9:39:22 AM

Oh I so believe Newt! he also plans on having colonies on the Moon and regular flights to Mars by 2020! This is true Buddies he actually said this when he was in Florida and it was telecast on ABC news!

Sorry Newt! I live in the Real World!!! Where is your world Newt???
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BIGOILEATURCRUD
Champion Author North Carolina

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Message Posted: Feb 24, 2012 9:36:05 AM


Newt already has a supplier from Mars locked on for $2.50/gal.
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Cothrom
Champion Author South Carolina

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Joined:Sep 2005
Message Posted: Feb 24, 2012 9:27:13 AM

Good ole Newt!
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