No Magic Bullet for Gas Prices, says President

President Obama this week called for an end to current subsidies to oil and gas companies. He said those industries get $4 billion each year from taxpayers.

Mary Silver

4/24/2011|Updated: 10/1/2015

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/112706138.jpg" alt="In this April 20, 2011 photo an Exxon gas station near the Watergate complex in Washington, DC shows gas prices at $5 per gallon. (Karen Bleier/AFP/Getty Images)" title="In this April 20, 2011 photo an Exxon gas station near the Watergate complex in Washington, DC shows gas prices at $5 per gallon. (Karen Bleier/AFP/Getty Images)" width="320" class="size-medium wp-image-1805023"/></a>

In this April 20, 2011 photo an Exxon gas station near the Watergate complex in Washington, DC shows gas prices at $5 per gallon. (Karen Bleier/AFP/Getty Images)

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Mary Silver

Author

Mary Silver writes columns, grows herbs, hikes, and admires the sky. She likes critters, and thinks the best part of being a journalist is learning new stuff all the time. She has a Masters from Emory University, serves on the board of the Georgia chapter of the Society of Professional Journalists, and belongs to the Association of Health Care Journalists.