“Douglas Holtz-Eakin, the former Chief Economist on President George W. Bush’s Council of Economic Advisors and former head of the Congressional Budget Office, rejects the idea that the President controls gas prices, at least in the short term. But he argues that President Obama could have done a better job of about addressing the global oil supply crunch by more aggressively drilling for oil and other fossil fuels instead of focusing on alternative energy.”-Henry Blodget
