NEW YORK (CNNMoney) -- President Michele Bachmann has a promise: $2 gas.
"Under President Bachmann you will see gasoline come down below $2 a gallon again," Bachmann told a crowd Tuesday in South Carolina. "That will happen."
Sure, politicians promise all kinds of things on the campaign trail. But Bachmann, a leading contender for the 2012 Republican nomination, is wading into truly tricky territory.
The price Americans pay at the pump is tied to the crude oil market -- a global system largely beyond the reach of Washington.
It's certainly true that prices -- now about $3.50 a gallon on average -- have risen since President Obama took office.
"The day that the president became president gasoline was $1.79 a gallon," Bachmann said. "Look what it is today."
Of course, that's not the full story.
rest of the story
http://money.cnn.com/2011...mann_gas_prices/?cnn=yes
"Under President Bachmann you will see gasoline come down below $2 a gallon again," Bachmann told a crowd Tuesday in South Carolina. "That will happen."
Sure, politicians promise all kinds of things on the campaign trail. But Bachmann, a leading contender for the 2012 Republican nomination, is wading into truly tricky territory.
The price Americans pay at the pump is tied to the crude oil market -- a global system largely beyond the reach of Washington.
It's certainly true that prices -- now about $3.50 a gallon on average -- have risen since President Obama took office.
"The day that the president became president gasoline was $1.79 a gallon," Bachmann said. "Look what it is today."
Of course, that's not the full story.
rest of the story
http://money.cnn.com/2011...mann_gas_prices/?cnn=yes

