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    India, China fuel demand spiking prices, says Obama

    Washington, Feb 24 (IANS) Attributing rising oil prices to growing demand in countries like China, India and Brazil, President Obama has accused his Republican rivals of using the pain at the pump to score political points.

    "It's the easiest thing in the world to make phony election-year promises about lower gas prices," the president told students at the University of Miami Thursday.

    "What's harder is to make a serious, sustained commitment to tackle a problem that may not be solved in one year or one term or even one decade."

    Admitting that rising gas prices are hurting Americans' wallets, the president argued that his administration is not to blame for the high cost of oil and instead attributed the problem to growing demand in China, India and Brazil.

    "Over the long term, the biggest reason oil prices will probably keep going up is growing demand in countries like China and India and Brazil," Obama said.

    "Nearly 10 million cars were added in China in 2010 alone -- 10 million cars in one year in one country. Think about how much oil that requires.

    "And as folks in China and India and Brazil, they aspire to buy a car just like Americans do, those numbers are only going to get bigger," he said.

    "So what does this mean for us? It means that anybody who tells you that we can drill our way out of this problem doesn't know what they're talking about, or just isn't telling you the truth," Obama said.

    While Republican lawmakers and presidential candidates have blasted Obama's energy policy in recent days, the president said they are trying to exploit the spike in gas prices for political purposes.

    Obama urged Americans not to be fooled by the Republican call for increased drilling, saying it's simply "a bumper sticker." "It's not a strategy to solve our energy challenge. It's a strategy to get politicians through an election," he said.

    Instead, the president touted his wide-ranging strategy, which includes oil, gas, wind, solar and nuclear power, as the "only real solution" to solve the nation's energy challenges.

    (Arun Kumar can be contacted at arun.kumar@ians.in)

     

    13 comments

    • Mohamed  •  Bangalore, Karnataka  •  3 months ago
      mean thinking of americans they do not want anybody to reach to ther level be it cars ,living standard,nuclear power,any thing,i only hope obama does not bring to u n notice that india and china are useing more oil so we act wisely and slap sanctions on india ,china U N is ther watch dog,it will bark at whom U S A will show eg- iran we indians and china have come hard way not like U SA by stealing other counties wealth by hook or croock your no 1 position is numberd learn to live like a thid world country all the best-----yusuf
      • raj 3 months ago
        Mohamed , Do u feel jealous? Nobody is stopping to reach their standard. Whos fault is that.? You guys are fighting each other , and you are blameing rest of the world. Car bombing, suiside boming , beheading you name it. Take a close look at Syria. Who's fault is that? Wiseup.
      • james e 3 months ago
        @ Raj

        we don't care for your pro-american propaganda. Indeed it is against the western world's interest for the rest of the world to acquire prosperity levels as theirs. Where would they sell their weapons for one if there's peace elsewhere. Instead of resorting to hypocrisy let them lead the change by abstaining from resource consumption. Nah! don't think so. This is a country that needs to feed voraciously and perpetually if it is to survive.
      • nasir 3 months ago
        Listen Buddie America will only think abt itself and if he see's China going beyond technology and Energy wealth then China will becaome enemy for US and believe the facts INDIA will become Leadinf world power after 15 years then INDIA will also be enemy to America. This is what US foreign policy is bloody looters of oil.
    • chenthil  •  New Delhi, Delhi  •  3 months ago
      so does he mean Indians and chinese must not use cars when the americans can keep stockpiling all the worlds oil?
    • god bless US  •  Phoenix, United States  •  3 months ago
      India and China use oil resources responsibly. They do not waste gas if they don't have to. Americans should learn ways to conserve oil
    • X_Messenger  •  3 months ago
      Someone has to tell him that there is a world beyond America which has equal right to buy a use natural resources.
    • Ashok  •  New Delhi, Delhi  •  3 months ago
      demand of developing country may be high but this is not reason of oil price rise
    • X_Messenger  •  3 months ago
      No 1 selfish,jealous country in the world is America.
    • Krishnamurthy  •  Hyderabad, Andhra Pradesh  •  3 months ago
      Hegemonic and super power attitude of U.S.must change. must learn to live with changed world politics.
    • james e  •  Thiruvananthapuram, Kerala  •  3 months ago
      The American President is one to talk about spiking demand! This statement smacks of a kind of Apartheid against third world non-occidental nations. How is this statement different from Bush attributing food shortage to spike in demand from Indian and China?! After centuries of exploitation at the hands of white nations they now want to put the onus on the world's ills on our doorstep.
      • raj 3 months ago
        Don't read between lines. Your anti American mentality is the problem. Think out side the box. China is on our door step and demanding Arunachal is belongs to them. It is known as modern slave factory.
      • Honda 3 months ago
        Now these rouges will tell us how much of food & fuel we should consume. Why are they farthing to take the blame on themselves for their own disasters, for which only they themselves are responsible. These countries will go to dogs in the nearfuture.
      • james e 3 months ago
        @ Raj

        Oh wow! Raj wants to give me lessons in Semantics. As far as I am concerned China and US are two sides of the same coin. it's better to mend fences with China. The US will do nothing should China attack us. Sorry Raj but tell ur CIA trainers to look elsewhere for ur cause.
    • Honda  •  Mumbai, Maharashtra  •  3 months ago
      Now go and lick arabs' bottom, you did'nt succeed looting them and trying invading arab and gulf with all your might and bullying supporters. The doomsday is very near for you all hooligans who looted and killed innocents for OIL. Now lick Iran's Ahmednizad's and all Arabs to survive.
      • raj 3 months ago
        Are u talking scense???
      • nasir 3 months ago
        lol...........making more sense only the ppls who have brain will understand it...............lol
    • Hawala  •  3 months ago
      Should Africa and Asia Starve to Death... for Europe and USA's Prosperity...
    • Sukumar  •  Chennai, Tamil Nadu  •  3 months ago
      Hey yahoo Why did u remove my comments . You are shocking to know the facts .I didn't use any filthy language .
    • Sukumar  •  Chennai, Tamil Nadu  •  3 months ago
      Who are they to advice to us . America pays interest alone to China 500 Million Dollars every other day . Don't arm the protesters . Don't flex yr. muscles without money . You are looting the world . God will punish you . Our late PM Mrs INDIRA GHANDHI WARNED the American's 7 th fleet that if you enter at Indian Ocean we will attack you during the war with Pakistan & which it WAS CREATED BY USA. They are arming the Pakistan to make problems with Kashmir . We will solve our problem peacefully if they don't interfere with Pakistan's Military . We need Patriotism my dear fellow Indians .Don't trust west .
    • Sukumar  •  Chennai, Tamil Nadu  •  3 months ago
      Dear INDIANS , Oil corpn. is not like India in the west. The profit goes to Govt. in INDIA. Whereas in usa & other western countries the profit goes to individuals .For an example after the invasion of IRAQ the oil contract was given to Halliburton . This company"s former CEO was DICK CHENNY ( FORMER VICE-PREDISENT ) There is no bidding . Straight to Haliburton .They will create a war in a oil oriented middle-east & subsequently artificially they will make the oil price to go up through their controlled financial institution & through their stock exchange .Just imagine if the barrel goes up extra $10 ( TEN DOLLARS EXTRA) PER BARREL HOW MANY BILLIONS PER DAY THEY ARE MAKING . This profit is shared by SAUDI ROYAL FAMILY , AMERICAN & BRITISH COMPANYS' . With this profit they will go for another war with oil rich country . This is the practice of west . They will divide between Muslims & kill for the sake of oil money.