President Obama will increase oil and gas drilling in the US in attempt to ... - New York Daily News

President Obama announced Saturday that he was ramping up oil and gas drilling in the U.S. - but city drivers fed up with sky high gas prices said it was too little, too late.

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Facing withering criticism from voters and Republicans over prices at the pump, Obama vowed to expand drilling in Alaska, explore new oil sources off the Atlantic coast and extend leases for Gulf Coast states hit with a temporary moratorium on drilling in the wake of last year's BP spill. Insisting that the moves "make good sense," Obama conceded that they won't bring immediate relief to commuters reeling from $4 a gallon prices.

President Obama will increase oil and gas drilling in the US in attempt to ... - New York Daily News