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Obama campaign: Oil companies, speculators to blame for rising gas prices

The North Carolina Obama campaign said Tuesday that the administration had worked to make energy more available, and blamed rising prices on oil companies and speculators.

Democratic Congressman Brad Miller, speaking as a surrogate for the campaign, said there is more domestic oil production than at any time in the past eight years and more natural gas production than the nation has ever had.

“North Carolina voters know where the responsibility really lies,” Miller said in a teleconference. “They place the blame with the oil companies. They place the blame with speculators and they know perfectly well there has been an extraordinary effort in the Obama administration to increase energy production.''

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