Obama Strikes Back on Gas Prices

President Obama used his weekly radio address Saturday to hit back at Republican critics who say his energy policy is causing rising gasoline prices that look to be heading toward $4 per gallon. "We can't just drill our way to lower gas prices—not when we consume 20 percent of the world's oil," Obama said, underscoring the importance of developing alternative energy and increasing fuel efficiency. GOP candidates as well as North Dakota Gov. Jack Dalrymple have accused Obama to blocking oil and gas projects like the Keystone XL pipeline, but Obama accused the Republicans of a "bumper sticker" approach to energy.