Obama: Hey, these rising gas prices aren't my fault

Hammering home the point that his administration’s actions are not the cause of rising oil costs, the president boasted that “America is producing more oil today than at any time in the last eight years” and notes that dependence on foreign oil was under 50 percent in 2010, the first time in more than a decade.

“While there are no short-term silver bullets when it comes to gas prices, I’ve directed my administration to look for every single area where we can make an impact and help consumers in the months ahead, from permitting to delivery bottlenecks to what’s going on in the oil markets,” he said, calling for an end to oil and gas subsidies and for Congress to renew clean energy tax credits.