As gas prices rise, oil companies just watch their profits increase. And yet, they're still subsidized by Congress to the tune of $4 billion a year. That's about $7,610 every minute.
To learn more about why gas prices are on the rise and President Obama's strategy to take control of our energy future and avoid gas spike prices in the future, check out our new infographic.
In Case You Missed It Here are some of the top stories from the White House blog:
An Announcement From FEMA and AmeriCorps The Federal Emergency Management Agency and the Corporation for National and Community Service announce a new partnership designed to strengthen the nation's ability to respond to and recover from disasters. The Facts on Gas Prices: Infographic Check out our infographic that explains the President's all-of-the-above energy plan and its relationship to gas prices. Revamping Job Training with the American Job Center Here are more details of the President's proposal to reform our nation's re-employment system and help up to one million displaced workers each year.
Today's Schedule All times are Eastern Standard Time (EST). 9:45 AM: The President receives the Presidential Daily Briefing 10:15 AM: The President meets with senior advisors 10:50 AM: The President meets with the 2012 Intel Science Talent Search finalists 11:10 AM: The President delivers a statement announcing new efforts to enforce our trade rights with China and level the playing field for America’s businesses and workers 1:00 PM: Press Briefing by Press Secretary Jay Carney 4:20 PM: The President and Prime Minister Cameron depart the White House en route Joint Base Andrews
4:35 PM: The President and Prime Minister Cameron depart Joint Base Andrews en route Dayton, Ohio 5:55 PM: The President and Prime Minister Cameron arrive Dayton, Ohio 6:30 PM: The President and Prime Minister Cameron attend and NCAA Tournament “First Four” game 9:00 PM: The President and Prime Minister Cameron depart Dayton, Ohio en route Washington, DC 10:20 PM: The President and Prime Minister Cameron arrive Joint Base Andrews 10:35 PM: The President and Prime Minister Cameron arrive the Ellipse Indicates that the event will be live-streamed on WhiteHouse.gov/Live Stay Connected Sign up for the Daily Snapshot
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