Gingrich woos with prospect of $2 gallon gas

Gingrich woos with prospect of $2 gallon gas

Credit: AP

FILE - In this Feb. 7, 2012 file photo, Republican presidential candidate, former House Speaker Newt Gingrich, accompanied by his wife Callista, speaks in Cincinnati, Ohio. Presidential campaigns and outside political groups began filing detailed financial reports Monday, offering a behind-the-scenes glimpse into the identities of wealthy supporters who will help elect the next president and details on how tens of millions of campaign dollars have been spent. (AP Photo/Evan Vucci, File)

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by BRIAN BAKST

AP

Posted on February 20, 2012 at 3:36 PM

TULSA, Okla. (AP) -- Republican presidential candidate Newt Gingrich is dangling the prospect of gas as low as $2 a gallon if he's elected.

The former House speaker has spoken in the past of gas dropping to $2.50 a gallon under a Gingrich administration. Monday's prediction, coming as Gingrich campaigned in Oklahoma, contrasts sharply with rival Rick Santorum, who told an Ohio audience that big-city Americans should brace themselves for $5-a-gallon gas.

Both candidates are citing new sensitivity over rising pump prices to push for relaxed regulation on domestic oil production.

According to AAA's daily fuel gauge, the national average Monday for a gallon of regular gas was $3.56.

Gingrich and Santorum have been highlighting oil exploration in North Dakota and slamming the Obama administration for delaying a Canada-to-Texas oil pipeline.

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