Romney accuses Obama of pursuing higher energy prices
Mitt Romney Campaign
Republican presidential candidate Mitt Romney on Thursday pledged that his energy independence plan would create 3 million new jobs by reversing what he said was President Barack Obama's goal of raising the cost of fossil fuels.
The White House and the Obama campaign quickly countered that Romney was bowing to the oil industry with his plan, which would seek to expand domestic oil and gas drilling and import more oil sands crude from Canada.
Speaking at a rally in Hobbs, N.M., Romney accused Obama of pursuing regulations and exploration limits on fossil energy development as a way to make renewable energy more competitive.
He also said the green energy companies backed by the administration have turned out to be "losers," such as Solyndra.
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