At a hearing of the House Appropriations Committee, Rep. Alan Nunnelee (R-MS) asks President Obama’s Energy Secretary, Steven Chu, if the overall goal is to get the price of gas down. Sec. Chu replies, “No, the overall goal is to decrease our dependency on oil”
The current administration’s policy is to let gas prices soar but to decrease our dependency on it. So Obama was not 100% truthful when he said that he wanted an all of the above strategy.