Groups opposing and supporting President Barack Obama’s re-election are making high gas prices the focal point of new television commercials in Iowa and other swing states. Videos and transcripts of the latest ads by the American Energy Alliance and Priorities USA are after the jump.
Last week Obama urged Congress to end tax breaks for oil companies, citing the industry’s high profits. U.S. Senate Republicans filibustered a bill that would have ended several deductions for five major oil companies and extended various renewable energy tax incentives. Senator Tom Harkin voted to move forward with that bill, but Senator Chuck Grassley voted to block it, as he did with similar legislation in May 2011.
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