Romney admitted that U.S. energy policies are not the only thing that affect gas prices, but he said a more aggressive energy development strategy would eventually tamp down costs.
"No one can guarantee what the price of oil is going to be, but what we can do is take advantage of what we know we have which is abundant energy resources in this country," he said.
"The president has lots of places to point his finger and of course we alone don’t set world energy prices, but we can affect whether we send billions of dollars out of our country to people who don’t like us very much and we can determine whether energy resources we take advantage of here create jobs here, and we can determine whether we have an effect on those energy prices by having an abundant supply here. The president has done all of that wrong. It has got to change."