rising energy costs s are not only afcting ththe economic trends, but politil tacticshis year as wellining us now bloberg white housreporter kate andersen brower and peter morici, professor of economics at the university of maryland. what is t white house saying about oil and gas pririces? last week, presint obama said there is not much he could doo about it because of all of the woworld events. this weeeek, takg a a stance of there are things we are going to doike stress intervention. >> it i is really interesting because i was s in toledo, ohio, with the vice president and lked to a union member whose job was saved because of the bailout and he said if g prices go up it will not matter. the administration does not have ailver bullet. tapping the reserve might notot do it and they have not come out and said tt is something they are going to do. >> reuters mistakenly reported there was a dl after the meeting david cameron -- >> oil is not like gold. gold prices can be kept up because itan be stored. you u have to take e delivery of l becaususe it spoils. the prpresident likes to blame