Monday, 11 Apr 2011
Trump: Obama Is to Blame For High Oil Prices
By: Margo D. Beller
Special to CNBC.com
Real estate developer Donald Trump blames President Obama for the rising price of oil, warning, "this country can never, ever recover" if oil prices continue to go up.
"That's really the life's blood of the country," Trump told CNBC in a phone interview on Monday. The Trump Organization chairman, who says he's considering running for president, plans to decide "before June" on the matter.
He contended that Obama is not a leader and is "in bed with these (OPEC) people. He doesn't speak the way you have to speak to them."Although he blames China for "ripping off our country," Trump gives them credit for using US funds to rebuild airports, bridges and other infrastructure.
"When was the last time you saw a bridge being built in the United States? You see them falling down all the time. When was the last time you saw an airport being built? We're like a third-world country."
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