Obama: Use Money You’re Saving on Gas To Buy ‘a New Appliance’

‘Take the money you are saving, pay off the credit card’

"America is now world's number one producer in oil, gas. We've doubled the production of clean energy, and, by the way, you're saving about 1.10 a gallon at the pump over this time last year. (Applause) Although, I keep on reminding folks gas prices -- they go up and they come down and then they go up so — (Laughter) — I just want everybody to know that you should enjoy this. (Laughter) Take the money you are saving, you know, pay off the credit card, or go get a new appliance, or buy a fuel efficient car -- (Laughter) -- so that when prices go back up, you're still well positioned."

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