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Gas Prices More Than Double Under Obama: $1.84 to $3.85

Jetboogieman said:
Come now Deuce...

We all know that the only thing that has effect on gas prices is Obamas secret lever in the Oval Office and raises and lowers the price.

Silly Deuce.
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Damn that Obama for fiddling around with the lever in 2008! :mad:
 
Krhazy said:
Yes, I obviously like it, that's totally reasonable Joko.

Is this what anti-Obama attacks have come to? Statistic cherry picking and demonization?
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Yes, that is what politics has become.
 
I don't think that was a good thing for the country
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obama's energy secty does
 
tererun said:
So let me get this stright. For a few weeks around the end of 2008 gas prices dropped a hell of a lot in some select areas of the US? Then they pretty much rose back up to normal levels after? So there was not this long time under bush where gas prices were around a 1.80 all across the country?
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It's an old, stale, tired con ploy.

Gas in June of '08 was $4.12, then the price crashed. The chart at the link below give you the real picture

John McCain 2008 Ad: Did it predict high gas prices?
 
The Prof said:
Gasoline Prices More than Double Under Obama: $1.84 to $3.85 | CNSNews.com

big win for secty chu!




Steven Chu's Europe gas quote haunts President Obama - POLITICO

almost halfway there!
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Somehow you believe its Obamas fault right ? lol...Im 65 yrs old and every year ive been alive no matter who the president...gas prices go through the roof around memorial day and come down a little by mid summer then were at their lowest right before the AMERICANS MUST SPEND ALL THEIR MONEY AT CHRISTMAS OR THE ECONOMY WILL TANK period...Look Prof the Wall Street Traders...Big Oil are the ones that control gas prices here...not any president

Here I have a better story for you...its Mitt Romneys and Ryans fault gas prices are this high...because all the pigs at the trough who have spent hundreds of millions to get them elected want their Big Oil Pigs to keep the economy depressed to help them...Hows that sound ??? lol....me thinks its as good as your story at least..<chuckle>
 
Demand should be low right now. Summer is over, the kids are back in school and a whole lot of people are not going to work every day. The price per barrel is under $100 right now. So why the high prices? I suspect we'll hear that when demand is high the price goes up, when demand is low the price goes up, etc.

Speculators have something to do with it, but that would be price per barrel. If it is because of the cost to refine it it is likely the cost of regulation, which is in effect an imbedded tax. That would be that magic lever in the oval office you guys are flippantly referring to. The oil company record profits argument is another of those "let's go kill the rich guys" arguments. You know the oil companies make less per gallon than even just the federal tax, right? The oil companies find it, pump it, transport it, refine it, store it and transport it again and make less off of it that the government does when they do... nothing. State taxes and distance to ship allow for state to state differences (it's always cheaper in SC than it is here in GA), but I suspect the biggest part of it would be federal taxes at one level or another.

Let's try this one on, all you Obama supporters. You piss and moan about how much the oil companies are making and want to do something about that, but what about looking to the current administration and demanding they back off on what they are collecting? Same goes for taxes. Quit whining about the rich not paying enough and face the reality. What they pay is only offensive to you because you feel you pay too much. The rich don't make tax law, the government does. If your taxes were as low as they are for the rich (and I understand that they pay a higher percentage but less of their disposable income) then there would be nothing to complain about. You're doing it wrong. Go ahead and equalize it, not by raising theirs but by lowering yours.
 
tech30528 said:
Demand should be low right now. Summer is over, the kids are back in school and a whole lot of people are not going to work every day. The price per barrel is under $100 right now. So why the high prices? I suspect we'll hear that when demand is high the price goes up, when demand is low the price goes up, etc.

Speculators have something to do with it, but that would be price per barrel. If it is because of the cost to refine it it is likely the cost of regulation, which is in effect an imbedded tax. That would be that magic lever in the oval office you guys are flippantly referring to. The oil company record profits argument is another of those "let's go kill the rich guys" arguments. You know the oil companies make less per gallon than even just the federal tax, right? The oil companies find it, pump it, transport it, refine it, store it and transport it again and make less off of it that the government does when they do... nothing. State taxes and distance to ship allow for state to state differences (it's always cheaper in SC than it is here in GA), but I suspect the biggest part of it would be federal taxes at one level or another.

Let's try this one on, all you Obama supporters. You piss and moan about how much the oil companies are making and want to do something about that, but what about looking to the current administration and demanding they back off on what they are collecting? Same goes for taxes. Quit whining about the rich not paying enough and face the reality. What they pay is only offensive to you because you feel you pay too much. The rich don't make tax law, the government does. If your taxes were as low as they are for the rich (and I understand that they pay a higher percentage but less of their disposable income) then there would be nothing to complain about. You're doing it wrong. Go ahead and equalize it, not by raising theirs but by lowering yours.
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No. If you think the Obama administration has made some major change to cause this increase, you go find evidence of it.
 
Blue_State said:
They were below $1.80 in 2008 here in CT.

gas price.jpg
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Of course, this chart says it all: The $1.84 was a statistical anomaly and never the real sustainable price of gasoline. The fact of the matter is that gasoline prices are about what they were 4 years ago before a world economic slow down pulled the rug out from under oil prices.

While the assertion is factually true, it is misleading and therefore disingenuous.
 
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Gas prices under G W were $1.60 in 2001 and went to $4.40 in 2008
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and the party of w-stands-for-what's-his-name was voted out of power

did spencer abraham openly advocate for 8 dollar gas?

seeya at the pumps, progressives

wear green
 
Shouldn't conservatives (party of free market capitalism and deregulation) be happy with the price of gas? Are you really advocating that the POTUS is personally responsible for the prices of a commodity....I'm tempted to utter the S word (Socialist).
 
Mr. E said:
Shouldn't conservatives (party of free market capitalism and deregulation) be happy with the price of gas? Are you really advocating that the POTUS is personally responsible for the prices of a commodity....I'm tempted to utter the S word (Socialist).
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I would be happy with it if I had the opportunity to trade on the pump price of gas, but we don't. We can trade in oil, but the cost of oil is only the start of where the cost comes from. Now if I could trade on the taxed part of it, it would be as close to a sure bet as it gets since taxes over the long term always go up. Kind of like toll bonds, they are a winner but they are very difficult to get your hands on. They are owned by politicians and their friends.
 
upsideguy said:
Of course, this chart says it all: The $1.84 was a statistical anomaly and never the real sustainable price of gasoline. The fact of the matter is that gasoline prices are about what they were 4 years ago before a world economic slow down pulled the rug out from under oil prices.

While the assertion is factually true, it is misleading and therefore disingenuous.
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I wouldn't whole heartedly agree with your assessment, but yes, saying under two per gallon is disingenuous. But prices four years ago to two years ago were about $2.60. That is a good average for 2 years. Now it is over $4. I would say there has been at least a 33% rise to 50% rise in gas prices over this Presidency.
 
When gas was $4 during the Bush years, conservatives told us that we could not blame Bush. However, now it appears that it's OK to blame Obama. Go figure.
 
Deuce said:
No. If you think the Obama administration has made some major change to cause this increase, you go find evidence of it.
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Arab Spring.
 
Deuce said:
No. If you think the Obama administration has made some major change to cause this increase, you go find evidence of it.
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washunut said:
Arab Spring.
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Obama "made" the Arab Spring? and that is why you think oil prices are rising? Had nothing at all to do with market speculation and industrial expansion during the past six months?

Now that markets are slowing in the developed world, which reduces demand - guess what - prices are starting to drop.

Oil's slide continues, with crude below $93

The Associated Press | September 19, 2012 11:27 AM EST | AP

Oil prices are falling for a third day, as traders realize that a recent run-up to $100 may have been overdone.

Oil was at $92.34 in late morning trading on the New York Mercantile Exchange. That's a decline of $2.95, or 3.1 percent.

Several things are pushing prices down. Analysts say traders are taking profits after oil got above $100 per barrel on Friday for the first time since May. Oil has fallen about 7 percent this week.

And there have more signs this week that the global economy is slowing down, which tends to push oil prices down because people and businesses use less energy.
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