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Oil rises above $90 amid US crude supply drop

Gill said:
Only if you don't include taxes. Average price of gas in the U.S. in January 2001 was $1.47.

www.eia.doe.gov
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You are right. Gas prices were 99 cents in Feb 1999. Clinton's second to his last year.
Gas Prices Hit Another All-Time Low in the United States
Posted on February 22, 1999 by briancarnell

Gasoline prices in the United States reached an all-time inflation-adjusted
low in February, dropping to less than $1 per gallon nationwide. The average
cost of gasoline for all grades and including taxes reached 99.8 cents per gallon
on February 18 according to the Lundberg Survey of 10,000 gas stations nationwide.

After 18 months of perpetually declining prices, however, gas prices might
soon begin to inch upwards. “The price cutting is faster and deeper than it’s
been so far this year, but it is probably fizzing out,” Trilby Lundberg
told the Associated Press. “Behind the average price fall are a few lonely
no-change (prices) or price hikes here and there, from which I infer that retailers
and their suppliers can’t take it anymore.”
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USA_1 said:
It still sucks, but it has recovered a little since the Bush collapse. We never will totally recover from that disaster.
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Tell that to all the jobless and those that have become homeless in the last two years
 
USA_1 said:
Yes it did. For a short time it was below 2 bucks here in Wisconsin. It wasn't that long ago.
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Gas is up 67% since Obama took office. This is the most gas has ever been in February
 
Lord Tammerlain said:
Wow really I would never have known



The lowest price I recall seeing gas in Alberta over the last 3 years would have been around $0.80/L. I converted a lower price into USG to make the comparision easier for Americans who are not used to liters and most likely will not be able to convert the one into the other without a bit of work
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I said that because I have driven into Canada with a big truck.
 
Lord Tammerlain said:
Consider the Iran Contra hearing
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Yeah, what about it? I guess the people close to him that have maintained his mental accuity was just fine don't know what they are talking about eh? Yep, better to listen to a loser son who had serious issues with his relationship because he was a spoiled little brat.


j-mac
 
j-mac said:
Yeah, what about it? I guess the people close to him that have maintained his mental accuity was just fine don't know what they are talking about eh? Yep, better to listen to a loser son who had serious issues with his relationship because he was a spoiled little brat.


j-mac
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President Reagan appeared before the Tower Commission on December 2, 1986, to answer questions regarding his involvement in the affair. When asked about his role in authorizing the arms deals, he first stated that he had; later, he appeared to contradict himself by stating that he had no recollection of doing so.[62] In his 1990 autobiography, An American Life, Reagan acknowledges authorizing the shipments to Israel
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Iran
 
ptif219 said:
Gas is up 67% since Obama took office. This is the most gas has ever been in February
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Yes, he should do something about those oil speculators, and institute conservation methods for all federal public buildings and operations, including the military.
 
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j-mac said:
Ooooh, ooooh *hand up* I got it....Just follow Chavez's lead and take over the industry....right?


j-mac
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Well either limit how much speculators can drive up the cost to make their millions or stop whining about the price of gas! One or the other, I don't care which you choose!
 
j-mac said:
Well, that sinches it...He must have been a drooling, Alzheimers addled idiot then...Good God man....:doh:roll:


j-mac
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Another two options

1. He didnt do much when in office and let his underlings do everything and they told him nothing
2. He lied to the commission
 
Catawba said:
Yes, he should do something about those oil speculators, and institute conservation methods for all federal public buildings and operations, including the military.
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He is he is buying chevy volts. More waste of tax payer money
 
Catawba said:
Well either limit how much speculators can drive up the cost to make their millions or stop whining about the price of gas! One or the other, I don't care which you choose!
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The problem is when Bush had the problem the liberal media blamed Bush.

Now they are saying little since the president is a democrat
 
ptif219 said:
Consider Obama allowing drug caretels to buy guns at gun shows in Arizona that killed a border patrol agent
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doj sold ak47's to the cartels, two of which apparently were used in the murder of the ice agent

Federal agent John Dodson says what he was asked to do was beyond belief. He was intentionally letting guns go to Mexico? "Yes ma'am," Dodson told CBS News. "The agency was."

An Alcohol, Tobacco and Firearms senior agent assigned to the Phoenix office in 2010, Dodson's job is to stop gun trafficking across the border. Instead, he says he was ordered to sit by and watch it happen. Investigators call the tactic letting guns "walk." In this case, walking into the hands of criminals who would use them in Mexico and the United States.

Agent Dodson and other sources say the gun walking strategy was approved all the way up to the Justice Department. The idea was to see where the guns ended up, build a big case and take down a cartel. And it was all kept secret from Mexico. ATF named the case "Fast and Furious."

Surveillance video obtained by CBS News shows suspected drug cartel suppliers carrying boxes of weapons to their cars at a Phoenix gun shop. The long boxes shown in the video being loaded in were AK-47-type assault rifles. So it turns out ATF not only allowed it - they videotaped it.

Documents show the inevitable result: The guns that ATF let go began showing up at crime scenes in Mexico. And as ATF stood by watching thousands of weapons hit the streets. Senior agents including Dodson told CBS News they confronted their supervisors over and over. Their answer, according to Dodson, was, "If you're going to make an omelette, you've got to break some eggs." There was so much opposition to the gun walking, that an ATF supervisor issued an e-mail noting a "schism" among the agents.

On Dec. 14, 2010, Border Patrol Agent Brian Terry was gunned down. Two assault rifles ATF had let go nearly a year before were found at Terry's murder.
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Agent: I was ordered to let U.S. guns into Mexico - CBS Evening News - CBS News
 
ptif219 said:
The problem is when Bush had the problem the liberal media blamed Bush.

Now they are saying little since the president is a democrat
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Can you show where the liberal media blamed Bush as much as FOX is blaming Obama?
 
ptif219 said:
Networks Link Bush to 'Skyrocketing' Gas Prices 15 Times Mor - Tulsa Gas Prices

Connecting Bush, Not Obama to High Prices: As gas prices rose in 2008, network reporters mentioned President Bush in 15 times as many stories, than they brought up President Obama in a similar period in 2011.
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That sure is indisputable. You must be right.:roll: Who did they have counting?
Similar period? Gas prices just shot up since the Egypt riots and all I've heard is how it's all Obama's fault..
 
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USA_1 said:
The person most responsible for high gas prices is the man that destabilized the Mideast by invading a ME country.


Everyday FOX news blames Obama for high gas prices.

Bush didn't have a clue:
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Funny how you still blame BUSH. I guess no matter what Obama does even if he does nothing you will always blame Bush. The problem is Obama is incompetent and not qualified for the job he has
 
ptif219 said:
Funny how you still blame BUSH. I guess no matter what Obama does even if he does nothing you will always blame Bush. The problem is Obama is incompetent and not qualified for the job he has
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Blame? Who destabilized the Mid East? Obama? Remember how oil prices rose after the invasion of Iraq? Remember how they dropped when the Economy collapsed? Notice how they are rising again because other countries want to oust their leaders like we did in Iraq?
The rise in oil prices began under Bush. Remember?
 
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