Gas Prices More Than Double Under Obama: $1.84 To $3.85...

[Pasco08]

When did Obama have control over price of gas? Uhhhhhhh Republicans want him to take control of free enterprise? Lol Republicans truly are the dumbest of dumb.

 

[Mr. H.]

When did Bush/Cheney have control over price of gas? Uhhhhh...

Fuck you too.

 

[Mr. H.]

Uhhhhhhhhhh.... speechless fuck.

 

[Full-Auto]

Uhhhhhhhhhh.... speechless fuck.

They cant help themselves...You cant fix stupid......

 

[Pasco08]

I haven't ever blamed Bush for the high and rising gas prices you dumb fuck stop making ASSumptions makes you look like the stupid fuck you are.

 

[Mr. H.]

I haven't ever blamed Bush for the high and rising gas prices you dumb fuck stop making ASSumptions makes you look like the stupid fuck you are.

They call me MR DUMB FUCK.

 

[Mr. H.]

And done choo fergeddit.

 

[Pasco08]

Please take you're useless bullshit and shove it up you're ass.

 

[Star]

Clinton allowed foreign countries to dump oil on domesitc markets at below production cost contratry to international accordance, resulting in the closing down of thousands of businesses and the layoffs of tens of thousands of oil and gas industry employs. Fuck you very much.

Are you saying you think the Strategic Petroleum Reserve is owned by foreign countries?

In case you didn't get the memo -- under Clinton's policies 25 million jobs were created and-----and gas prices were low, under Bush's policies gas prices were the highest in history and-----and the Great Bush Recession...

 

[Mr. H.]

Please take you're useless bullshit and shove it up you're ass.

You like pooping your shorts don't you?

 

[KissMy]

flooding the market with 48 billion a month will devalue the dollar and force commodity prices up including gas. A double wammie on the electorate.
Yet zero will get up there and say he's for the middle class ya right. Guys like Limbaugh and Romney will still be able to afford gas even if it reaches 15 dollaars a gallon
Who's this idiot obama foolin. Yet dems buy this $$$$
businesses are not going to hire till obama is outta office. dang bernakie is stupid

Debt, money printing & inflation will continue to climb because the rich don't pay taxes & government spends too much.

 

[Star]

When did Bush/Cheney have control over price of gas? Uhhhhh...

Fuck you too.

If righties think the White House has a significant effect on the day-to-day price of gas -- they'd love
President Clinton but-----but instead of love, the dumbasses impeached him, then-----then voted in the higher fluctuating gas prices that Cheney/Bush brought with them via secret oil/gas industry meetings in the White House!-----WTF?

$0.25 in 1919 is about equal to $3.57 in 2011 -- IOW's gas prices, in today's dollars are about the same now as they have been since 1919.

The question(s) to ask is; why is it that in the last few years we've been awash in gasoline but-----but the price is going up?

Supply and demand --- WTF?

And-----and what happened in the year 2000 that caused gas prices to begin to spike up? cheney/bush!


The chart below shows the price movement (based on February 2012 dollars) from 1919-2011.

Annual gas prices adjusted for inflation 1919-2011. Cost in Feb. 2012 U.S. Dollars.​

From the Eve of the New Millennium

However, while it’s true that gas prices today are similar to where they were 90 years ago, if you take a closer look at the above chart you’ll notice that from the 1920′s through the end of the 20th century (except for occasional bumps mostly due to world events) prices were steadily declining. Yet as the 20th century turned into the 21st century, gas prices began to spike at an incredible rate — and this time factoring in the rate of inflation did nothing to smooth out the numbers like they did when comparing the $0.25/gallon in 1919 to the $3.57/gallon in 2011.

The purpose of this exercise is to present the data so people can see where the price spikes occurred just as the earlier data was presented for people to see where it didn’t occur. In order for the data to be as accurate as possible, I’m once again going to use the Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics to calculate the rate of inflation (some say the CPI is not always the best measure of inflation, but it’s what the U.S. Department of Energy uses).

Average annual gas prices from 1998-2011.​

Average cost for a gallon of gas in the U.S. between 1998-2011:
CLINTON YEARS
1998 — $1.03
1999 — $1.14
2000 — $1.49
BUSH YEARS
2001 — $1.43
2002 — $1.34
2003 — $1.56
2004 — $1.85
2005 — $2.27
2006 — $2.58
2007 — $2.81
2008 — $3.26
OBAMA YEARS
2009 — $2.35
2010 — $2.78
2011 — $3.53​

 

[OohPooPahDoo]

Average retail gasoline prices have more than doubled under President Obama, according to government statistics, rising from $1.84 per gallon to $3.85 per gallon.

The average gasoline price is calculated by the Energy Information Agency, and shows that over the past 43 months of President Obama’s term retail gasoline prices have more than doubled, rising from an average of $1.84 per gallon to $3.85 per gallon.

Rising gasoline prices were particularly prevalent in August, which saw a 9.0 percent rise in the Consumer Price Index (CPI) for gasoline, a rise that almost entirely accounts for the general increase in prices seen by families across the country over the past month.

In other words, the recent spike in prices for all goods – tracked by the government’s Consumer Price Index – can be almost entirely accounted for by the rise in gasoline prices. Prices in the economy rose by 0.6 percent overall in August.

“The seasonally adjusted increase in the all items index was the largest since June 2009. About 80 percent of the increase was accounted for by the gasoline index, which rose 9.0 percent and was the major factor in the energy index rising sharply in August after declining in each of the four previous months,” the Bureau of Labor Statistics said in a press release announcing the new CPI figures for August...

More:
Gasoline Prices More than Double Under Obama: $1.84 to $3.85 | cnsnews.com
DRUDGE REPORT 2012®

What did you expect to happen as oil demand goes up in the face of dwindling supplies? I'm not sure WTF Obama has to do with the amount of oil in the ground.

 

[LogikAndReazon]

The poor liberal medias heads were exploding when gas prices were high under Dubya.........

Now, not a peep from the neo-marxist propaganda machine..........

 

[Star]

Democraps have blocked new oil refineries for decades.

You're an idiot that is countered everytime you say something stupid.

Obama has issued more drilling permits than any other president.

Oh shut up, you're full of crap. Energy production has increased on private lands not federal land. Obama isn't doing shit to produce our own energy

"It does seem that the Obama administration is doing more than the oil and gas companies would lead us to believe to increase domestic production.' ~ James Burgess


-pewsh!- President Obama don't do no drillin' dude/dudette. The oil industry isn't drilling on the federal lands that the Obama Administration has already issued permits for -- why in the world would the oil industry need
more permits when they're not exploiting the permits they have? Oil and gas companies are lying their asses off and-----and, as usual Republican Fox Newsdupes are buying it but-----but the evidence produced by Secretary Salazar doesn't support the oil and gas companies BS.



46 Million Acres of Federal Land and Water Leased for Drilling just Sitting Idle


By James Burgess
15 May 2012

The oil and gas industry has been working in unison with a few congressional allies to constantly blame the Obama administration for the current energy prices in the US, claiming that the government are blocking domestic energy development by not releasing enough permits for exploration and drilling.

The government has now hit back at these claims by releasing a report that proves that the claims against them are actually unfounded and that roughly 46 million acres of federal lands and waters leased for drilling are sitting idle. The oil and gas companies are only actively drilling or starting to develop less than a third of the area that they have leased offshore.

Ken Salazar, the Interior Secretary, said that this analysis highlights the White House’s commitment to allowing oil and gas drilling on federal land and waters. “We continue to make millions of acres of public lands available for safe and responsible domestic energy production on public lands and in federal waters. We also want companies to develop the tens of millions of acres they’ve already leased but have left sitting idle in order to further reduce our reliance on foreign oil as quickly as possible.”

But the oil and gas industry argue that it takes time for the companies to perform seismic tests of the region, and then plan for drilling permits. Kathleen Sgamma, vice president for government and public affairs at the Western Energy Alliance, said that, “the administration continues to deflect blame for leases that are not producing onto the industry, yet their rhetoric displays a misrepresentation of how oil and natural gas development on federal lands works.” The industry representatives profess that the information on leases is misrepresentative because the government delays on providing the drilling permits; but in 7,000 cases observed in the report, the companies had been granted both leases and drilling permits, and still haven’t started work.

In an attempt to spur the development of this idle land, the Interior Department has decided to boost the annual rates for offshore acres that are leased, but are not producing oil. They have also shortened the length of time that a lease can be held before initial drilling starts.

✄snip>

 

[Mr. Shaman]

Gas Prices More Than Double Under Obama: $1.84 To $3.85...

Get a grip. You Ron Paul fans don't count, anymore.

Your paranoia precedes you.....


​

 

[BlindBoo]

How many times do you want to rehash the same old bull shit. What was the price of Gas before the Bush Recession?

Historical Gas Price Charts - GasBuddy.com

 

[BlindBoo]

Democraps have blocked new oil refineries for decades.

You're an idiot that is countered everytime you say something stupid.

Obama has issued more drilling permits than any other president.

Oh shut up, you're full of crap. Energy production has increased on private lands not federal land. Obama isn't doing shit to produce our own energy

From 2004-08, well into Bush’s tenure, oil production on federal lands and waters fell in four of five years, for a net decrease of 16.8 percent.

• From 2009-11, the Obama years, oil production rose two of three years, for a net increase of 10.6 percent.

Oil production on federal land — not water — actually rose 3.7 percent in 2011. It was offshore production that took the hit, falling 16.8 percent.

PolitiFact | Crossroads GPS ad says oil production on federal lands dropped under President Barack Obama

 

[LogikAndReazon]

Socialist state bureaucrats should nationalize the oil industry, set price caps, quotas and limit profits.........

Hail Che Guevara !!!!!!!!!