Obomination: Gas Prices Grow More Under Obama Than Carter...

Discussion in 'Politics' started by paulitician, Apr 10, 2012.

  1. paulitician
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    paulitician Platinum Member Supporting Member

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    Marking the similarities between President Barack Obama's time in office and former president Jimmy Carter's is nothing new. But as of Monday, Obama has hit one more Carter benchmark - both saw gas prices double in their first term of office.

    In fact, while just barely, Obama has seen an even higher gas price increase than Carter dealt with under his administration.

    Under the Carter administration, gas prices increased by 103.77 percent. Gas prices since Obama took office have risen by 103.79 percent. No other presidents in recent years have struggled as much with soaring oil prices. Under the Reagan administration, gas prices actually dropped 66 percent. When Bill Clinton was president, gas prices grew by roughly 30 percent, and under both Bush presidencies, gas prices rose by 20 percent.

    The National Republican Congressional Committee called attention to Obama's recent "dishonorable distinction," blaming the Democrats' rejection of the Keystone XL pipeline as a major factor for skyrocketing gas prices.

    Gas Prices averaged $1.86 a gallon when Obama took office.

    Gas Prices Grow More Under Obama than Carter - Washington Whispers (usnews.com)
    DRUDGE REPORT 2012®
     
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  2. CrusaderFrank
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    CrusaderFrank Diamond Member

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    “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,” -- Obama's Energy Secretary
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    Put on a sweater and check your tires.
     
  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    A two-fer!!!
     
  5. KevinWestern
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    KevinWestern Hello

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    First of all, it’s a silly and simplistic thing to assume that the President alone has any sort of ‘super power’ over the price of gas. Also, I think it’s even a stretch to say that Washington in general has as significant effect on the price of gas. But even if you did think that Washington could significantly affect the price of gas through policy decisions, you still have to consider the 500+ Senators and Representatives that also have control over the law crafting/approval.

    Finally I'd like to note that when Obama took office, the price of gas had just crashed significantly to $1.86 along with the entire economy in 2008. Just months earlier in that same year, the price was at about $4.00+, so it’s dishonest and misleading to make it seem like $1.86 gas was somewhat of a normal and steady price when Obama took office; it was nothing more than a fluke outlier that was a result of the collapsing economy.

    Why not compare the average price of gas in 2008 to the average price of gas 2012? This is a dishonest post, in my opinion.
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    Last edited: Apr 10, 2012
  6. LordBrownTrout
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    LordBrownTrout Gold Member

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    Another fine accomplishment. We'll be at Chu's dream number if O is really elected.
     
  7. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Why dont we just kick the bum out of office instead.
     
  8. LordBrownTrout
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    LordBrownTrout Gold Member

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    You're definitely qualified to run the energy dept under this admin.
     
  9. Full-Auto
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    Full-Auto Gold Member

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    Kevin allow me to show you the full picture.


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  10. sealybobo
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    sealybobo Diamond Member

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    We can not have the Robber Barons deciding who our president should be. The oil companies sabotaged Carter and we can not allow them to do so to Obama.

    All the more reason to either Nationalize the Oil companies, and healthcare giants, or at least heavily regulate them.

    And stop oil speculators on Wallstreet from costing Economy car owners an extra $12 every time they fill up and $20 if you own an SUV.

    If the GOP would stop protecting/defending Oil speculators, what would gas cost? Instead of $60 fill up it would only be $40??? Blame the GOP.
     

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