Bruce_T_Laney
Platinum Member
- Banned
- #41
WOW!!! What a bunch of fake news and lies.Ahh didn't I say exactly that. You are just repeating what I said.The last few years gas was pretty cheap. Oil had a massive drop (under $30) under Obama if you remember. IT was certainly cheaper than under Bush.Thats odd during most of his presidency it was well over 3 bucks
Also the US began exporting oil something it has not done since the 70s and they also built the first infrastructure to export LNG, something we never had until Obama.
Oil dropped only the last two years of his eight year term as President, so six years we suffered under high prices...
You must have forgotten...
ME:
The last few years gas was pretty cheap. Oil had a massive drop (under $30) under Obama if you remember. IT was certainly cheaper than under Bush.
Pretty much you have Obama derangement syndrome and can't give any credit where credit was due. The US greatly expanded it's OIL, LNG, AND alternative energy under Obama, energy prices were low at the end of his term and the US began exporting energy, something they haven't done in a long long time...
So I guess if you can't credit that you show that you care more about political party than American success, petty and sad...
I looked up the prices when Obama was in office and stated a damn fact you are acting like Obama last few years were great with oil prices when they were dropping because of looming elections like they did when Bush was leaving office...
So was Bush the main cause of the oil drop when he was leaving office?
No!
OPEC had a lot to do with it.
Six years we suffered under high gas prices when Obama was in office and he did very little...
We started to export oil again because of Congress and not the President!
Had they not lifted the ban in 2016 ( wait Obama last year in office) then it would have not been done at all!
After 40-year ban, U.S. starts exporting crude oil
So let cut the nonsense and Congress lifted the ban!
First off, they lifted the BAN Dec 2015, Congress based the bill and Obama had to sign off on it which he did.
Oil Export Ban Lifted As Obama Signs Spending Bill | Investor's Business Daily
Bloomberg - Are you a robot?
It needed Obama's approval to pass, and he approved it. So they both get credit... Something you can't seem to give because you care more about political party than American success.
OIL dropped because of an election are you retarded??? That is the dumbest thing I have ever heard??
You need to do some study, but luckily I am here to school you. Oil Drops when we pump more, which is exactly what happened under obama??? The US almost Doubled its oil production...
View attachment 276394
That is why Oil dropped under Obama... BOOOMM!!!! facts suck I know...
Second reason why oil drops, recession depression etc. Bush crashed the economy... badly... remember that?? WHen you have complete economic collapse the price of oil drops, always has always will. That is why oil dropped at the end of Bush... Not because of the election... Glad I could help clear this up for you...
It seem you are the one being schooled here because Obama had very little to do with the boom seeing it came from PRIVATE LANDS mainly with a drop in production on FEDERAL LANDS!
So how does Obama get that credit for the boom?