Thanks to Democrats… Gas Prices Could Top $5 a Gallon This Year
Posted by Jim Hoft on Tuesday, February 14, 2012, 9:49 AM
Despite record gas prices Democrats killed another Arctic drilling project last week. This comes after Obama rejected the Keystone pipeline project. US gas prices at the pump have doubled since the Obama took office.
Gas Buddy
Now it looks like gas prices will top $5 a gallon this year.
McCall.com reported:
American motorists have seen the national average for a gallon of regular gasoline rise above $3.50 a gallon on just three occasions, but it has never happened this early in the year. Analysts say it’s likely a sign that pain at the pump will rise to some of the highest levels ever seen later this year.
In 2008, average gasoline prices had hit inflation-adjusted records nationally by the summer, but they didn’t climb above $3.50 a gallon across the U.S. that year until April 21, according to the AAA Fuel Gauge Report. It happened again last year, but not until March 6.
But $3.50 a gallon gasoline is already here in 2012, weeks before refineries typically shut down for springtime maintenance, and weeks before the states switch from their less expensive winter blends of gasoline to more complicated and pricier summer blends.
“This definitely sets the stage, potentially, for much higher prices later this year,” said Brian L. Milne, refined fuels editor for Telvent DTN, a commodity information services firm. “There’s a chance that the U.S. average tops $4 a gallon by June, with some parts of the country approaching $5 a gallon.”
Today, for example, the national average stands at $3.511, up from $3.480 a week ago, according to the AAA report, which gets its figures from prices compiled by the Oil Price Information Service.
The average in Pennsylvania is even higher: $3.63. According to GasBuddy.com, the cheapest gas in the Allentown area as of Tuesday was $3.49, at USA Gas on West Tilghman Street.
ADVERTISEMENT
-
Featured Story:
Horrible… Obama Tells Foolish Supporters: I’m Not Over-Spending… “I’m Running to Pay Down Our Debt”
Published May 23, 2012 at 11:51 pm - 55 Comments
Moonbat_One commented:
This is a blessing in disguise because presidential approval ratings have a strong inverse relationship to the price of gasoline.
LibertyAtStake commented:
$5 gas would ensure Barry’s demise in November – which is why he’ll bleed the national reserve dry to avoid it this year. But if he gets re-elected he’ll launch with abandon into his real agenda: $8 gas.
d(^_^)b
http://libertyatstake.blogspot.com/
“Because the Only Good Progressive is a Failed Progressive”
Mama Grizzly commented:
Yet we must pay $800million JIZAH to the Moslems …
bg commented:
++
W H A T ? !
where’s all that OIL Bush stole from Iraq?? /s/
==
Obama2012 commented:
High gas prices make oil speculators, oil companies and their shareholder wealthy.
Do you remember? Gas prices soared with war in the ME and an oil guy in the WH. Do you rememeber the free markey/oil agrument?
Its pathetic. You love high oil prices when the gop is in the WH. Hate high oil prices when a Dem is in the WH.
Higher gas prices mean the economy is improving. Bad news for people who hate America (the gop). Good news for real Americans.
Finncrisp commented:
#6 you have it all wrong. The media hated high gas prices when W was in the White house; they love them now. The public has always hated high gas prices.
#1AMERICAN commented:
odumb$hit doing what he has set out to do from day one…destroy this country….
Obama2012 commented:
Lest we forget, these price hikes are purely speculative. They have not happened. But that wont stop you from acting as if they have occured.
Gas is roughly $3.50/gal. A jump to $5 is a 43% increase.
Who is putting forth these “stories” about higher gas prices? Who gains, who loses from these stories?
And refineries shut down for maintenance? How convenient.
Obama2012 commented:
65,500,000 voted for Obama in 2008. Why werent we informed of his plan to destroy murika from within?
Paranoid delusions of very sick individuals. If you hate socialism, by all means hate it. We arent socialist. But if you are upset, leave. Fact is a majority of voting Americans will reelect Obama for 4 more years.
dwd commented:
$5/gallon gas + Obama blocking Keystone pipeline = effective political ad resulting in a one-term president
the price of gas might hurt for a little while, but it would be worth it to get him out of the White House
Obama2012 commented:
#7,
The media is in on the conspiracy too? Okay, good.
Help me understand who all the conspirators are….
Carbon Pootprint commented:
Wonder if this is Obama backers bidding up oil again like they did in 2008?
Testimony of
Michael W. Masters
Managing Member / Portfolio Manager
Masters Capital Management, LLC
http://www.hsgac.senate.gov//imo/media/doc/052008Masters.pdf?attempt=2
A Gryphon commented:
hey #6 lemme help with your moniker there
Øbama 2Ø12
there, fixed it for ya
GO GOP 2110
A Gryphon commented:
make that 2012
Obama2012 commented:
#11 the keystone pipeline means zero politically because Obama will propose other plans to do more drilling in the US.
Thats kind of silly, because we wont have ANY of that new oil for about 10 years. The goopers want to make high gas prices an election year issue. They loved high gas prioces in 2004/2008. Why hate on prices now?
dwd commented:
#10 Obama2012
hahaha, you can’t say “fact is a majority of voting Americans will reelect Obama” — THAT is the very kind of “purely speculative” statement you are whining about.
Try to keep that logic consistent so your arguments aren’t so transparently fallacious and specious.
/end troll feeding
A Gryphon commented:
all the way thru to 2110 lmao
Obama2012 commented:
#14, dont waste your brilliant mind here. Thats amazingly ordinary.
#13 Obama supporters are in charge of bidding up oil? The speculators are all Democrats? You cant be serious. Tell me you are joking because thats dangerously close to a sickness.
Obama2012 commented:
#17,
You dont understand the word speculation.
Obama leads in the polls currently. He will win reelection. The stock market company called Intrade has his chances for reelection at 60%. I unlike folks here, dont just make it up as I go.
http://www.intrade.com/v4/markets/contract/?contractId=743474
retire05 commented:
Obama 2012, it is your intent to show how ill informed you are? Reality? From well to gas pump takes less than six months.
Now, let’s talk about gas prices: pump prices inceased to $3.11, and kept increasing, from 3/11/08 to 10/14/08 where they peaked out a national average of $4.12. By 1/07/2009, just three months later, the Bush administration, by releasing new oil leases, drove the price down to $1.61 where it was when the Kenyan took office.
Once President Zero took office, pump prices continued to climb until they reached a high again of $3.11 over a year ago, and have continued to climb. It would seem your hero doesn’t know how to lower them.
dba...vagabond trader commented:
Another promise he’ll be able to chalk up as kept. Energy prices will neccessarily skyrocket indeed.
In a perverse and self interested way, I kind of hope they do, right around election time.
Obama2012 commented:
Prices COULD top $5/gal.
Unicorns COULD fly from my butt.
Mittbot COULD find a position and stick with it.
Mittbot COULD pander more to a far right tbaggery who distrust him.
Newts arrogant big head COULD inflate more.
Callista COULD look more Stepfordish.
Santorum COULD be more of a theocratic lobbyist.
Ron Paul COULD be even more out of touch with America.
retire05 commented:
Intrade also predicted that Romney would take the Colorado primary.
Ooooops.
Obama2012 commented:
#22, there you go. Out in the open. Cheering for more suffering from your fellow citizens, as long as it hurts Obama, then more suffering is acceptable.
Obama2012 commented:
hey retired, you are amazing. You have to drill the frigging well first. That takes time. Lots of it. Once all things are in place, then and only then does oil flow. See, this is the kind of crap that turns off moderate voters. Your willingnesss to pervert all dialog into some kind of attack on reason. You failed.
My hero is so all powerful, mortal clowns like yourself can never fully appreciate how masterful and brilliant he is. He apparently controls everything from weather, to hedge funds to religion. Must be awfully tough living in this America.
dba...vagabond trader commented:
@Obama2012:
Take a break from the talking points and educate yourself or do you actually believe Media Matters and their msm cohorts are unbiased sources. Come to think on it, you probably do.
http://www.mediaite.com/tv/guns-sex-and-msnbc-daily-caller-publishes-media-matters-expose/
retire05 commented:
Obama 2012, if you voted for the Kenyan in 2008 to prove you are not racist, you need to vote for someone else in 2012 to prove you are not stupid.
Carbon Pootprint commented:
#19 February 14, 2012 at 10:20 am
Obama2012 commented:
Yes idiot drone. Read the testimony and then go to open secrets and look up who were Obama’s biggest institutional backers in 2008
dba...vagabond trader commented:
@25:
I will cheer at anything that gets this commie liar kicked to the curb, damn straight. Then the rebuilding begins, sorry, you’ll be out of a job.
dba...vagabond trader commented:
#26:
“He apparently controls everything from weather, to hedge funds to religion. Must be awfully tough living in this America.”
As a matter of fact:
“this was the moment when the rise of the oceans began to slow and our planet began to heal”
so said the demagogue.
btw, how are those green energy schemes your hero spent so much of our taxpayer dollars on?
http://www.investorplace.com/investorpolitics/another-obama-backed-green-energy-company-goes-bankrupt/
Valerie commented:
Just so everyone knows: we do have the ability to both drill for oil or process shale, and transport it via pipeline, and keep it clean. Especially on land. The ONLY way the enviros can call it dirty is to blame the carbon dioxide output. That stuff you breathe out, and that plants breathe in, is the only hook they have to call it a polluting industry, provided it’s done right.
Think it over, folks. We learned how to take out the ash, the sulfur, and the lead. We know how to avoid and clean up spills, especially on land.
bg commented:
++
Obama2012 #6 February 14, 2012 at 10:02 am
[DEMOCRATS TAKE THE LEAD
"They act as though somehow or another they're doing us a favor. And I think the war against terrorism has got to be fought by countries who really realize that it's in everybody's interest to go after terrorism. I think we may be able to find a place where we are much more welcome openly, a place which has not seen significant resources flowing to support some really extreme, fanatic views."
[..]
‘FORBIDDEN TRUTH’
“A dense, conspiracy-minded portrait of Saudi-dominated banks, companies and tycoons, all allegedly interconnected, that they maintain have helped fund Bin Laden’s holy war.”
[..]
THE APOSTATES
“Bin Laden also believed the House of al-Saud, the family that has ruled Arabia for generations, were ‘apostates’ from Islam. Apostasy is a grave charge to level against the Saudi royal family, who style themselves the protectors of the two holiest places in Islam, Mecca and Medina, and practice the most traditional form of Sunni Islam.”
[..]
THE MARLARKEY FACTOR
“The U.S. is not the only one. The question is why developed countries need to do commercial deals with Saudi Arabia and if those commercial deals are why they must close their eyes about the reality of the Saudi Arabian kingdom. Since the 18th century, Saudi Arabia has been focused on conquering the world.”
[..]
TARGET: BUSH I
The interest of congressional Democrats in the “Forbidden Truth” thesis is understandable, especially if they can make the charge of “secret negotiations” stick. If the Bush administration was not only “soft” on terrorism but even somehow protected their Saudi allies from scrutiny by law enforcement agencies, then who benefits? The Bush family, long tied to the Saudis, is fair game once the “Forbidden Truth” conspiracy theory becomes the conventional wisdom: George Herbert Walker Bush, reviled by some for his pro-”Arabist” policies, is the particular target of this left-wing hate campaign.
[..]
OPPORTUNITY KNOCKS
The neocons, no friends of Bush pere, also have much to gain. They blame the father for not “finishing the job” and concluding the Gulf war prematurely, even as they exhort and try to shame the son into a military confrontation not only with Iraq, but with nearly the entire Islamic world.
[..]
THE ROCKEFELLER CONNECTION
In return for US aid and support for the House of Saud, King Ibn Saud granted Aramco a monopoly over the production of Saudi oil at the end of World War II. Aramco is a consortium of companies, with Exxon, Mobil, and Socal – all Rockefeller-connected – granted 70 percent ownership, and Texaco granted the rest. A premier example of crony capitalism, the Rockefeller-Saudi alliance translated into multi-millions in subsidies through the Export-Import Bank, so that the King could build his own personal railroad from his capital to the summer palace. Franklin Roosevelt took money out of the war budget to prepare the way for Rockefeller’s pipelines. In return, the Saudis granted the US an airbase at Dharan, conveniently near the oil fields. Smalltime capitalists hire private security guards to protect their property, but the big boys – or, at least, some of them – have the use of the American military.
[..]
AN ENDURING ALLIANCE
“It all boils down to a happy case of the ‘partnership of industry and government’ – happy, that is, for the Saud family and for the Rockefeller oil interests.”
[..]
TURNING ON A DIME
How to explain this sudden about-face by the chattering classes, the political mavens, and now a growing number of mostly Democratic politicians? I say – follow the money!
[..]
TURNING POINT
“During a private, hour-long meeting on Saturday 23 September at the house of Saudi Ambassador Prince Bandar bin Sultan in McLean, Virginia, with senior executives representing seven American oil companies: The four American oil giants Mobil Corp, Exxon Corp, Texaco Inc. and Chevron Corp. (which established the Arabian American Oil Co now known as Saudi Aramco, in the 1930s) the other three were Atlantic Richfield Co., Conoco Inc. and Phillips Petroleum Co.
[..]
SHOCKWAVES
Adamantly excluded but for the Aramco consortium, that is – until now. Abdullah, the heir apparent to the invalid King Fahd, is a modernizer who has decided that it’s time to throw open the doors of free competition and let the free market take over. The deal was off. The Rockefeller stranglehold on Saudi oil production was about to end, announced the Prince, and this surely sent waves of shock through his audience. Indeed, the shockwaves are still being felt today, as the US ponders not only withdrawing its troops from the Saudi kingdom, but whether our longtime ally is really our deadly enemy.
to be continued..
==
bg commented:
++
#34 February 14, 2012 at 11:35 am bg continued..
ABDULLAH TO ARAMCO: ‘THE PARTY’S OVER’
“In 1998 I had a chance to meet with a number of executives from major oil companies. We had discussed the investment opportunities in the Kingdom especially in light of its stability and the availability of huge oil and gas reserves. I had indicated to them, at that time, that we welcome, and we will be willing to look into, any investment ideas that might be of benefit to both sides.”
[..]
THE SAUDIS AND THE ‘SILK ROAD’
“All this will take us a long way towards the creation of a solid and integrated economy that realizes the full economic potentials of the oil and gas industry and will open new and wide investment opportunities for the Saudi private sector. And it is important to keep in mind that money invested in projects in Saudi Arabia means less money available for investment in competing projects elsewhere.”
[..]
TWO CAN PLAY
This is none other than the Transcaucasian “Silk Road” pipeline project, slated to extend from the Caspian Sea oilfields to Turkey, and perhaps down through Afghanistan to the Indian Ocean. This project has long been on the drawing boards, and the Clinton administration took it up with alacrity, even going so far as to set up a special department to facilitate its creation.
[..]
FREE MARKET ECONOMICS 101
In any case, the glee with which the heir presumptive to the Saudi throne delivered a lecture on free market economics to the leading capitalists of the West should be shared and appreciated by free marketeers everywhere.
[..]
A LESSON LEARNED
In spite of the Prince’s reassurances that the Rockefellers would get their fair share – and no more – it is doubtful that the assembled Aramco executives were all that appreciative of the little lesson in Economics 101.
[..]
ACCIDENTALLY ON PURPOSE
After years of close military cooperation between the two countries, a female pilot pops up who objects to settled rules on proper attire while serving in the Saudi kingdom – and becomes a feminist icon overnight. All of a sudden, we hear from Andrew Sullivan about the persecution of homosexuals under the strictures of Sharia law, a cause that somehow previously escaped his attention.
[..]
THE NEW COLD WAR
For if and when Abdullah asks the US to set a departure date, this is sure to set off a new round of renewed Saudi-bashing, one that the new cold warriors look forward to with gusto – and which the rest of us have good reason to fear.
[..]
A GREAT DANGER
The dissolution of the Rockefeller oil monopoly, and the creation of a truly independent Saudi Arabia, with freer markets and without the burden of justifying the presence of foreign troops on its soil, will strengthen the forces of modernization and expand the margins of freedom in the Middle East.
[..]
THIRSTY FOR BLOOD
As our foreign policy tends inexorably toward an all-out assault on the entire Arab world, the Saudis will take the place of the Soviets in the demonology of the new cold war – at least that is the hope in certain quarters.
[..]
THE VENTRILOQUISTS
The Gulf’s great riches, in other words, will stay right where they are: securely deposited in Armaco’s bank account. So the revenge of the Rockefellers plays itself out on the world stage: they’ll retain their monopoly on the largest known oil reserves – one way or the other.
[..]
BUSH PAYS THE PRICE
So far, President Bush has made it plain that he does not mean to wage war on Islam, and for that he is being made to pay a price. While his State Department is struggling to undo the damage done by the anti-Saudi media and the Lieberman-Levine assault in Congress, a grand coalition of left and right is pushing for World War III in the Middle East – a war that, given the presence of Pakistan and India (not to mention Israel) in the equation, could quickly go nuclear.]
much more @ link..
==
SpideyTerry commented:
Anyone else remember how in 2006, Hillary once proudly proclaimed that Democrats have a super secret plan to lower gas prices? Funny how that never came up after Democrats won in 2006 and 2008.
“Cheering for more suffering from your fellow citizens, as long as it hurts Obama, then more suffering is acceptable.”
Yeah, Democrats never did that with Bush. They never delighted in the deaths of heroic soldiers and use that as a campaign tool against Bush. Oh wait, they did. Based on your childish demeanor, I’m certain that you not only did that, but were also quite thrilled when gas prices went up during Bush’s time. To be blunt – get off your high horse, you hypocrite.
Gary commented:
It is funny that the Dems claim to be for the little guy but on fixed costs that affect people inversely to their income, like gasoline, they seem to be oblivious.
I know people at the lower income levels who started making strategic driving plans when gas hit $4.00. I guess at $5, we’ll be seeing more bicycles.
Maybe Obama thinks at $5 a gallon, we’ll all go buy a Volt.
Also, don’t forget the first time gas spiked, Obama said his only problem with the high price was how quickly it got there. He hates it when things get off schedule, dontcha know.
Beef commented:
But it’s all congress’s fault, Obama said so. They have been blocking all his great ideas just to be mean. If not for them, we’d all be taking high speed solar trains to our high paying jobs at the wind power factories.
Gary commented:
0bama 2012 #23
Nobody cares what’s been flying out of (or into) your butt.
Keep it to yourself.
bg commented:
++
March 4, 2011
In Pictures: Bush Vs. Obama On Gas Prices
more here..
==
bg commented:
++
Gas Price Hypocrisy
==
WillofLa commented:
Democrats are in control of this sector of our economy through treaties with the Arabs, and the historic control over the major oil companies. Right now there is such an abundance of gasoline in this country that we’ve stored all we can store, and the suplus over that is being sold overseas. We’ve got that much gasoline. I wish I knew why we have to do that instead of supplying that gasoline to the service stations instead of selling it overseas, in order to bring the price down to $1.25 a gallon.
Ohhh, but see if the Democrats did that America would prosper. And oooouu we can’t let that happen, can we? Yeah, if Democrats let us make more money then they wouldn’t be in control of us as much as they want, like they are now. Democrats are doing this so that more American’s will suffer by more job loss and home loss. That puts more American’s on Food Stamps and that’s exactly what Obama wants.
See, the Socialists knew exactly what made the middle class run, and that was our good paying jobs. Take those away and our money dries up and we cease to exist. As long as more and more of the middle class is put on government care, the more permanent power the government will be able to keep.
If we can break this grip around our throats by the Socialist Democrats and this Marxist in the White House to throw us off our track to get rid of him in November, then their plans come true, and America goes down like all the other European nations that aren’t prosperous, weak military, high taxes, high prices, and less and less medical care. See, if the government can convince you that without the government you die, then you will keep them in power. But with them in power you die anyway, just a little slower, but in the mean time you will be poorer and poorer, and suffer worse and worse.
Do you want that life? You will not have what you have now, the government will take it all.
Beef commented:
@ 41: Excellent link.
Pipo commented:
@ obama2012. How ignorant and blind can you be? I feel sorry for you and your kind. If only you had a lick of common sense to see what this clown is doing to this country. Wake up you fool!
WillofLa commented:
Higher gasoline prices cause taxes to cities to drop because people are driving less and small businesses can’t put trucks on the streets to deliver product. As fewer and fewer people drive or cut back more and more, less and less taxes are not only paid to the cities, which are drying up, but also the states, who are going bankrupt, but also less taxes are being paid to the Federal government in excise taxes. Less and less and less we are being whittled down slowly but surely.
I heard from a person who had left Southern Russia and came here to escape Communism creeping back in. He said when Communism took over the first time, it was exactly like Obama and the Socialist Democrats are doing. It’s creeping Communism.
Militant Conservative commented:
#12 February 14, 2012 at 10:15 am
Obama2012 commented:
I’ll type slowly so you can understand.
One of the first acts of Obama was to give 2Billion to Petrobrazil.
Main shareholder in Petrobrazil?? SOROS.
I’m sorry you have such limited mental ablities.
Plus, as much money as the oil companies, speculators and all the government makes
money at every level and makes more than the company that explores, drills, transports
refines. Government is too damn big and is a cancer on America.
powder is dry
Pipo commented:
Obama is looking to get reelected by the dumbest of people.
Blacque Jacques Shellacque commented:
…which is why he’ll bleed the national reserve dry to avoid it this year.
Attempting to avoid $5 a gallon gas by using the strategic reserve would be very, very foolish.
Militant Conservative commented:
#26 February 14, 2012 at 10:34 am
Obama2012 commented:
Once again your ignorance is on full display. Soon as a permit to drill is given the
crew is drug tested. Then the work starts. Both sides of my family have wells that have
been drilled and capped. capped due to onerous regulations so the companies are
waiting till the idiot in the WH is rejected. Obama only appeals to the lowest
intellect voters. He wants other to covet thier neighbors possessions.
That is the 10th commmandment. thus Obama = EVIL
bg commented:
++
Beef #43 February 14, 2012 at 12:05 pm
thank you..
the write up was
too..
In 2006 the Democrats and the media screamed bloody murder over the
high price of gas. When Barack Obama was inaugurated, the average gas
price was $1.87 a gallon. Now that the price has more than doubled, what
are the Democrats and the administration saying now? If you guessed that
high gas prices under Obama are somehow a good thing, give yourself a pat
on the back. The liberal mindset is always an amazing thing to behold.
==
Obama2012 commented:
pipo,
Please articulate for me the exact actions Obama is taking that destroy the country.
These actions apparently are only visible to a special few who inhabit sites like GP and those who carry their super duper socialist decoder rings. Please tell me what is happening in your world?
Obama2012 commented:
bg,
What you are bitching and moaning about is called politics. If the WH was inhabited by a gwb clone, you would be singing the praises of higher oil prices. So get down off your high horse. Its how the damn game is played. Man up. Get tough. Face facts. Another 4 years.
Stuart commented:
Some observations on Obama 2012 # 26
First: He knows little about drilling with respect to time frames and job creation. He knows little about the oil business in general. His absurd claim that it takes ten years to bring an oil field into production is laughable; not to mention the effect of even a potential boost in production has on the futures market.
But lets leave all that aside for a moment. His hagiography of our fearless leader, Obama, in his second paragraph, ought to be the clue. This guy is just jerking our chain and laughing at our responses. Either that or he is seriously deluded and simply waiting for the guys in white coats to take him to the rubber room. I suspect it is the former. Ignore him and I predict he will go away because the fun is over.
Obama2012 commented:
militant,
Your name is well deserved. Obama is ebul because the bible tells you so. Good one.
If the admin was to begin drilling in the Artic today, we would not see oil from that NEW WELL in 6 months.
But reality be damed. Full steam ahead. Obama this. Obama that. Its ODS. Obama Derrangement Syndrome. Another 4 years and you will be cured. That is, following reeducation. And dont think we wont be looking for folks like you to work the salt mines. That is, if we can get you into shape. We will take your guns. And dont act all tough like we wont. Guys like you fold first, with your nig talk a small mind.
WillofLa commented:
Back right after the ’08 “October Surprise” the Democrats unleashed on us that caused gasoline prices to jump to $4.40 a gallon, the Democrats saw what price gasoline had to go to in order for real hurt to start in our economy. That price was around $3.50 a gallon. That’s when small businesses had to pull trucks off their deliveries, and had to reduce their business because they couldn’t afford to keep the trucks running at that price.
The higher it went past $3.50 a gallon the more hurt consumers and businesses had, the less people drove, the more small businesses had to shut their doors and went out of business. This started at $4.00 a gallon. When the price got to $4.40 a gallon real damage was done to the economy and thousands of small businesses went out of business.
Economist told Democrats, “You’d better put the brakes on this. If you don’t you will cause segments of the economy to not ever be able to come back ever again, and you will permanently loose revenue.” Well, the Democrats didn’t want that so they told the oil companies to release gasoline reserves, and to increase gasoline production IN THIS COUNTRY, and if you’ll remember that when gasoline dropped in one month to $1.45 a gallon. Right then America almost overnight started becoming prosperous again and the money started flowing. But as soon as the government saw that people had recovered somewhat they told the oil companies to raise prices again and within a month or two the prices jumped again from $1.60 to $2.60 a gallon. And it didn’t stop there it kept going higher and higher until it got to around $3.40 a gallon and stopped rising so fast. The government wanted to see if that was the tipping point where people would stop driving, and small business would cut back. But the Democrats did it carefully so as not to let the price get to much higher so that it caused small businesses to go out of business, they didn’t want that. But they did want people to stop driving so much and that was around $3.60 a gallon.
And that’s where it is today. It may drop a few cents maybe down to $3.40 but not any lower than that. Oh sure a few months ago it seemed like it was going to drop below $3.00 a gallon, but it got close. That was a test. And what did American’s do? They started buying more gas right away. To stop that the Democrats ordered the oil companies to raise the price again and it immediately went back up to $3.30 a gallon and went on up to $3.60 a gallon. And American’s stopped buying gasoline again.
The Democrats learned all they needed to learn from those social experiments and that is why the price of gasoline won’t seem to get any lower than $3.40 a gallon, or there abouts. They know what controls this economy and they’ve got their finger on it. As long as they can keep gasoline at around that price the economy will continue to crumble, just slowly. There is more gasoline now than there was when it went back down to $1.40 a gallon but the Democrats won’t let the gas stations have it.
Obama2012 commented:
Stuart,
Your diagnosis is spot on. President Obama is a great leader. Folks here are being noticed by the Truth brigades just announced. We know your emails. We know your IP addresses. Keep it up. Once the election is complete, we will be looking for “assistants” for our citizenship reorientation programs.
Obama2012 commented:
will,
Dems control the flow of gasline? How did you find out? Now Dems will need a diversion, like starting another unnecessary war this time with Iran. Problem solved. And dont think for a minute we dont know who you are…
bg commented:
++
Obama2012
==
Militant Conservative commented:
#56 February 14, 2012 at 12:55 pm
Obama2012 commented:
I see, your wanting a new socialist Order under Dictator Obama.
Boy, men like me made this country great and you wish to tear it down.
come and take it son, I’ve seen your OWS terd fest.
I carry every day with backup too. Your what is holding America back.
That is all your type understands, TAKING. I earned mine and you cannot have it.
We outnumber YOU, I’m the 6’4″ pissed off American Patriot.
Your just a common ghetto thug stealing your living. Fair enough, I have morals
given to me from from a book that is our rule and guide. You are just a common
socialist. Sorry but I do not speak ebonics.
powder is dry
Militant Conservative commented:
Commandment number 10 which obama gleefully tries to get one group of Americans
against another.
“You shall not covet your neighbor’s house; you shall not covet your neighbor’s wife, nor his male servant, nor his female servant, nor his ox, nor his donkey, nor anything that is your neighbor’s.”
Seems Obama loves to covet other peoples stuff and so do you.
bg commented:
++
Militant Conservative re: Obama2012
==
bg commented:
++
March, 19, 2011 — nicedeb
Efforts Underway In Alaska To Dismantle Sarah
Palin’s Successful Oil Tax Program, (ACES)
[An article in the New York Times today discusses both the call by some
in Alaska to dismantle two of Governor Palin’s energy related legislative
victories and the claim by others that they are responsible for Governor
Palin’s great fiscal record and Alaska’s strong fiscal health.
Current Alaska Governor Sean Parnell is seeking to make changes to
Governor Palin’s oil tax structure–”Alaska’s Clear and Equitable Share”
(ACES) legislation. This legislation replaced Governor Murkowski’s
corruption-tainted oil tax plan. Governor Palin’s plan primarily taxed oil
company’s net profits on production, and its flexibility based upon oil
prices and its tax credits encouraged greater capital development and
investment than Murkowski’s tax structure. Moreover, Governor Palin
signed ACES into law in order to make the oil tax structure more in line
with the state constitution which stated that natural resources (i.e. oil)
belong to the people and need to be developed for the maximum benefit
of Alaskans.]
video & more @ link..
==
Militant Conservative commented:
Thank you BG that was a hoot.
Also Obammy2012 thinks taking is alright. Thats stealing and a little higher on the list of
sins. These are moral guidelines that immoral people hate till they the recepient
of judao/christian laws of prison and execution.
Socalism is immoral and against the freedoms grated to us by our creator.
LIL Obammy2012 is just a plain big mouth till an adult shows up.
Can you say “beyotch slap?” Sure you can I knew you could!
Ain’t braggin if you can do it or done it.
powder is dry
jony101 commented:
this is good…… people on welfare (obama voters) when they cant gas up the escalade to go get the foodstamps will turn against obama and this might be what romney needs to win the election. Every little bit helps.
jimg commented:
You love high oil prices when the gop is in the WH. Hate high oil prices when a Dem is in the WH. – Obama2012
Stupidest comment I’ve ever read. Congratulations.
Obamas regulation destroy jobs commented:
Obama2012 is paid for by the left. BLOCK his IP address. He wouldn’t be over here if he wasn’t such a wus…they are afraid we will take back the house or why is he arguing with
a right blog?
We are taking back the house, senate and the Presidency. And you know it..he is 100 times worse than Carter! Real Americans want an honest person..the real Americans who work and served our country WILL fight FIGHT to take it back—he fooled many people…I know a lot demos who are ashamed and took their stickers off their cars..ashamed that he was a huge let down..
SO get off this blog go poop on a car better yet go volunteer for planned parenthood..
Militant Conservative commented:
Ebonics boy is a joke. The sociList left is in disarray
and not much of a fighting force. Would you be surprised
We veterans have a plan, passed from man to man.
Patriot to patriot how to best the enemy. LOL
Oh the excrement will hit the fan and uncle Sam
Taught us all we need to know. WE are the new
Patriots. Guiding America back to constitutional
Liberties. Hide and watch, the socialists want a
revolution. What they will get is a reaffirmation.
Powder is dry.
Eric commented:
Obama 2012, you are living in lala land, but that is normal for you lefties. Your arguments have no merit. Just an ideologue. Obama is a ultra left wing SOCIALIST. His share the wealth, spend money we don’t have, and class warfare attitude are perfect examples of marxism and communist views. A great leader? Yeah, maybe for European countries, but not here. But of course, you are right and we are all wrong. WRONG. Your “president” will be out come November. Dispite what you say, America is still a center right country. It’s not just California and New York. Proud to say I live in a conservative area and glad I moved out of “liberaland” (formerly known as Maryland).
Jim commented:
Gas is not high. Europe pays $7 a gallon. But they built a fantastic public transportation infrastructure. Oh, but I forget. Socialism does not work.
Prices seem high because we drive too much and in low mileage vehicles. Trucks and SUVs outsold cars in just a few months after the 2008 spike. If you believe in the “free market”, then pay the price or buy a car that gets better mileage.
For the first time in 25 years mileage standards have improved, on Obama’s insistence. We now have world class cars that can compete in a tight oil market.
We paid for the Arabs to build the tallest building in the world and an indoor ski area in the desert. Way to go America!
Our founding Fathers did not envision Freedom as having what you want. Freedom to pursue happiness. No guarantees.
The only people I have sympathy for are the low income. If you made the choice to buy that SUV or truck for vanity and ego, then pay the price. Remember, the rich are wealthy because they are smarter and take chances. So again, it’s your own fault for not being rich.
You have four years before China has a larger economy than the US. Learn to live within some limits (don’t act spoiled), save our resources for future generations, and quit buying so much imported oil that drains our economy at the benefit of our enemies.