Grim Milestone… Gas Prices Soar Under Obama – Worse Than Carter


(Gas Buddy)

Another grim milestone for the far left president. Gas prices double under Obama.
US News reported:

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. [See Where Gas Prices are Spiking the Most]

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. [See pictures of Obama’s re-election campaign.]

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.

Photo of author
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

Thanks for sharing!