In 2008 Obama Energy Secretary Stephen Chu argued,

“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.”

Well after four years the Obama Administration has reached their goal.
Gas prices in California are at historic levels. Gas stations in the Golden State are raising their prices to over $5 per gallon.
The New York Times reported:

Drivers in Southern California awoke Friday to find that their gasoline prices had spiked by nearly 20 cents a gallon overnight as a result of fuel shortages caused by a series of refinery disruptions in recent weeks.

Some gas stations around the Los Angeles area were forced to shut off their pumps because of rationing by suppliers, and they displayed makeshift signs explaining that the shortages were not their fault. Drivers formed long lines at stations that did have gas, with some stations raising prices to more than $5 a gallon for regular gasoline.

“What are they doing to us?” said Marilyn Tucker, a FedEx employee, as she stopped pumping at a central Los Angeles gas station at $37, well before the tank of her sedan was full. “It’s just ridiculous.”

Prices had been rising for several days, making California the most expensive state for gasoline. On Friday, Californians paid an average of $4.49 a gallon for regular — 70 cents above the national average. Nationally, gas prices have risen less than half a penny a gallon over the last week, with prices now easing in many states.

Supplies of refined petroleum products on the West Coast are now at their lowest levels since 2008, while national inventories are about normal.

The Obama Administration must be very pleased.

 

 

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  1. Yeah! Higher gas prices!

  2. California has special gas. That is because the California state legislature passed a law requiring special environmentally-correct additives to the gas sold in that state during the summer. The rest of the nation does not use those special blends, and every summer, California has a “perfect storm” that results in higher gas prices.

    Inelastic demand meets inelastic supply, every summer in California. This whole scenario is somewhat reminiscent of the yearly pink-slipping of the teachers.

    Those who are unfamiliar with California may not know that California has been controlled by the Democratic Party for many years, that there is no viable Republican Party in the state, and that unions, including public sector unions, pay most of the costs of the elections.

  3. and then there is van jones and francis fox piven talking about their hope that higher food and gas prices will cause a revolution. violence in the streets, americans killing americans and liberal america keeps telling is these are the good guys. all according to the left’s plan.

  4. Is that why there was an accidental major blow-out in the gulf and three (2) refineries in calif with 377,000 bbl a day processing ability happened to catch fire, all about the same time?
    And the team investigating the Richmond fire isthe same outfit that investigated the Gulf blow-out?
    “…unexpectedly…”(!!!)

  5. Stephen Chu on his statement about gas prices

    https://www.youtube.com/watch?v=9nfPbMklrJE

  6. I have a great deal of dificulty understanding the reasoning behind having gasoline prices at European levels. Even a public school graduate can see the vast distances people travel which then confirms our country’s road structure is predicated upon relatively inexpensive gas. Europe does have anywhere near the travel and, now here’s something the Watermelons won’t like, Eurpoe has a well entrenched rail system. We lost our railway system when air travel become popular, faster and cheaper. A substantial percentage of gas prices goes to taxes and not oil company profit. Finally, Europeans prefer city living, closer to work donchaknow.

    Now, if I were a member of the Vast Right Wing Consipiracy, I could conclude higher gas prices are simply a means to balkanize this country. But then, Watermelons, Socialists and the Democrat Party don’t want that.

    Do they?

  7. Average gas prices in Europe are still a lot higher–about 1.59 Euros per liter on average or close to $8.00 per gallon. Might want to check your facts.

  8. Hey Dave in NYC, $8 in Europe, $5 in the US, you’re trying to debate the difference. The fact is that we in America are paying an exorbitant price for a gallon of gas when it’s unnecessary. It sounds like you won’t mind paying whatever the price is as long as the leftists can remain in charge.

  9. The only thing the leftist Obama administration didn’t plan correctly about rising gas prices was how to keep their jobs.

  10. i have to say the majority of californians are responsible for their plight…if they didn’t elect big government enviro nazis to office. they wouldn’t have to rely on specific blends of gasoline for their state. obama could temporarily rescind the requirements, but he won’t because his election chances in cali are not threatened. wake up, this is the treament everyone will get if he is reinstalled in the oval office.

  11. Not a single Obama voter knows or cares who Stephen Chu is.

    A: Just another piece of garbage by the curb in 2013.

    Q: Who is Stephen Chu?

  12. Help spread this, it is a problem for Obama and his pals.

    As Obama’s cover story comes down, the curtain goes up on the USAO’s cover-up of J.J., Jr.’s role in the Blago story

    http://illinoispaytoplay.com/2012/10/05/as-obamas-cover-story-comes-down-the-curtain-goes-up-on-the-usaos-cover-up-of-j-j-jr-s-role-in-the-blago-story/

  13. I was in Italy this summer and calculated gas at over $7/gallon. That doesn’t invalidate your thesis of high gas prices, but the factual error makes it easier to discount it.

  14. When you spend your adult life in the Bubble of academia with tenure and high pay/perks, you don’t have to worry about how much of your disposable income is chewed up just getting to and from work. Stephen (perpetual motion is just around the corner) Chu obama’s Energy Tsar just holds up a shinny spinning thinkie and whispers into o’s big ears. I would bet money that this nut has authored papers on the feasibility and benefits of moving vast populations into centralized communal villages.

  15. Here’s the part I don’t get.

    In January 2008, when Obama ascended to the throne, crude was $98.00 a barrel, and gasoline was $1.89 a gallon nationally.

    Four years later, crude is $84.00 a barrel and gasoline is $3.84 a gallon.

    How’s that work, exactly?

  16. i remember when gas prices rose during the bush administration. according to the media it was apocalyptic. it was front page news everyday, it was all over the evening news. people were having to make changes in their lifestyles. now gas prices are even higher and nobody seems to care. another example of the power of the democratic party-media complex’s ability to influence how people think.



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