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Discussion in 'News / Current Events' started by mandym, Feb 24, 2012.
Give it some more time. Gas prices reached $4.25 a gallon in 2008 under Bush, here in Minnesota. We're only at $3.60 nowadays.
I'm seeing coverage of it in my area. The Minneapois (Red) StarTribune has run unflattering stories about Obama and the gas price issue.
Once gas prices get over $4.00 a gallon I'm sure the stories will be flying around the media.
Naa the press always tied it to Bush. Now they are working to tie it to wall street. Bush isn't around so their knew wiping boy is wall street.
More like it was the Dems that tied it to Bush and the press cooperated by giving them coverage. Barack Obama was one of the prime players in 2008.
Give them time, I'm sure the big wigs are figuring out a way to blame Bush. In fact, I heard a rumor they are trying to blame the current gas prices on President H. Hoover.
When gas hits five bucks I will have an excuse to stay inside Washington State.
Oh, Bummer, I thought you were going to hop on I-90, say hi to Woddy, then come straight to the Salt City, for the Great New York State Fair in Aug.
This ran in the Chicago Tribune, a fairly liberal rag, on Thursday. And it's the flagship newspaper in Obama's home state. The word is getting out.
This is the appropriate perspective.
Keep in mind that under Bush gas went from almost $1 to almost $5 a gallon. That is a substantial increase like you don't usually see. It was worth discussion and media attention.
Once gas gets about $4/gallon for everyone the pitchforks and torches will come out and people won't be happy.
Perhaps the one consistent trend we can "love" about the American public is their pocketbook matters more than any moral or political stance when they walk to the booth.
Yep, and it was the first time gas got to $4.00 a gallon. It was a big deal.
Exactly. Another perspective is that there really is no need for the media to hype gasoline prices. Who isn't aware of them?
As far as I can tell, based on current media memes, Bush could have done something about it but Obama cannot.
In fact, what a President CAN do -- and what Bush did do once it became patently evident that the true drivers of price were not the oil companies, nor the refineries, nor the gas stations, but instead the FUTURES MARKET -- was to announce that we would enact whatever reforms we need to enact in order to bring the price lower. Bush did that and the price inflation collapsed within months. Obama is not willing to do that because the moment he does, he looses the support (read that MONEY) from the "green" community. Yes, the same "green" community that made sure that he would nix the oil pipeline.
ALL Obama would have to do is stand before the American people and announce that due to the current market issues concerning fuel costs that he changed his mind about the pipeline. Prices would come into order within days as the futures market would again crash. Don't hold your breath for that to happen. He actually LIKES the high prices and predicted before his election that he would manage to drive the prices above $4 before the end of his first term. That is his plan to FORCE other alternatives -- and also to eventually force additional government controls over yet another market in his continual advance into Marxist socialism.
>Yep, and it was the first time gas got to $4.00 a gallon. It was a big deal.
So the 2nd time should be no surprise and you all should be expecting $4 and then $5.
Quickest way to lower the gas price is a federal 60 MPH speed limit and a federal speeding tax of $10 for every mile per hour over the limit written on every State, county, and local speeding ticket to be collected and paid by the states.
Nothing constitutional about that.
Your suggestions are increasingly odd...I wonder if most are made only to ruffle feathers.
He as much said so a while back.
In 2011 Obama released some oil from the Strategic Petroleum Reserve to blunt rising gasoline prices; Bush did not do so in 2008.
What alternate timeline did this happen in? The reason why gas spiked in 2008 was because of several reasons--high demand esp. from India and China, low refinery capacity, and yes, speculation on futures pricing. You really think that Bush announcing he INTENDS to try to enact reforms caused speculators to curl up in the fetal position and suck their thumbs? No, the reason why gas prices plummeted in the fall of 2008 was because of the RECESSION. People were cutting back on everything, including driving. Sheesh!
Seriously, buy a clue. The futures market is going crazy right now because of concern over Iran closing the Straits of Hormuz. You think prices would immediately drop if Obama announces a pipeline is going to be built so that in three or four years we will have Canadian oil being refined in Texas?
From the link:
While this position may be slightly unfair to the President (Mr. Chu was not yet in the Administration at the time he made the remarks, so any link between it and administration policy is tenuous.)
Fail. Obama is not cited here, and the person that is cited was not a part of the administration.
Fail. Short video clip is taken out of context and gives no indication of the subject matter..
Interviewer: "So could these high prices help us?"
Obama: "I would have preferred a more gradual adjustment."
Obama does not say that his goal is to drive gasoline to $4.00 by the end of his first term.
Fail. Obama says that his cap and trade policies will cause electricity prices to skyrocket. No mention of gas or oil.
Sometimes I think you just work to be contrary for contrary's sake:
Energy Secretary Steven Chu’s
You need to go revisit it. That is not all he said.
For anyone else who wants to be reasonable: