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Old 12-18-2014, 09:28 PM
 
73,020 posts, read 62,622,338 times
Reputation: 21933

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Quote:
Originally Posted by Pailhead View Post
Surprised they are not giving the credit to Reagan or Bush
Interesting thing is this. Whenever there have been times people didn't agree with President Obama, certain persons on facebook have made it very clear. With the relatively cheap gas prices, I haven't heard anyone talk about that on facebook, period. One big irony is that many persons I know are parents, and I would think they of all people would be very vocally happy about the dropping gas prices.
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Old 12-18-2014, 11:33 PM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by pghquest View Post
Because obama and left wing kooks opposed every policy which is causing the price to fall, in particular, things like drill baby drill.
So that's why production has exploded?
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Old 12-18-2014, 11:34 PM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by chicagogeorge View Post
One reason price of gas is down is because OPEC want's to slow the growth of American Shale oil, so they increased output. They want to keep their share of the market.


I wonder if we could have helped cause a drop in gasoline prices if the federal government allowed for more oil exploration on federally owned lands?


Oil and Gas Production Decline on Federal Lands . . . Again - IER
Off shore production is down because of shale and the Deep Water Horizon environmental disaster.
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Old 12-19-2014, 12:00 AM
 
2,234 posts, read 1,759,438 times
Reputation: 856
Default Paid $2.24 A Gallon This Morning - Thanks Obama

Gas prices are lower than they have been in years. Being that Republicans credited Obama with the rise of gas prices, will they give him the credit he deserves?


Quote:
Originally Posted by Mitt Romney
Mitt Romney: Obama to blame for high gas prices
The Republican presidential candidate, speaking in an interview with Fox News, said he "absolutely" believes Mr. Obama is responsible for high gas prices...
Quote:
Originally Posted by NYPost
Rising Gas Prices Give G.O.P. Issue to Attack Obama
White House officials are preparing for Republicans to use consumer angst about the cost of oil and gas to condemn his energy programs and buttress their argument that his economic policies are not working.
Quote:
High Gas Prices Are President Obama's Fault
The President can blame others all he wants, but he cannot escape the facts. On the day Obama was sworn in, gas prices on average were $1.84 a gallon. As of Feb. 20, 2012 a gallon of gas on average was $3.59. In February, gas prices have spiked to $4.33 per gallon in Oakland, Calif.
Quote:
Gas Prices Officially Double Under Obama
Feeling pain at the pump? You're not alone. Gas prices have officially doubled in President Obama's first term....
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Old 12-19-2014, 03:53 AM
 
Location: Center of the universe
24,645 posts, read 38,655,954 times
Reputation: 11780
2.05 today. Thanks, Mr. President!
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Old 12-19-2014, 05:20 AM
 
2,776 posts, read 3,595,964 times
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Much of the cost of gasoline/diesel is due to fed+state taxes....blame Congress or your state legislature for it not being even lower.
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Old 12-19-2014, 05:51 AM
 
Location: Old Bellevue, WA
18,782 posts, read 17,364,082 times
Reputation: 7990
Republicans never believed in the theory that the president has a secret dial under his desk by which he controls the price of oil. That is, and always has been, a Democratic hobby horse.

I still remember winter of 2000-2001 after Bush was elected, gas prices were going up sharply. There were howls of 'Bush/Cheney done it.' Senate Dems led by Chuckie Schumer loudly called for an investigation into big oil. By the end of 2001, oil prices were going down, and gas was selling for under $1/gal in low tax states. Schumer quietly dropped the investigation.

Analysts always will cite supply/demand. Democrats, as evidenced by 'Thanks Mr. President,' still hold to the secret dial theory.
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Old 12-19-2014, 05:58 AM
 
Location: Old Bellevue, WA
18,782 posts, read 17,364,082 times
Reputation: 7990
That brings up another point, too. In 2001 we had the tech bubble/crash and the 9/11 attacks, all of which yielded a weak economy. I think it's probably safe to say that falling oil prices usually go hand in hand with weak economic performance.
Oil price plunge continues as IEA forecasts weaker demand in 2015 | Business | The Guardian

So Democrats can save their shoulders, and stop patting themselves on the back over falling oil prices.
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Old 12-19-2014, 06:04 AM
 
Location: Prepperland
19,029 posts, read 14,209,414 times
Reputation: 16747
Politicians are the kind of people who see a parade and rush to the front, acting like they are the leaders and responsible for the parade.
Of course, when the parade changes direction on them, they do appear foolish as they try to rush to the forefront, once more.
And so do their supporters.
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Old 12-19-2014, 06:21 AM
 
Location: Fredericktown,Ohio
7,168 posts, read 5,366,904 times
Reputation: 2922
Quote:
Originally Posted by wutitiz View Post
Republicans never believed in the theory that the president has a secret dial under his desk by which he controls the price of oil. That is, and always has been, a Democratic hobby horse.

I still remember winter of 2000-2001 after Bush was elected, gas prices were going up sharply. There were howls of 'Bush/Cheney done it.' Senate Dems led by Chuckie Schumer loudly called for an investigation into big oil. By the end of 2001, oil prices were going down, and gas was selling for under $1/gal in low tax states. Schumer quietly dropped the investigation.

Analysts always will cite supply/demand. Democrats, as evidenced by 'Thanks Mr. President,' still hold to the secret dial theory.
This whole idiotic screed has been fueled by the media and as you have pointed out was prominent during the early Bush years. My liberal family and friends lapped that nonsense up and the scary part was some of them were college educated
What is a bummer is that some posters on the right have entered the same lobotomy room and were sarcastically thanking Obama for the price of gas at 3.89 and now find themselves in a box now that the price is 2.29. As Gump would say " stupid is what stupid does"
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