gas prices will hurt the Obama (injection, companies, dollars, economy)
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Gas prices are an indicator of the economic recovery. If you plot unemployment versus gas prices, you'll find a nearly inverse relationship. Likewise, when the economy blew up, the first thing to drop was gas prices so you have:
Increasing unemployment, decreasing gas prices.
or
Increasing gas prices, decreasing unemployment.
This leads to a very simple Republican strategy:
When the economy is improving, blame the president for rising gas prices. When the economy is faltering, blame the president for higher unemployment. They need to keep focusing the population on the negative and try to stick it on the president. Whatever they do, don't give any specific ideas on how they would address the issue, and stick to the tired mantra of "lower taxes, less regulation, more 'freedom'", yadda yadda yadda.
The Republican party is best at opposition because it has utterly failed at leadership.
Obama could push through a measure to lower federal fuel taxes with the stipulation that any reduction in taxes be mirrored by a reduction in consumer prices at the pump.
The level of federal tax imposed on fuel prices borders on obscene.
Federal excise taxes on fuel are far lower than other developed countries. Right now it is roughly $.18/gallon in the US for gasoline. That tax is to pay for transportation projects, and is falling far short.
Obama's energy czar still in office...we must raise the price of gasoline
Gas prices are diagnostic of obama's mismanagement of the Gulf oil crisis and the keystone pipeline, banning oil drilling, EPA complexity killing refinery construction, local gasoline recipes and their extraordinary costs, and lest we not forget a weak dollar.
Other than that we have Obama's energy czar, still in office, actually advocating that gasoline prices must be raised to wean people off fossil fuels.
Toss in the obama speech that energy prices must skyrocket along with high gasoline prices and you have an incumbent only an America hater could embrace.
Please explain what enlightened vision overcame the press and Dems to suddenly switch position and claim the president has no impact on gas prices
I love high gas prices. They're a great tax on stupid people. I wish I saw someone doing that at a pump near me. I'd note in shock, "you mean the president forced you to buy that gas guzzling piece of ****." Of course, that ignores that the Pres doesn't set gas prices, but explaining things to stupid people is very hard sometimes.
So Chu sets the prices of global commodities now? Oh wait, are you just talking about something unrelated to try to make it seem that the President sets those prices?
They went up on Obama because of the same reasons they went up under Bush. These reasons are A: there's little the President can do about it.
Know what's funny? People want the President to LOCK the gas prices at a REASONABLE price and then take ALL the GAS and MAKE it this Price for EVERYONE and then, they can call him a COMMUNIST and be RIGHT for a CHANGE.
Bread prices are up under Obama. So are like, a whole boatload of other items used daily by Americans. The simple fix? Obama should just set reasonable prices on everything that is used by people, and NOT JUST GAS. I WANNA SAVE ON EVERYTHING OBAMA!!!! YOU OWE ME THAT MUCH OR I WILL CUSS UP A STORM AND BLAME YOU FOR EVERYTHING.
Speculators are driving the price. The president turns of 700,000 gallons of oil from keystone a day. The president put a moratorium and drilling in the gulf , what do you think speculators will do in both these cases?
Other items are rising because of the cost to ship them.
The energy secretary says he wants high gas prices, whose energy secretary is that?
Obama
Ultimately the buck stops with the president.
Federal excise taxes on fuel are far lower than other developed countries. Right now it is roughly $.18/gallon in the US for gasoline. That tax is to pay for transportation projects, and is falling far short.
Through the combination of state and federal taxes, the government collects an average48 cents on each gallon of gasoline sold in the United States.
Gasoline taxes are far higher in some states, such as California and New York, where motorists pay about 66 cents. Taxes are even higher on diesel, which fuels commercial transportation.
By contrast, during the first three months of this year, for every gallon of gasoline and other products ExxonMobil refined and sold in the United States, we earned about 7 cents.
Gas prices are diagnostic of obama's mismanagement of the Gulf oil crisis and the keystone pipeline, banning oil drilling, EPA complexity killing refinery construction, local gasoline recipes and their extraordinary costs, and lest we not forget a weak dollar.
You sure about that? It's odd because global media outlets such as the Economist blame the price of oil on supply issues in northern Africa, the North Sea and also some political troubles in the Middle East. Basically speculators figure there might be supply side problems so they're driving up the price of futures.
In terms of your comments, the Gulf oil crisis seemed to be handled quite well. The number of rigs shut down there was something like 15 and is a drop in the bucket compared to global supply. The keystone pipeline, already under construction by the way, won't be finished until 2015 and the existing pipes aren't even saturated by Canada at this point.
There is excess refining capacity in the United States right now as well. We're exporting gasoline.
Essentially, everything you said is completely wrong and you need to learn what you're talking about before you post here.
The fact that gas prices are going and Obama has said there is nothing he can do about it shows to the left and the right he has zero leadership skills. who does higher gas prices hurt , the middle class and poor the people he suppose to be helping and his answer is there is nothing he can do
of course it is going to hurt him. We will be paying more for everything, the unemployment rate could go back up and when we can hardly afford our food we will see how popular he is.
of course it is going to hurt him. We will be paying more for everything, the unemployment rate could go back up and when we can hardly afford our food we will see how popular he is.
I hope they keep thinking gas prices this summer will not hurt him.
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Obama's energy czar still in office...we must raise the price of gasoline
