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Gas prices continue upward climb
Nuke Gingrich ^ | 6/12/09 | Nuke Gingrich

Posted on 06/12/2009 9:37:04 AM PDT by grandpa jones

2009-Jan 01/05 173.7 01/12 183.5 01/19 189.8 01/26 189.0
2009-Feb 02/02 194.4 02/09 197.8 02/16 201.6 02/23 196.3
2009-Mar 03/02 198.8 03/09 199.3 03/16 196.4 03/23 201.4
2009-Apr 04/06 209.0 04/13 210.4 04/20 211.2 04/27 210.2
2009-May 05/04 212.9 05/11 229.0 05/18 236.0 05/25 248.5
2009-Jun 06/01 257.2 06/08 267.3
source

You may notice that the average retail price of gas that President Obama inherited was around $1.89.

Five months into the Obama presidency, the price has increased by 41%.

The price spikes of 2008 brought calls for nationalization of the oil industry by a handful of Democrats, but at the time nobody took those calls seriously. It would have been simply unimaginable.

But then, who would have imagined government ownership of GM, AIG, and Citi?


TOPICS: Business/Economy; Government
KEYWORDS: bigoil; gasprices; nationalization

1 posted on 06/12/2009 9:37:06 AM PDT by grandpa jones
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To: grandpa jones

Bush’s fault


2 posted on 06/12/2009 9:38:48 AM PDT by satan
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To: grandpa jones

Bush’s fault.

Um, er, I mean, yeah, gotta be Bush’s fault, right?


3 posted on 06/12/2009 9:39:09 AM PDT by Zeddicus
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To: grandpa jones

Gee, last summer that’s all we heard about from the media - non-stop. Bush and the evil oil companies’ fault. Whose fault is it now? zero campaigned on jobs, lowering gas prices, fixing the economy, etc. So far, he hasn’t delivered on ANYTHING.


4 posted on 06/12/2009 9:39:56 AM PDT by jersey117
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To: jersey117

But he has delivered if you really knew what he was about. In fact, he has bested my expectations. We are now almost a full fledged socialist country.


5 posted on 06/12/2009 9:45:33 AM PDT by lbama
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To: grandpa jones

Obama - “I inherited rising gas prices from the previous administration.”


6 posted on 06/12/2009 9:46:13 AM PDT by TSgt (Extreme vitriol and rancorous replies served daily. - Mike W USAF)
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To: jersey117
well, he has managed to apologize to terrorists and give them Miranda rights, run up the largest budget deficit in the history of the Republic, propose nationalization of health care, call the United State "a muslim nation," appoint a record number of tax cheats to his Cabinet, bring an affirmative action appointee to the Supreme Court, and invent the creative phrase create or save with respect to jobs ...

Obama's been busy.

The GOP had better sharpen up their rhetoric, and fast, or this country will collapse under the weight of Obama's hubris.

7 posted on 06/12/2009 9:53:14 AM PDT by grandpa jones (obama must be exhausted, having to tote that giant brain of his around all the time.,.)
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To: grandpa jones

Remember how the media set up their cameras at 5 AM at gas stations, waiting for the one that would first post a price with a big number 4 at the beginning? 3.9999 wasn’t good enough for their small minds. They needed a big 4 to flash on their TV screen to impress the small minds of their viewers that Bush Was Bad and Bush Made The Gas Prices Go Up.

Now, gas prices will soon have the big 3 at the beginning, and the media are off covering the latest insults to the Palin family and trying to bolster their agenda that “Christofascists” are more dangerous than islamic fascists.


8 posted on 06/12/2009 9:57:20 AM PDT by Leftism is Mentally Deranged (leftism is not just mad, it's evil)
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To: grandpa jones

This belongs right on Obama’s doorstep.

With all the borrowing and the printing of money he has made it worthless, so it takes more to buy less.

Gas prices are just the beginning. Soon this inflation will be everywhere.


9 posted on 06/12/2009 9:58:00 AM PDT by Venturer
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To: grandpa jones

This is by design

Allows Obama to push draconian conservation and green policies

Allows Congressional Libs to bash Big Oil and go after the futures markets


10 posted on 06/12/2009 10:02:54 AM PDT by Buckeye McFrog
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To: Venturer
Soon this inflation will be everywhere

I thought so too until the most recent 30y auction.

11 posted on 06/12/2009 10:05:47 AM PDT by grandpa jones (obama must be exhausted, having to tote that giant brain of his around all the time.,.)
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To: grandpa jones

I just read the other day that the Saudis will probably not increase production unless price of oil reaches $100 barrel. That would probably mean gas at around $3.00 - $3.50 gal.


12 posted on 06/12/2009 10:11:52 AM PDT by smokingfrog ( Don't mess with the mockingbird! /\/\ http://tiny.cc/freepthis)
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To: smokingfrog

At this rate, that should be around November.


13 posted on 06/12/2009 10:13:35 AM PDT by grandpa jones (obama must be exhausted, having to tote that giant brain of his around all the time.,.)
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To: Leftism is Mentally Deranged
I don't lay this on the media as much as I do on the GOP.

The media are Obama sycophants, but the GOP could start playing smart and dominate the news cycle if there was some savvy leadership.

Boehner/McConnell are pretty lame.

14 posted on 06/12/2009 10:17:08 AM PDT by grandpa jones (obama must be exhausted, having to tote that giant brain of his around all the time.,.)
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To: All

And meanwhile 0bama twiddles his thumbs...


15 posted on 06/12/2009 10:19:34 AM PDT by pepperhead (Kennedys float, Mary Jos don't)
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To: grandpa jones

Five months into the Obama presidency, the price has increased by 41% = OBAMANOMICS in action,he said he had a plan for change and it’s working.


16 posted on 06/12/2009 11:32:59 AM PDT by Vaduz
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