Posted on 03/10/2011 1:46:40 PM PST by MissesBush
That's compared to a 7 percent increase under Bush in his first 26 months.
Ah, January of 2009. Hope was in the air, but more importantly, gas was under two dollars a gallon. Since then gas prices, have gone up 67 percent and it's an ominously upward trend. Interestingly enough, the Heritage Foundation also took a look at the first 26 months of Bush's presidency -- gas only rose 7 percent during that time frame.
Now obviously turmoil in the Middle East has something to do with our current astronomical gas prices, but keep in mind that by this point in the Bush presidency 9/11 had happened and we were on the verge of invading Iraq. So while the president can't be entirely responsible for global commodity prices, it's still worth asking what Obama's doing to make things worse.
After all, this is the President who told us "We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK.”
This is the President that appointed a Secretary of the Interior that famously said he didn't mind if gas hit $10 a gallon.
This is the President whose administration secretly urged him to bypass needed Congressional approval to create as many at 17 national monuments throughout the west, effectively closing off all that land to energy exploration forever.
This is the President who has illegally tried to illegally enforce an offshore drilling ban.
How much higher is gas going to go before the Administration takes a long hard look at what its doing to send gas prices through the roof?
Can’t blame Bush or Palin for this, either!
Stroker owns it!
So, I guess, if I have the math right, hope and change are down 67%?
and where is the outrage?
Just wait for the major recession that is coming... and they lose their jobs...cant make ends... then see where Obama takes this country.
What a freak, that messiah, “the great uniter” stirring up the unions, stirring the races, soon it will be the Nation of Islam....
Obama won't admit he's wrong on the stimulus, Obamacare, or his profligate spending ....... why would he ever take a look at gas prices? (/s)
Yep!
LMAO
The rate of everything goes up with Obama!
Unemployment.
Misery.
Healthcare rates.
What’s wrong? O said there would be changes and by gosh there are changes. Unfortunately, my last fillup was $49 dollars.
$76.76
Notice the huge runnup in '08 right before the election. That was when we had $4.50/gal gas and we all thought the sky was falling. Notice around Oct '08 prices dropped like a stone. What changed? Nothing except that horrid old GW Bush said he was opening up domestic drilling and issuing new permits. Shortly after that McCain threw the '08 election , Hussein got in and all talk of new drilling ended.
The point is, even if the new wells don't come online immediately, the futures traders have a lot of money on the table. Even a hint of new supply and they run for the hills, it sets up a chain reaction and the price falls.
Imagine if the commodities traders thought for a second that Hussein was SERIOUS about new drilling, new nuke plants and new coal liquifacation plants. Just the thought of new energy sources (not windmills or any of that BS) would do a lot to stabilize prices. Throw in a monetary policy consisting of something besides print...print ...print, and I think we'd be headed for a nice recovery.
Just a layman's opinion.
Quick! Somebody post that video of the woman carrying on about not having to pay for gas or rent anymore when Obama becomes POTUS.
Quick! Somebody post that video of the woman carrying on about not having to pay for gas or rent anymore when Obama becomes POTUS.
I beat you to it. See #12.
Remember that woman from Florida (I think) who was ecstatic that Obama had been elected because now she wouldn’t have to worry about making her mortgage payment or putting gas in her car? Bwaaaahahahahahahaha
Dang! I’m always a day late and a dollar short.
The msm has pleaded in places that its because of the recovery. The tools.
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