Skip to comments.GOP's gas price politics could prove fleeting (Obama takes office $1.68, Obama now $3.88)
Posted on 03/27/2012 3:31:03 AM PDT by tobyhill
Republicans have in recent weeks waged an all-out blitz against President Barack Obama over the issue of gas prices, but the political benefit could prove fleeting, if and when fuel prices decline.
The steady rise in gas prices this spring provides Republicans with their most immediate example of the pocketbook fleecing suffered by voters, prompting the party to pounce. While some indicators point toward a tentative economic recovery -- which could be to the presidents political benefit -- the lost income associated with higher gas prices has led the GOPs presidential contenders and leaders in Congress to complain that its Obamas energy policies that have contributed to upped costs.
And from Republicans vantage point, Obama is on the ropes on the issue. They point to his energy tour last week, which included a stop at the southern portion of the Keystone XL Pipeline, as an example of the White Houses response to Republican pressure.
The issue of gas prices is near the top now in terms of what we're hearing from people, said Republican Colorado Rep. Cory Gardner. President Obama wouldn't be taking credit for a pipeline he has nothing to do with unless he weren't feeling pressure that he's not doing enough.
(Excerpt) Read more at firstread.msnbc.msn.com ...
The point at which gas prices start to shut down our economy to my thinking at least is below $4/gallon and we’ve been at or above that point for over a year now. I don’t picture anybody forgetting this before November.
“Republicans have in recent weeks waged an all-out blitz against President Barack Obama over the issue of gas prices,”
If this is the Republican idea of a “all-out blitz” its no wonder we are getting no where fast!
That picture is not surprising at all.
I’m thinking that Obama will find a way to get those gas prices down before Election Day.
“Im thinking that Obama will find a way to get those gas prices down before Election Day.”
I’d be interested in how he reduces inflation while increasing spending; a lot of the gas price increase has been mirrored in supermarkets. With the current job market and inflation, he stands no chance.
What O'Brien and all of his sycophant, Obamabot, bros and sisters in the Lame Stream Media reallllly mean is they are hoping against hope that these high gas prices will not have any affect on the reelection of their Messiah and they all intend to do everything in their power to see that the poor sheeple are disabused of the notion that the Fascist, Neo-Commie is in any way responsible.
LOL. I still remember reading on National Review (I forget the author) how we conservatives ought to be careful about criticizing Obama, just in case the stimulus worked.
First... the law of supply and demand is still in effect... so is gravity. Nothing will change the supply but the Strategic oil supply being tapped... and if he taps that... it will be a short lived and tiny change. obama wants these high prices and anything that he does to lower them... angers his base. Remember... our enemies are insane.
As long as there are 24/7 sports and the beer flows freely, most people will accept and move on. They think that “dear leader” is doing the best he can and other such tripe.
Before gas prices decline in the fall, they will do a lot of damage to the economy. Its not a matter of voter’s memory...its more a matter of how many voters will be fully employed in an economy weakened by high fuel prices. Fuel is more than gasoline...its diesel fuel and Jet-A fuel, both of which impact the economy just as much as gasoline.
For this issue to be “off the table” during election season, prices will have to begin falling in June...not August/September.
Heating Oil prices will not be a factor in the elction cycle because the country does not heat with oil as much as 30-40 years ago. The major market for heating oil is in the northeast states which are Blue anyway.
If this is the Republican idea of a all-out blitz its no wonder we are getting no where fast!
I agree...the GOP has been quite docile on this issue. But, maybe thats for the best. Fuel prices are something that is "in the voters face' every day. They see fuel prices every time they pass a gas station and feel fuel prices every time the fill their tanks or buy groceries. Republican candidates don't need to appear as though they are cheering on high fuel prices...Let the blogosphere and talk radio do that for them.
There isn't a darn thing that 0bama can or will do to lower fuel prices. The only things that can lower fuel prices are reduced demand or resolution to the Iranian situation.
The president has hinted at a co-ordinated release of oil from the SPR and Saudia Arabia is sending a "wall of oil" to the US to beat down oil prices. Neither action has had a lasting affect on oil prices because the amount of oil is virtually insignificant in a 90 million bpd global market.
Even if “the one” gets gas prices down to reasonable prices, the damange is already done due the inflation in all other items which increased and will not decrese in price after a oil price drop. Obama needs high gas prices to balance his budget on the backs of the people through inflation’s hidden equalizing effect on money spent by the government. It is the same when our currency value drops after we have international trade and we repay the debt in devalued dollars.
Whistling past the grave yard
every time I walk out of the grocery store and look at the receipt, I ask “what the #$%$% did I buy?”, prices are moving up, fast.
What way? How? Release of strategic oil reserve will have little impact.
Exactly There is no amount of lies and deception by Obama and his media that would decrease the high anxiety and anger of the majority of voters due to high gas prices and the high consumer goods prices caused by high gas prices
Spoken like true insular Libs who either take the NY subway or get a chauffeur driven limo ride to work every day.
He could do this with a well-timed perp walk of some Grrrrrreeeedy Oil Speculators that would have the effect of collapsing the futures market.
No, that would not do it! Greeeeedy Oil Speculators have lawyers who would get the targetted individual off the hook. Also, oil is traded on markets overseas. If the US futures markets become unavailable to oil speculators then they would switch to the Hong Kong exchange...or some other exchange. One other thing to remember...eventually (after driving season) oil and gas prices begin to recede because oil speculators react to the reduced demand and bid those prices down. 0bama would need those speculators to be in place and active when that time comes...if speculators are pi#&ed off at him they might not be willing to reduce those prices in September/October when he needs them reduced.
The truth of the matter is that much of the runup in oil prices is due to the Fed and ECB printing so darn much money. At this point, all that money printing cannot be undone.
Partisan Media Shill ping. Thanks tobyhill.