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Gasoline Prices More than Double Under Obama: $1.84 to $3.85
cnsnews.com ^ | Sept 14 2012 | cnsnews.com

Posted on 09/14/2012 5:41:36 PM PDT by NoLibZone

Average retail gasoline prices have more than doubled under President Obama, according to government statistics, rising from $1.84 per gallon to $3.85 per gallon.

The average gasoline price is calculated by the Energy Information Agency, and shows that over the past 43 months of President Obama’s term retail gasoline prices have more than doubled, rising from an average of $1.84 per gallon to $3.85 per gallon.

Rising gasoline prices were particularly prevalent in August, which saw a 9.0 percent rise in the Consumer Price Index (CPI) for gasoline, a rise that almost entirely accounts for the general increase in prices seen by families across the country over the past month.

In other words, the recent spike in prices for all goods – tracked by the government’s Consumer Price Index – can be almost entirely accounted for by the rise in gasoline prices. Prices in the economy rose by 0.6 percent overall in August.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: gas; gasprices; oilprices
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1 posted on 09/14/2012 5:41:40 PM PDT by NoLibZone
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To: NoLibZone

I am paying $4.22 in Cali.


2 posted on 09/14/2012 5:44:41 PM PDT by funfan
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To: NoLibZone

Hard to figure out what’s been going on here, halfway between Cleveland and Akron! 4 days ago, it was $4 a gallon. Yesterday, $3.85, and today $3.65. Fairly large swing, in a short time!


3 posted on 09/14/2012 5:45:41 PM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: NoLibZone

I’m pretty sure these skyrocketing gas prices are what is giving Barry his big “bump” in the recent “polls”. The morons living in this country love paying high gas prices because, Everybody Loves Barry.


4 posted on 09/14/2012 5:46:14 PM PDT by FlingWingFlyer (The United States of America apologizing to knuckledragging, cavedwelling Neandethals. Whodda thunk!)
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To: NoLibZone
I've been putting this sticker on gas pumps:

"Somehow we have to figure
out how to boost the price of
gasoline to the [$8-$10/gal]
levels in Europe." - Barack Obama's
Energy Secretary Steve Chu. Had enough yet???

I've sized mine to fit twelve to a sheet of easy to remove bumper sticker stock...

I will send a dozen stickers to anyone who FReepmails me their address.

I will send the Excel file to anyone who FReepmails me their email address, PROVIDED they promise to only use removable stock.

5 posted on 09/14/2012 5:46:52 PM PDT by null and void (Day 1334 of our ObamaVacation from reality - Obama, a queer and present danger)
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To: funfan

We just hit $3.999 here in Pa. But it’s all good, stimulus and all you know.


6 posted on 09/14/2012 5:46:52 PM PDT by stevio (God, guns, guts.)
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To: NoLibZone

I am paying $4.22 in Cali.


7 posted on 09/14/2012 5:48:11 PM PDT by funfan
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To: NoLibZone
April 13, 2012: 5:18 AM ET

CNN:Why gas prices may have peaked

"All of the bad things we were really worried about don't look like they will happen," said Kevin Lindemer, an independent energy consultant that has worked for Irving Oil and Cambridge Energy Research Associates. "If we have an uneventful summer, there's nothing fundamental that should cause prices to go much higher."

8 posted on 09/14/2012 5:48:14 PM PDT by frogjerk (OBAMA NOV 2012 = HORSEMEAT)
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To: NoLibZone

Someone needs to dig out the Al Gore speech from 1992.

“Everything that should be down, is up. Everything that should be up, is down.”


9 posted on 09/14/2012 5:50:18 PM PDT by lurk
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To: NoLibZone
Gas prices up. Unemployment at 8.1%, and over 11% if the participation rate was the same as it was in 2007. Country in debt for trillions with unsustainable entitlements. And, after spending trillions to fix the economy, the Fed just acknowledged it failed by passing QE3 to provide more stimulus.

And the stock market has skyrocketed through all of this. I don't get this at all.

10 posted on 09/14/2012 5:56:49 PM PDT by TwelveOfTwenty (Ho, ho, hey, hey, I'm BUYcotting Chick-Fil-A)
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To: NoLibZone

Circumstances being what they are it would seem the price could be poised to go further through the roof here shortly.


11 posted on 09/14/2012 5:59:29 PM PDT by John W (Viva Cristo Rey!)
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To: Dr. Bogus Pachysandra

Every time I fill up, and spend an extra $20 doing so, I console myself by considering it a campaign contribution to beat Obama. Believe me, people are aware of it..


12 posted on 09/14/2012 5:59:32 PM PDT by ken5050
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To: NoLibZone
Dear Team Romney,

PLAY THE F'ING CLIP OF OBAMA SAYING WE SHOULD PAY THE SAME GAS PRICES AS THEY DO IN EUROPE!

How F'ing Hard is it to make Campaign VIDEOS !?!

Keep playing like you want to lose (?!?) and MAN THE F UP!!

/r

13 posted on 09/14/2012 6:02:34 PM PDT by IllumiNaughtyByNature ($1.84 - The price of a gallon of gas on Jan. 20th, 2009.)
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To: NoLibZone

$4.00 in Minneapolis today.


14 posted on 09/14/2012 6:02:54 PM PDT by stevem
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To: NoLibZone

$4.00 in Minneapolis today.


15 posted on 09/14/2012 6:03:01 PM PDT by stevem
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To: TwelveOfTwenty
And the stock market has skyrocketed through all of this. I don't get this at all.

My understanding (and if I am wrong, I am sure I will be corrected here by my FRiends -- hopefully in a kind way) is that the stock market is soaring not because the stocks are worth more but because it costs more of our overprinted, devalued dollars to buy them.
16 posted on 09/14/2012 6:10:31 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: funfan

Same here for the Harleys.

They can’t drink the cheap stuff.


17 posted on 09/14/2012 6:10:34 PM PDT by Salamander (Can't sleep, the clowns will eat me)
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To: funfan

I put in a few gallons today. 4.25 long island, ny.


18 posted on 09/14/2012 6:11:57 PM PDT by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: null and void

SCURRILOUS VANDAL!!!!

LOL


19 posted on 09/14/2012 6:12:24 PM PDT by Salamander (Can't sleep, the clowns will eat me)
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To: NoLibZone

The last week in October 2008 gas at my local station had dropped down to $1.55 9/10.

We filled the cars and all the gas cans we could find.
It was still only around $1.80 when King Obama was coronated.


20 posted on 09/14/2012 6:25:05 PM PDT by Iron Munro ("In any compromise between good and evil, it is only evil that can profit." - Ayn Rand)
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