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Obama: Rising Gas Prices Means The Economy Is Strengthening (video)
RealClearPolitics ^ | February 15, 2012 | RealClearPolitics

Posted on 02/15/2012 8:23:10 AM PST by i88schwartz

At a press event on the payroll tax cut yesterday, President Obama mentioned how extending the proposal would help Americans pay for gas as the price increases.

Obama attributed the growing price of oil to a strengthening economy which in turn means demand for oil increases.

"And when gas prices are on the rise again because as the economy strengthens, global demand for oil increases. And if we start seeing significant increases in gas prices, losing that $40 could not come at a worse time," Obama said.

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


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: barackobama; gasprices
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To: i88schwartz

Clueless, absolutely clueless.


51 posted on 02/15/2012 9:13:52 AM PST by servantboy777
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To: FerociousRabbit

I like to curb my enthusiasm............


52 posted on 02/15/2012 9:14:20 AM PST by Red Badger (If you are unemployed long enough, you are no longer unemployed.)
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To: i88schwartz

It already costs me $20 in gas to make $120 a day.


53 posted on 02/15/2012 9:14:20 AM PST by goseminoles
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To: i88schwartz; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; ...
RE “And when gas prices are on the rise again because as the economy strengthens, global demand for oil increases. And if we start seeing significant increases in gas prices, losing that $40 could not come at a worse time,” Obama said.

What he really means is : “ And if we start seeing significant increases in gas prices, my re-election could not come at a worse time,

On the Maryland front our liberal middle class robbing Governor O Malley is now trying to ram through a 35 cents gasoline tax increase after raising general sales taxes in 2008, and alcohol tax last year.

Just the rich will pay?? fat chance!

54 posted on 02/15/2012 9:18:11 AM PST by sickoflibs (You MUST support the lesser of two RINOs or we all die!)
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To: i88schwartz
Of course, that's NOT what he said a couple of years ago...

SKYROCKET
55 posted on 02/15/2012 9:19:37 AM PST by FrankR (You are only enslaved to the extent of the entitlements you receive.)
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To: Southside_Chicago_Republican

I remember 19 cents in SoCal in the early 60’s, I used to go to the store for my parents with a Dollar and get a Loaf of bread and a half gallon of milk and come home with change. A quarter was an all day of fun on our Mini Bikes


56 posted on 02/15/2012 9:21:29 AM PST by eyeamok
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To: i88schwartz

This was in fact the case in the previous administration. This time, not so much...


57 posted on 02/15/2012 9:23:24 AM PST by CSM (Keeper of the "Dave Ramsey Fan" ping list. FReepmail me if you want your beeber stuned.)
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To: F15Eagle

Obama’s pissing on our leg - trying to convince us it’s raining...


58 posted on 02/15/2012 9:24:17 AM PST by GOPJ (GAS WAS $1.85 per gallon on the day Obama was Inaugurated! - - freeper Gaffer)
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To: i88schwartz

Didn’t Mr. Peanut say the same thing.


59 posted on 02/15/2012 9:24:26 AM PST by reg45 (Barack 0bama: Implementing class warfare by having no class!)
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To: sickoflibs

Obama’s pissing on our leg - trying to convince us it’s raining...


60 posted on 02/15/2012 9:26:20 AM PST by GOPJ (GAS WAS $1.85 per gallon on the day Obama was Inaugurated! - - freeper Gaffer)
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To: i88schwartz
'Two oil men' to blame for high gas prices, Pelosi says back in July 2008.
61 posted on 02/15/2012 9:29:57 AM PST by DTogo (High time to bring back the Sons of Liberty !!)
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To: i88schwartz

The Fool on the Hill.


62 posted on 02/15/2012 9:33:09 AM PST by FormerACLUmember
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To: i88schwartz; All

THANK YOU! THANK YOU!
I’ll take my prize NOW, please!

I called this one on Sunday.....

“He who controls the language controls the masses”. – Saul Alinsky in Rules for Radicals


63 posted on 02/15/2012 9:33:24 AM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: i88schwartz

64 posted on 02/15/2012 9:34:56 AM PST by AngelesCrestHighway
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To: Smokin' Joe

“He can’t be that stupid, but he apparently thinks the American People are.”

YES, he does think the sheeple are stupid. And he hasn’t been proven wrong, yet.

“He who controls the language controls the masses”. – Saul Alinsky in Rules for Radicals


65 posted on 02/15/2012 9:35:51 AM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: GOPJ; Gilbo_3
RE :”Obama’s pissing on our leg - trying to convince us it’s raining...

And it looks like he is doing a great job at that too.

You know what we need? : An effective opposition party to Democrats, one that is smart enough to come up with simple sounding populist messages that crush Obama’s simple sounding populist messages . But where can we find that party?

I still cant figure out what House Republicans think they are there for.

66 posted on 02/15/2012 9:36:13 AM PST by sickoflibs (You MUST support the lesser of two RINOs or we all die!)
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To: sickoflibs
I still cant figure out what House Republicans think they are there for.

The perks.

67 posted on 02/15/2012 9:38:51 AM PST by Protect the Bill of Rights
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To: i88schwartz
Is this fool reading directly from 1984 ?????
This truly is double speak !
68 posted on 02/15/2012 9:39:48 AM PST by Robe (Rome did not create a great empire by talking, they did it by killing all those who opposed them)
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To: sickoflibs

“I still cant figure out what House Republicans think they are there for.”

We have LOTS of good Republicans on the Hill screaming bloddy murder, about many things Obama is doing, but if the Magic Sqwauking Box in the Living Room doesn’t tell the sheeple about it, they don’t know it.

It’s why Glen Beck had to go, and why FoX had to be marginalized.

I’ll keep referring you to this quote:
“He who controls the language controls the masses”. – Saul Alinsky in Rules for Radicals


69 posted on 02/15/2012 9:42:29 AM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: i88schwartz
This is not the measure of a rising and growing domestic economy.

Now the world average economy may be growing enough to push up demand and raise prices on a barrel of oil. But is not being done here in the US. We just suffer from their gains.

Total Petroleum Products sold in the US, including gasoline, diesel, fuel oil, etc.

70 posted on 02/15/2012 9:45:00 AM PST by thackney (life is fragile, handle with prayer)
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To: Robe

“Is this fool reading directly from 1984 ????? this truly is double speak!”

I’ll bet you thought “1984’ was just a book.
Socialist Democrats see it as an INSTRUCTION MANUAL.


71 posted on 02/15/2012 9:47:32 AM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: b4its2late

I wish they would mock him on Saturday nite live when he says dumb things like this- Everyone knows that growing produce, delivering it cost money as as gas go up so goes groceries and all products- I bet Jeremy Lin would make a better pres with his econ degree


72 posted on 02/15/2012 9:47:55 AM PST by mriguy67
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To: b4its2late

I wish they would mock him on Saturday nite live when he says dumb things like this- Everyone knows that growing produce, delivering it cost money as as gas go up so goes groceries and all products- I bet Jeremy Lin would make a better pres with his econ degree


73 posted on 02/15/2012 9:48:04 AM PST by mriguy67
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To: Fishtalk

“Why doesn’t some Journalist ask if such a scenario as you tongue-in-cheekily suggest were to happen”

No mainstream media ‘Journalist’ is going to dare to ask that of Obama.

They don’t want to be looking for a new media job in the OBAMA ECONOMY?


74 posted on 02/15/2012 9:50:44 AM PST by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: F15Eagle

Gas prices were really good for most of Bush’s presidency, and the economy was roaring for most of his presidency... except for the very beginning (recovering from Clinton) and the final 2 where Nancy Pelosi and Harry Reid took control.

High gas prices stagnates the economy. It is high because of the lefts war on domestic oil production.


75 posted on 02/15/2012 9:51:58 AM PST by FreeAtlanta (Liberty and Justice for ALL)
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To: rollo tomasi

Consumption goes down with bad unemployment numbers, higher prices, and a bad economy.

The numbers.

76 posted on 02/15/2012 9:55:32 AM PST by cynwoody
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To: PeaRidge
Wonder if reduced domestic refining has anything to do with it?

What reduced refining? We have plenty of capacity and are running at a typical level and even above our demand.

We are actually producing more refined products than we are using. Refined products (gasoline, diesel, jet fuel, heat oil, etc) are at a net export due to us producing more than we use.

We do not have a refinery shortage, we have a refinery surplus. We have a shortage on domestic oil production, the upstream, not the downstream side of the industry.

We need more areas opened up for exploration and production, not more refineries.

77 posted on 02/15/2012 9:56:57 AM PST by thackney (life is fragile, handle with prayer)
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To: eyeamok

Yep, the good old days. A friend and I were talking the other day and I told him I remembered getting a package of 2 Twinkies for 12 cents and a comic book for 15 cents.


78 posted on 02/15/2012 9:56:57 AM PST by Southside_Chicago_Republican
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To: tcrlaf; GOPJ; Gilbo_3; ding_dong_daddy_from_dumas; DoughtyOne; calcowgirl; Impy; Pan_Yans Wife; ...
RE :”We have LOTS of good Republicans on the Hill screaming bloddy murder, about many things Obama is doing, but if the Magic Sqwauking Box in the Living Room doesn’t tell the sheeple about it, they don’t know it.....
I’ll keep referring you to this quote: “He who controls the language controls the masses”. – Saul Alinsky in Rules for Radicals

Your Alinsky proverb is obvious to me and I preach it every day.

‘screaming bloddy murder’ isnt necessarily the same as launching effective political messages. Ever since Republicans took over the House, Obama has laid trap after trap and those Republicans keep walking into them seemingly blindly to them, it is driving their own ratings down to the teens and Obama’s up. The Republicans are so darn predictable that they make easy prey for Obama.

Now they are so punch drunk that they are doing pre-emptive surrenders with little upside to them. They don't hurt Obama.

I will agree that the POTUS has a huge natural advantage over any ordinary congressional member,
But Pelosi as house Speaker know how to use GWB to take down the Republican party in 2007 and 2008, where is that determination and effectiveness and teamwork on the Republican side?

79 posted on 02/15/2012 10:03:12 AM PST by sickoflibs (You MUST support the lesser of two RINOs or we all die!)
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To: sickoflibs
“He who controls the language controls the masses”. – Saul Alinsky in Rules for Radicals”

Alinsky was 100% right on this one...

80 posted on 02/15/2012 10:07:15 AM PST by GOPJ (GAS WAS $1.85 per gallon on the day Obama was Inaugurated! - - freeper Gaffer)
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To: i88schwartz
Obama and his friends in the news media that elected him know that if you tell a lie loud enough and long enough at lest 50% of the people in this country will believe it.

The problems we are having in this country are coming from the 50% who have their hand out bitching how the other 50% are not giving up enough of their property. Barack = Hugo

81 posted on 02/15/2012 10:07:27 AM PST by kempo
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To: sickoflibs
You know what we need? : An effective opposition party to Democrats, one that is smart enough

still searchin for the shades of grey in the black & white of the master/slave world eh ???

thats so special...hehehehe...

what really would be refreshing is if they, both *parties*, would just come out and say that they want and need all assests to balance the books...

they could even promise to then do everything 'better & smarter' if we go along with it and let em live...

as it stands, the only reason they allow us to live is to mow their grass and cook their meals...

82 posted on 02/15/2012 10:09:15 AM PST by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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To: F15Eagle

“Is there any lie this clown won’t speak?” The real question is there any lie this clown speaks that the media won’t foster as truth?


83 posted on 02/15/2012 10:11:26 AM PST by mort56
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To: i88schwartz

This guy’s stoopity is truly astounding...


84 posted on 02/15/2012 10:12:33 AM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: sickoflibs
where is that determination and effectiveness and teamwork on the Republican side?

are you accusing speaker boner of allowing the totus multiple mulligans everytime they meet on the golf course ???

85 posted on 02/15/2012 10:13:15 AM PST by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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To: Gilbo_3

Well my faith in Republicans is pretty low but the TV show is getting pretty boring with only one side landing all the punches.

Republicans concern with deficits and even big government is superficial and new-found, Their real concern is that huge deficits will get most voters to favor tax increases (which already is to some limited extent) as a solution which will leave them with zero purpose for being elected.


86 posted on 02/15/2012 10:21:09 AM PST by sickoflibs (You MUST support the lesser of two RINOs or we all die!)
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To: cynwoody
U.S. Total Gasoline Retail Deliveries by Refiners

Your chart and link are a partial data set of our gasoline market. It does not include all the gasoline produced and sold.

You chart and link is for gasoline direct from the refineries to retail sales. With our multiple different gasoline "recipes" required, more and more gasoline is produced first as components from the refinery, then blended at terminals for the final product for retail sales.

When you look at the total production, you see:

We are actually producing so much gasoline domestically, that we are exporting more than we import.

We still import some of the gasoline components, but that seems to be running at a fairly steady rate, although it continues to jump around.

In short, there is no shortage or slow down of gasoline production in the US. There is reduction in gasoline demand, see posts above.

87 posted on 02/15/2012 10:22:05 AM PST by thackney (life is fragile, handle with prayer)
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To: Gilbo_3
RE :”where is that determination and effectiveness and teamwork on the Republican side? ...
are you accusing speaker boner of allowing the totus multiple mulligans everytime they meet on the golf course ???

Boehner doesnt strike me as either determined or very smart, he is placemarker for a real leader.
Pelosi kicks his behind in the art of political war. He breaks into tears when the first shot is fired, that is not inspiring his members. Pelosi rallies a team (army).

88 posted on 02/15/2012 10:28:28 AM PST by sickoflibs (You MUST support the lesser of two RINOs or we all die!)
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To: tobyhill

Berry must have been golfing when they read the report showing the demand for gas was down 47%. That must also be a sign of recovery if you’re an arrogant prick grasping for straws.


89 posted on 02/15/2012 10:41:19 AM PST by peeps36 (America is being destroyed by filthy traitors in the political establishment)
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To: i88schwartz

psst... rising gas prices = no KEYSTONE PIPELINE you MORON...


90 posted on 02/15/2012 10:42:06 AM PST by ExCTCitizen (If we stay home in November '12, don't blame 0 for tearing up the CONSTITUTION!!)
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To: F15Eagle

Rising gas prices didn’t mean the economy was getting better in 2008, just the opposite. So which is it boy blunder?


91 posted on 02/15/2012 10:49:06 AM PST by sarge83
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To: silverleaf

“Gas demand is on a downward spiral!!! TOOL!

http://energypolicyinfo.com/2012/02/falling-u-s-gasoline-demand-not-a-happy-valentine-for-consumers/";

Oh, but don’t you realize that the downward spiral in gas demand is because everyone is turning to green energy to power their cars: solar cars, wind cars, electric, etc which in turn is producing an enormous surge of job growth and a booming economy? /s

Thank you for your post. It was the one we were waiting for.

Not a day goes by that he doesn’t do or say something that makes me despise him more than the day before.


92 posted on 02/15/2012 10:53:49 AM PST by JewishRighter (Anybody but Hussein)
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To: peeps36
the report showing the demand for gas was down 47%

Whatever the source of the report was, you need to disregard anything else they tell you. They are making it up instead of using real data.

Demand is down, but no where near that amount.

93 posted on 02/15/2012 11:09:22 AM PST by thackney (life is fragile, handle with prayer)
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To: cynwoody
Rhetorical questioning of Obama’s cow manure he is peddling.

I am to the point where all I can respond is through ridicule with this current Clown-in-Chief's actions//images/words.
94 posted on 02/15/2012 11:30:41 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians)
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To: brownsfan

Its so bad that America is blind to this.

“When will this experiment be over?”


95 posted on 02/15/2012 12:25:45 PM PST by himno hero (Obamas theme...Death to America...The crusaders will pay!)
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To: himno hero

“Its so bad that America is blind to this.”

I used to think it was just a matter of people being too busy, or just wanting to avoid all the misinformation of politics. I can understand that. For those of us that pay attention, the amount of truth bending is mind boggling. And who can blame someone who’s dog tired, and has no energy left to wade through the bullcrap from the media and political elites.

But this is out there, in easily digestible form. In fact, it can’t be avoided, it’s there at the gas pump!

I can only conclude that the average American is dumb as a brick and deserves what’s coming his or her way.

Obama’s re-election will justify my low opinion of Americans.


96 posted on 02/15/2012 12:34:08 PM PST by brownsfan (Aldous Huxley and Mike Judge were right.)
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To: PeaRidge
“Wonder if reduced domestic refining has anything to do with it?”

Yes. We always see refineries take annual maintenance turnarounds this time of year. It is something that must be done. When refining capacity is reduced, then supply diminishes and prices will trend up. This is but one current factor though.

The Iranian situation has the crude markets nervous thus causing an over reaction which also can drive prices up. No one in the petroleum refining and marketing business wants to be caught with a case of the shorts.

One thing that we know for sure. The surging economy is not the reason for the rising prices. It is the uncertainty in the market place.

Obama’s policies of anti-fossil energy and his willingness to bet the ranch on “green energy” have and will continue to contribute to that uncertainty. Thus no price relief in site.

97 posted on 02/15/2012 12:54:01 PM PST by Saltmeat
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To: mriguy67
Yes... Agreed. And here's a few fact:

Let’s see…the unemployment rate when Obama was elected was 6.8 percent; today it is 8.5 percent — at least that’s the official number.

In reality “if the same number of people were seeking work today as in 2007, the jobless rate would be 11 percent.”

In addition, there are now fewer payroll jobs in America than there were in 2000 — 12 years ago — and now, 40 percent of those jobs are considered “low paying,” up 10 percent from when President Regan took office. The number of self-employed has dropped 2 million to 14.5 million in just six years.

Regular gasoline per gallon cost $1.68 in January 2009. Today, it’s $3.39 — that’s a 102 percent increase in just three years. (By the way, if you’re keeping score at home, gas was $1.40 a gallon when Bush took office in 2001, $1.68 when he left office — a 20 percent increase.)

Electricity bills have also skyrocketed, with households now paying a record $1,420 annually on average, up some $300.

Some 48 percent of all Americans — 146.4 million — are considered by the Census Bureau either as “low-income” or living in poverty, up 4 million from when Obama took office; 57 percent of all children in America now live in such homes.

Since December 2008, a month before Obama took office, food-stamp use has increased 46 percent.

Total spending has more than doubled in just four years to a record high of $75 billion. In 2011, more than 46 million people — about one in seven Americans — got food stamps.

That’s 14 million more than when Obama took office. Median household income has dropped nearly 7 percent in the last six years, taking inflation into account. What’s more, nearly 20 percent of males age 25 to 34 now live with their parents.

Low- and middle-income Americans 65 and older now hold more than $10,000 in credit card debt, up 26 percent since 2005.

The average age of the American car is 10 years; in 1990, it was 6.5 years old (by the way, in 1985, Americans bought 11 million cars; in 2009, less than half that, 5.4 million).

On the macro side, America’s annual budget has jumped to $3.8 trillion — and yet the United States brings in only about $2.1 trillion in revenue.

The U.S. trade deficit for 2011 was $558 billion. America’s total public debt stands at $15.23 trillion; in January 2009, the debt was $10.62 trillion. Obama is on pace to borrow $6.2 trillion in just one term — more debt than was amassed by all presidents from Washington through Bill Clinton combined.

The debt is rising by $4.2 billion every day — $175 million per hour, nearly $3 million per minute.

But don’t blame Obama when we go to the polls - he clearly believes he’s been a great success.

98 posted on 02/15/2012 1:08:17 PM PST by b4its2late (Only two things are infinite, the universe and human stupidity, and I am not sure about the former.)
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To: i88schwartz

The prices above were shown on SF KTVU this morning. They are blocking the prices of the higher grades which were over $5/gallon.

Remember the hate America Enviros have wanted $5/gallon for gas for years. If our economy was recovering, this will drive a wooden stake into its heart!

99 posted on 02/21/2012 11:11:57 AM PST by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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