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1 posted on 09/27/2018 7:05:17 AM PDT by xzins
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To: All

Many are suggesting that Trump has higher gasoline prices than Obama. Not so. Not even close


2 posted on 09/27/2018 7:05:58 AM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory.)
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To: xzins

This is a good start at referential comparison. However, for any true comparison, taxes must be stripped from the price as they tend to fluctuate and can give an artificiality to the sampling.


3 posted on 09/27/2018 7:14:09 AM PDT by rjsimmon (The Tree of Liberty Thirsts)
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To: xzins

Obama’s actions had some impact on gas prices, as do some of Trump’s actions today, but oil is a global commondity with global markets and dozens of non-U.S. actions impacting retail available supply and demand, so at no time was Obama nor is Trump the only factors in retail gas prices.

Just look at this chart and compare 2017-2018 gasoline price increase in selected countries. No “Trump affect” there, in fact the U.S. consumer is seeing prices up more than are consumers in Japan (they have no oil), Germany, France, the U.K. and others. Our increased domestic supply is either not being used domestically, or our increased production is costlier to produce than what the Saudis and others can do, or our oil companies are taking advantage of us. Which is it?

https://www.statista.com/statistics/262745/change-of-gasoline-price-in-selected-countries/

And just look at this chart for Germany back to 2010. It is not all that different than the chart for the U.S. since 2008. If that similarity tells you nothing about the huge impact that global supply demand factors have on the retail price of oil, then nothing will and you will continue to believe the myth that American presidential actions are 100% of how U.S. domestic gas markets behave.


5 posted on 09/27/2018 7:53:26 AM PDT by Wuli
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To: xzins

When gas was $4/gallon, many American families struggled mightily. Price is better now, of course, but still puts a strain on family budgets when so much involves car travel—work, school, children’s sports & activities, visiting relatives out of town, etc.

The price affects not just a few thousand but millions of people in this country. President Trump is right... the price of gas needs to come down.


8 posted on 09/27/2018 9:17:44 AM PDT by Cedar
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