Who's Responsible for Gas Prices? [View all]
See the differences between "Us" and "Them"?
When gas prices rose, it was all the talk. Every Obama basher on TV, Radio and in the press blamed President Obama for the increase in gas prices. Just a couple of months ago, the price was approaching $4.00 a gallon with dire predictions of $5.00 a gallon gas during the peak Summer driving months. Obama was surely to blame, as he vetoed the Key Stone pipeline deal. He over regulated the oil industry. Prices had doubled since he took office, and prices at the pump were getting worse. It was all Obama's fault.
The reality of the situation, we argued, was that no amount of drilling would have a dramatic or immediate effect on gas prices. It is a global market, set by global supply and demand. Demand was never lower in 10 years in the US, and supply was never greater than now. The President, any President, has very little to do with short term gas price increases (or decreases). In fact, rather than the prices increasing under Obama, they were holding steady, as the price of a gallon of gas was $4.10 a gallon in June of 2008, a true indicator. The low price of $1.87 a gallon in January of 2009 was a result of the depth's of the "Great Recession" and huge decreases in global demand as speculation was that we may not have a world economy that recovered for years and demand would continue to decrease.
Now, the prices have dropped considerably from just two months ago. Those dire predictions have been exposed as the political rhetoric they were. Yet, we remain silent. What remains is the same old "heads they win" and "tails we tie" game. In other words, just like the stock market, if things get better, it just happens. If things get worse, it's all Obama's fault. They never pay a PR price for their bullshit.
It's as if they rob a bank and don't get caught, they get to keep the money. But if they get caught, all they have to do is give the money back and we forget about it. They can't lose.
We shouldn't let them get away with it. And by "them", I mean all the Obama haters in the media or holding public office.
Link;
http://bottomline.msnbc.msn.com/_news/2012/06/24/12385891-gas-prices-drop-15-cents-in-the-last-2-weeks?lite
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