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Author Topic: Gas Prices Won't Go Down Till President Obama Is Out Of Office! Post a Reply Back to Topics
runningmp

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Corpus Christi

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Message Posted: Feb 23, 2011 9:30:19 PM

In August 2005, poster Chevy12 created a topic called - Gas Prices Won't Go Down Ti'll GWB Is Out Of Office! I wonder how many posters out there are now feeling the same way about President Obama.

Using the Gas Prices tab you will find that on Jan. 29, 2009 regular gasoline in the Coastal Bend was around $1.60 a gallon. It currently is at $3.09 and only 70 cents away from the $3.79 price set in 2008. Go to Chicago using the same time period it was $1.94 on Jan. 29 and is currently at $3.44 to $3.72.

Barack Obama on Gas Prices, in Indianapolis
REPLIES (newest first)
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wbacon
Champion Author Philadelphia

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Message Posted: Apr 15, 2013 6:27:08 PM

Obama talks a good game but his actions do not agree what do you think this defines???? the word starts with a h and ends with a e.....
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noseatbelt
Champion Author Indiana

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Message Posted: Apr 15, 2013 4:29:03 PM

obama, keeps saying, he wants to help the middle class, but his actions show something else. obamacare was supposed to be good for the middle class, but nearly every day another report comes out showing that it will hurt the middle class, higher taxes, higher health care cost, losing doctors, being forced to change insurance, the list goes on, all things that obama promised wouldn't happen with obamacare.

Then there is energy, He is trying to kill the coal industry, which is costing thousands of jobs, and forcing electricity prices higher. natural gas prices are going up, because the demand is up because it is being used instead of coal to produce electricity, so it cost more for many of us to heat our homes. gasoline prices remain high, and some people are starting to call it the new normal.

Obams doesn't care about the middle class, or anyone else for that matter, all he is worried about is ramming as much of his radical agenda thru before his un earned second term is over, as he possibly can, and he proves time and again he is willing to do anything to get it done.
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runningmp
Champion Author Corpus Christi

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Message Posted: Apr 15, 2013 1:18:35 PM

Granted, President Obama’s newly submitted budget is likely dead-on-arrival in Washington, but it’s still well worth taking a look at it to get a sense of what he would do to the energy industry if he were king instead of just president.

The headline proposal is the president’s idea for an Energy Security Trust, “funded by royalty revenue from oil and gas leases to support initiatives to shift our cars and trucks off oil, cutting our Nation’s reliance on foreign oil.” The budget states that the Trust would be funded with $2 billion of royalty income over 10 years.

How Obama's New Budget Targets Oil And Gas
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101Speedster
Champion Author Ventura

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Message Posted: Feb 25, 2013 11:57:06 PM

I have a feeling this will be the year that we see $5 a gallon gasoline.
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e_jeepin
Champion Author Michigan

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Message Posted: Feb 19, 2013 12:26:37 AM

Here in Michigan we must have metal flakes of real gold in our Summer blends. Prices are up 80 cents in 4 weeks and were at $3.95 a few days ago. We now have a break at 3.89 -- whew!

We have been strangled here getting most or our boutique gasoline out of Chicago. Of course that refinery catches fire every Spring, never in the Winter. If a tanker truck rolls over on the way here, prices soar.

We hit $4.30 in April of 2011 keeping up with California. Nobody knew what caused that either.

The economy will now go sour as it does every Spring. Skyrocketing Spring gas prices suck the spirit out of people every year.
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runningmp
Champion Author Corpus Christi

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Message Posted: Feb 18, 2013 11:39:27 PM

101, a station that I reported on yesterday afternoon raised their price 26 cents today. If it hits $3.79 it will tie the highest mark set under President Bush...it goes over and that new record belongs to President Obama.
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101Speedster
Champion Author Ventura

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Message Posted: Feb 18, 2013 2:21:51 PM

The link below was posted two weeks ago and the gas prices are even worse today than they were then.

WORST GAS PRICES IN NEARLY THREE DECADES

>>The percentage reached similar levels in 2008, when a red-hot global economy and panic over dwindling supplies sent gas prices through the roof. But before then, the percentage hadn't reached these levels in nearly three decades . . .<<
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101Speedster
Champion Author Ventura

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Message Posted: Feb 4, 2013 6:26:49 PM

Gas prices take bigger bite of Americans' income
Gasoline took a bigger bite out of Americans' incomes, as gas prices soared to record levels in 2012.

>>NEW YORK (CNNMoney)

Americans are pumping about 4% of their incomes into buying gasoline, according to a government report.

The Energy Department said on Monday that U.S. households spent an average of $2,912 on gasoline last year, the highest level in four years.

The percentage reached similar levels in 2008, when a red-hot global economy and panic over dwindling supplies sent gas prices through the roof. But before then, the percentage hadn't reached these levels in nearly three decades . . .<<

"The shocking gas prices Bush faced in 2008 were due to the fact that Democrats took over both the House and the Senate in 2006 and refused to allow ANY domestic oil production or refinery construction WHATSOEVER until Bush finally issued his executive order in frustration."
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101Speedster
Champion Author Ventura

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Message Posted: Feb 4, 2013 10:50:32 AM

>>The shocking gas prices Bush faced in 2008 were due to the fact that Democrats took over both the House and the Senate in 2006 and refused to allow ANY domestic oil production or refinery construction WHATSOEVER until Bush finally issued his executive order in frustration.<<

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101Speedster
Champion Author Ventura

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Message Posted: Feb 2, 2013 11:59:03 PM

Bush Vs. Obama On Gasoline Prices In One Very Simple Picture

>>. . . At this point in September 2012, Obama has been president for 43 months. If we compare Obama’s first 43 months in office to Bush’s first 43 months in office, you will find that Obama has still been awful in comparison. At this same point during Bush’s first term, in September of 2004, gasoline cost $1.89 a gallon. Versus with Obama and gas prices of $3.82 a gallon today. There is absolutely no legitimate comparison that will make Obama look anything other than terrible. Barack Obama is the “Under my plan, energy prices will necessarily skyrocket” president. Barack Obama is the president who has literally said he WANTED gas prices to go up as long as the increase was gradual so he wouldn’t get blamed. Barack Obama is the president who appointed an Energy Secretary who is literally on the record saying he wanted to see U.S. gas prices at $9-$10 a gallon.

The shocking gas prices Bush faced in 2008 were due to the fact that Democrats took over both the House and the Senate in 2006 and refused to allow ANY domestic oil production or refinery construction WHATSOEVER until Bush finally issued his executive order in frustration. The shocking gas prices Obama has faced and will continue to face are due to the fact that Obama is a leftwing ideologue . . .<<
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Tru2psu2
Champion Author Winston-Salem

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Message Posted: Feb 2, 2013 8:29:32 AM

That alone is good reason to impeach him!
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wbacon
Champion Author Philadelphia

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Message Posted: Feb 2, 2013 5:23:42 AM

I agree
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streetrider
Champion Author Gary

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Message Posted: Feb 1, 2013 10:51:05 PM

The function of the Market wont dictate the gasolene prices till we kick the future trades out of the market.

But hey they have to make money to untill they get carried away.
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runningmp
Champion Author Corpus Christi

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Message Posted: Feb 1, 2013 10:45:10 PM

U.S. drivers are now paying more to fill up their gas tanks than they ever have at this time of year.

The national average price of retail gasoline posted its biggest one-day increase in 23 months on Friday, rising four cents to $3.46 a gallon, according to AAA. The average price has risen 13 cents -- a 4 percent increase -- in the past week.

Gasoline at Highest Price Ever for This Time of Year
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runningmp
Champion Author Corpus Christi

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Message Posted: Jan 24, 2013 10:57:55 PM

An on-again, off-again move by the Obama administration to scrap the federal gas tax in favor of a pay-per-mile fee would boost the tab to Americans as high as 250 percent, raising their current tax of 18.4 cents a gallon to as high as 46 cents, according to a new government study.

But without a tax increase, said the Government Accountability Office study, the government's highway fund is going to go dry. One reason the fund is going broke: President Obama's push for fuel efficient cars has resulted in better mileage, and fewer stops at the pump.

New Pay Per Mile
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runningmp
Champion Author Corpus Christi

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Message Posted: Nov 29, 2012 11:13:07 PM

There’s no getting around it. As a nation we've never paid more at the pump than we did this year. The yearly national average is running at $3.63/gallon so far for 2012, and it's all but guaranteed that 2012 will go down as the year with the highest average ever.

2012 Gave U.S. Consumers The Most Expensive Year Ever For Gasoline
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AFSNCO
Champion Author Montgomery

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Message Posted: Nov 6, 2012 12:41:51 AM

slug, prices are going down because the economy sucks...just ask Obama. After all wasn't that his explanation for higher gas prices because his policies were helping the economy? So it only seems to reason that as prices drop right now that the economy is going back in the tank. BTW, still looking for those policies that helped the economy. Oh, that is right...one month of lower job claims means everything is fine and dandy according to the Obamedia.
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EKEugene
All-Star Author North Carolina

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Message Posted: Nov 6, 2012 12:21:22 AM


RogerB, you've been here seven years and you think that's the way oil works? What, there's a big board in the White House that sets the price of gas according to the POTUS' whim that day?

What exactly would Romney do to "increase the supply of oil in our country"? Nationalize the oil companies?

You do know this is an international commercial commodity... right?




[Edited by: EKEugene at 11/6/2012 12:23:23 AM EST]
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RogerB
Champion Author Indianapolis

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Message Posted: Nov 6, 2012 12:12:33 AM

Actually, prices have dropped somewhat in the 2 months before the election, I suspect partially due to natural seasonal conditions, and perhaps in part to try to help get Obama re-elected.

If Obama is re-elected today, I expect to see prices heading back up. Speculators will be assured that nothing will be done to lower prices, and Obama will likely work to achieve his goal of > $5.00 / gal. for gas.

If Romney is elected, I expect to see an immediate drop, because Speculators will know Romney will immediately (when inaugurated), initiate measures to increase the supply of oil in our country.
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runningmp
Champion Author Corpus Christi

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Message Posted: Oct 23, 2012 10:07:30 PM

Also from the article which jayrad linked:

"The increase in production hasn't translated to cheaper gasoline at the pump, and prices are expected to stay relatively high for the next few years because of growing demand for oil in developing nations and political instability in the Middle East and North Africa."
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jayrad1957
Champion Author Los Angeles

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Message Posted: Oct 23, 2012 9:43:05 PM

All this oil being produced domestically.

"U.S. oil and liquids production reached a peak of 11.2 million barrels per day in 1985, when Alaskan fields were producing enormous amounts of crude, then began a long decline. From 1986 through 2008, crude production fell every year but one, dropping by 44 percent over that period. The United States imported nearly 60 percent of the oil it burned in 2006."

The above from the linked article.

Gee, who has been president since 2009?

[Edited by: jayrad1957 at 10/23/2012 9:44:07 PM EST]
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runningmp
Champion Author Corpus Christi

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Message Posted: Oct 22, 2012 9:49:43 PM

>>Roteque, Publix Supermarkets in the SE making money like NEVER before, making money like NEVER before, yet out of 10-12 cashiers, they open 2 or 3...They wont hire help, they dont want to make Obama look good...<<

So do you have any credible, non-biased sources to back your claim up or is it an assumption?
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jayrad1957
Champion Author Los Angeles

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Message Posted: Oct 22, 2012 7:45:06 PM

"In the meantime gasoline is still being shipped overseas."

Shhhh. The right does not want us to know that.
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johnnyg1200
Champion Author St. Louis

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Message Posted: Oct 22, 2012 7:39:12 PM

Even if Romney is elected I don’t think gas prices will go down. BUT Romney has not called for higher energy costs the way Obama has.
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gvan
Champion Author Chicago

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Message Posted: Oct 22, 2012 2:07:25 PM

Could anyone explain how a U.S. President, whether Democrat or Republican, can control the price of a global commodity like oil? They can't. Neither President Bush nor President Obama can control the price of oil.
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gocatgo
Champion Author South Carolina

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Message Posted: Oct 21, 2012 3:50:41 PM

My lowest gas price posted yesterday was $3.37, the highest was $3.42. In the meantime gasoline is still being shipped overseas.
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flyboyUT
Champion Author Utah

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Message Posted: Oct 21, 2012 3:40:44 PM

Lets see - where to start????

Obama has a policy of four years of shutting off supply on Federal Lands and increasing the cost in time and dollars of regulations on all energy extraction regardless of land owner.

Obama has a policy of printing vast sums of new dollars that are backed by nothing but hot air.

World oil is priced in US dollars.

Obama's policies have reduced the value of he dollar att he same time he has done all he can to curail supply here.

Does anyone wonder why the net effect is increased retail price here???????
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Jdanek630
Champion Author Massachusetts

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Message Posted: Oct 21, 2012 3:36:10 PM

A better headline would be....Gas Prices Won't Go Down MEANINGFULLY* Till President Obama Is Out Of Office!
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Roteque
Champion Author Miami

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Message Posted: Oct 21, 2012 3:04:38 PM

Publix Supermarkets in the SE making money like NEVER before, yet out of 10-12 cashiers, they open 2 or 3...They wont hire help, they dont want to make Obama look good, The idiots wont last another 4 years that way, they better clean up their act, cause O is coming back for 4 more !!!!
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runningmp
Champion Author Corpus Christi

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Message Posted: Oct 21, 2012 2:31:49 PM

>>RogerB, Not true. In Indy they have dropped 45 cents this month, still dropping. National average has dropped 15 cents...<<

So are you implying that people aren't suffering? Talk with those people who have to stretch their paychecks and I bet they would disagree with you.
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jayrad1957
Champion Author Los Angeles

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Message Posted: Oct 21, 2012 1:59:09 PM

mexico, private land I am pretty sure. That is not the point. Oil and gas production is up. The highest level in the more than 30 years. That to me is the point. Private or public lands doesn't matter. Production up, prices up. Doesn't matter who is president. Oil prices have been and will always be affected by events in the world.
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therder
All-Star Author Lexington

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Message Posted: Oct 21, 2012 1:47:50 PM

It does not matter who is elected. Gas prices are not going to drop significantly in the U.S. because any excess refinery production has and will be exported overseas to sell for twice the price.
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mexicomaria
Champion Author Minnesota

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Message Posted: Oct 21, 2012 1:44:34 PM

Is it public or federal lands, Jay? I guess that was my point and the point of Gov. Romney.
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jayrad1957
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Message Posted: Oct 21, 2012 1:04:24 PM

"How did North Dakota pass Alaska and California to become the second-largest producer of domestic crude oil? Answer: sensible state regulations, advancements in technology, and the ability to drill on private lands."

There is still plenty of oil being drilled here in California. Kern County still has plenty of oil. Signal Hill here in Los Angeles. Plenty of active rigs out there.

Oil drilling boom in Los Angeles.

[Edited by: jayrad1957 at 10/21/2012 1:08:21 PM EST]
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mexicomaria
Champion Author Minnesota

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Message Posted: Oct 21, 2012 12:30:13 PM

The vast majority of America’s new oil and gas production is happening on private lands in states like North Dakota, Alaska and Texas. The environmental review and permitting process on federal lands, however, is burdensome and keeps resources untapped.

As Heritage’s Michael Sandoval has reported: …oil production on federal lands has decreased between fiscal 2010 and fiscal 2011 by 11 percent. Natural gas production has decreased by 6 percent in the same one-year span. It is down nearly 27 percent from fiscal 2009. Meanwhile, oil and gas production have increased by 14 percent and 12 percent, respectively, on private and state-owned land.

How did North Dakota pass Alaska and California to become the second-largest producer of domestic crude oil? Answer: sensible state regulations, advancements in technology, and the ability to drill on private lands.

In addition to the much-heralded energy security that domestic energy could bring, these efforts produce jobs. North Dakota’s boom has put people to work. The state has the lowest unemployment rate in the nation, at just 3 percent.
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jdhelm
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Message Posted: Oct 21, 2012 5:48:09 AM

why haven't you been here
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RogerB
Champion Author Indianapolis

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Message Posted: Oct 21, 2012 1:53:43 AM

The election could have an immediate effect on gas prices. Speculators know that Obama will continue his efforts to reducr oil production and force the price higher, while Romney will immediately do all he can to increase production.

Obama talks about increasing production and wanting lower prices, but we all know that is just one of his lies. He really wants gas prices above $5.00.
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RogerB
Champion Author Indianapolis

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Message Posted: Oct 21, 2012 1:46:27 AM

Not true. In Indy they have dropped 45 cents this month, still dropping.

National average has dropped 15 cents. Will likely keep dropping until the election. Probably will go back up if Obama is elected.
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runningmp
Champion Author Corpus Christi

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Message Posted: Oct 21, 2012 12:55:37 AM

INDIANAPOLIS - Democrat Barack Obama on Friday blamed high gasoline prices on Washington and a political establishment that he says hasn't stood up to oil companies, his two rivals for the presidency included.

"The candidates with the Washington experience - my opponents - are good people. They mean well, but they've been in Washington for a long time and even with all that experience they talk about, nothing has happened," Obama said in remarks delivered at a gas station. "This country didn't raise fuel efficiency standards for over 30 years."

The result, the Illinois senator said, is that consumers are suffering.

"So what have we got to show for all that experience?" Obama asked. "Gas that's approaching $4 a gallon."

Senator Obama Presses on Gas Prices

So you have raised the fuel efficiency President Obama and the consumers are still suffering.
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runningmp
Champion Author Corpus Christi

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Message Posted: Sep 9, 2012 3:20:38 PM

But let’s step back here a moment and break this down. First of all, it is not a “big damn lie” that gas prices have doubled under Obama — because they most certainly have. Now, I would agree with Gov. Schweitzer that it would be pretty ridiculous to imply that this doubling of gasoline prices is due purely or even mostly to President Obama’s policies. There’s a whole hot mess of factors that can determine the price we pay at the pump at any given moment based on global trends in supply and demand.

However, Republicans aren’t arguing that President Obama is entirely responsible for these price swings — rather that he’s failed take conscious steps that could and would conspicuously mitigate the level to which we’re at the mercy of global conditions (hint: “all of the above,” a.k.a. picking winners and losers in the energy market and deciding what forms of energy and how much of them Americans shall consume, doesn’t count). An increase in supply can put a downward pressure on prices, and if the Obama administration would simply allow Americans to take greater advantage of our own ludicrously abundant natural resources, we could make a greater contribution to the global oil supply and be less vulnerable to problems in other parts of the world. What’s more, we could also get in on a larger market share — thereby creating productive private-sector jobs and increasing our own economic growth and government revenue.

Dem Governor: Attacking Obama For Higher Gas Prices is “baloney”
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flyboyUT
Champion Author Utah

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Message Posted: Jul 24, 2012 11:45:08 PM

Hank sez- "That's because the idiots in congress defending the oil companies from keeping them safe from having to pay their fair share."

Ok what is their fair share? Would you be happy if on average they were taxed at more than twice their profits?

If that is the tax level you think is fair - will you apply it to all businesses?
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runningmp
Champion Author Corpus Christi

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Message Posted: Jul 24, 2012 11:39:35 PM

>>HankHillprogane, Today, the Republicans in the House of Representatives celebrated this massive redistribution of wealth from American families to oil executives...<<

I guess your jealous of American success? So you resort to class warfare. Those evil rich people and corporations...they need to pay more in taxes, right? Look at the IRS website and tell me how much these people and corporations pay?
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HankHillprogane
Sophomore Author Alabama

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Message Posted: Jun 20, 2012 1:11:12 AM

That's because the idiots in congress defending the oil companies from keeping them safe from having to pay their fair share.

Some facts about Romney:
In his first year as governor, Romney increased a delivery fee for gasoline from half a cent to 2.5 cents per gallon, affecting every motorist in Massachusetts.

When Romney decided to quintuple this gas tax, Bay Staters were already paying a 21-cent-per-gallon state tax on gasoline.

The “backdoor tax increase” was also “clearly excessive,” as it generated more than $40 million a year above the actual cost of the program the tax was intended to pay for.

Noting how Romney “was elected on a no-new-taxes promise,” the Boston Herald criticized him, claiming his gas surcharge was “a tax, not a fee.” And Boston Herald columnist Cosmo Macero, Jr. slammed Romney for breaking his pledge with the “gas-tax hike,” saying the cover is gone from Mitt’s “no new taxes” pledge.

Exxon Makes $30.5 Billion, So GOP Votes Unanimously To Give Them Tax Breaks May 5th, 2011 Exxon Mobil is by far the most profitable company in the new Fortune 500 list, riding "high oil prices to a staggering $30 billion in income" in 2010. Exxon made over $10 billion more than fellow oil giant Chevron, the third most profitable company (AT&T edged out Chevron for the? number two spot). ConocoPhillips' $11.4 billion in profits put it in the 16th spot, giving the three oil giants a combined $60.9 billion in profits in 2010. Today, the Republicans in the House of Representatives celebrated this massive redistribution of wealth from American families to oil executives. With the support of 7 oil-patch Democrats, 234 Republicans voted to block a bill to eliminate a $1.8 billion annual subsidy. /2011/05/05/exxon-profits-gop-loves/
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jayrad1957
Champion Author Los Angeles

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Message Posted: Jun 19, 2012 11:48:37 PM

Topic bump?
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hep0950
Champion Author St. Louis

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Message Posted: Jun 19, 2012 11:43:28 PM

Gas today around here is $3.29 up from $3.18. It's been going up and down for a while now.
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runningmp
Champion Author Corpus Christi

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Message Posted: Jun 19, 2012 11:21:41 PM

I saw a gas station on the way to Houston with $2.19 gasoline, but of course that station wasn't in business anymore.
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Bell30012
Champion Author Atlanta

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Message Posted: Apr 17, 2012 11:00:52 AM

I saw a gas station with $3.50 gasoline.... then I saw the Out of Business sign in the window.
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AC-302
Champion Author Los Angeles

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Message Posted: Apr 17, 2012 9:44:54 AM

Even if Obama is tossed out of office on his ear (and I'd say it's a 50/50 chance), gas likely won't go down, or not much.
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PopcornPirate
Champion Author New Jersey

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Message Posted: Apr 17, 2012 9:33:59 AM

I passed a BJs gas station yesterday in Linden, NJ $3.669 / gal w/ CC
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Tru2psu2
Champion Author Winston-Salem

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Message Posted: Apr 16, 2012 5:20:54 AM

You bet!
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