Economy
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Title: Gasoline up 100% under Obama
Source:
The Washington Times
URL Source: http://www.washingtontimes.com/blog ... gas-prices-double-under-obama/
Published: Mar 31, 2011
Author: James S. Robbins
Post Date: 2011-03-31 04:13:51 by Happy Quanzaa
Keywords: Obama-doma-ding-dong, hopey-changey
Views: 12282
Comments: 24
Feeling pain at the pump? Gas prices have doubled since Mr. Obama took office. According to the GasBuddy gasoline price tracking web site, the price of a gallon of regular gas was around $1.79 when Mr. Obama took office. Today the national average is $3.58. The lowest average price in the continental United States is $3.31 in Tulsa Oklahoma, the highest is $4.14 in Santa Barbara, CA. Four-dollar-a-gallon gas has arrived on average throughout California, and a number of other states are headed in that direction. Consumer price index (CPI) figures from February show an unadjusted 12 month gasoline inflation rate of 19.2%, but in the last month alone prices jumped 6.8%, probably because of oil price increases due to instabilities in the Middle East. If the trend continues, gas prices would double again within a year. 100% gasoline price inflation is nothing to brag about, but imagine Mr. Obama going into the 2012 election having to explain why gas costs $7.00 a gallon. I'm sure the White House would spin it as one of their "Green" initiatives.
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#1. To: Happy Quanzaa (#0)
The similiarities to Carter continue. Remember how the uber Left here and elsewhere rejected that comparision a year or so ago? Kinda amusing to recall that...
#2. To: Badeye, Happy Quanzaa (#1)
Buy smaller cars.
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