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Gasoline hits RECORD prices ... Is it Bush's Fault? Certainly Obama is NOT to blame!

Melensdad

Jerk in a Hawaiian Shirt & SNOWCAT Moderator
Staff member
GOLD Site Supporter
Yup, record August prices have been reached for gasoline.

Of course every time the prices went up --even a little bit-- under the previous administration it was always BUSH'S FAULT and somehow CHENEY WAS PROFITING and the BIG OIL companies were making WINDFALL PROFITS . . . blah blah blah.

Now we have new record August prices and its not news? :hammer:

Obama has been strangling oil production on Federal lands, has choked off new pipelines, and prices are going up. The ONLY bright spot is the profit inspired private sector which is drilling like crazy on private lands and producing some oil and gas. I'm sure if Obama could strangle that production he would, but even he can't figure out how to stop that.

http://hosted.ap.org/dynamic/storie...ME&TEMPLATE=DEFAULT&CTIME=2012-08-20-11-19-24

Aug 20, 4:01 PM EDT

SUMMERTIME BLUES FOR DRIVERS: GAS AT AUGUST RECORD
BY SANDY SHORE
AP BUSINESS WRITER

U.S. drivers paid an average of $3.72 per gallon on Monday. That's the highest price ever on this date, according to auto club AAA, a shade above the $3.717 average on Aug. 20, 2008. A year ago, the average was $3.578.

More daily records are likely over the next few weeks. The national average could increase to $3.75 per gallon by Labor Day, said Tom Kloza, chief oil analyst at Oil Price Information Service. By comparison, gas prices stayed below $3.70 in late August and early September in both 2008 and 2011.

. . .

Higher gas prices aren't what the sluggish economy needs, since any extra money that goes to fill gas tanks doesn't get spent at movie theaters or restaurants.

Retail gasoline prices have risen nearly 12 percent since July 1 because of higher oil prices and problems with refineries and pipelines that created temporary supply shortages in some regions. An increase in the price of ethanol, which is blended into gasoline, was also a factor. . .
So where is the media that was blaming BUSH and OIL COMPANIES for prices increases? Why is this not being blamed on Obama?
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
BUSH was an idiot.

I mean for four years he could have blamed Clinton for anything bad that happened.

Glass Steagal
Dot Com Crash
World Trade Center towers
The war in Afghanistan that Kerry, Clinton, Gore said they wanted
The insolence of Saddam in Iraq that went unasnswered until Bush did what those same guys wanted done. War to save all those innocents

He had all those opportunities to blame someone else. But every January, he stood up in front of Congress and said "WE are doing this"

What an idiot? As we now know, of course, he did it all!

BTW, as I recall, in 2007 and 2008 he stood up and still used the word "WE" as he reported about the work being done by the government of the people.
 

Snowtrac Nome

member formerly known as dds
GOLD Site Supporter
the reality the price of gas has not gone up much rather the curancy that oil and gas are are traded in have dropped in value thus making gas more expencive same with gold in 1980's dollars gold would be worth about 600 bucks an ounce
 
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