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FurdTurgason

Obama and gas

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January 2009 - Obama inaugurated

March 2009 - Taco Bell discontinues spicy chicken

HOPE AND CHANGE

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Looks like Meat is officially one of these idiots that think the President controls gas prices. Good job, Meat.

PS gas prices are also lower when the economy sucks because demand is lower, and get higher when demand is higher because people are driving/shipping more stuff (one item among many controlling this of course). So higher gas prices could be caused in some part due to increased demand because things are improving economically.

This is true generally, however US oil demand is much lower now than when oil was at a similar price in 2007. (and still falling)

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The federal reserve and the resulting speculation has played a role in this, also emerging international markets are making the us a smaller player in oil prices every day.

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Yea (and thanks for that info!) I was just kinda pointing out something about supply and demand to "Mister The President Controls Gas Prices" there

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Who's Meat? And this cookinwithgas fellow seems very tightly wound.

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I guess it's costing too much to fill up Furd's white van

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Despite conspiracy theories to the contrary, the president has no direct impact on the price of oil.

Most people know this, but try explaining it to the people that were screaming that it was all Bush's fault in '08.
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U.S. House Republicans are seeking to cut the budget of the main derivatives regulator and subject a new consumer financial protection agency to additional funding scrutiny in spending plans panned by Democrats.

The Commodity Futures Trading Commission’s fiscal 2013 budget would be cut by $25 million to $180 million, a level about 42 percent below President Barack Obama’s request, as part of a broader spending measure approved by voice vote in the House Appropriations agriculture subcommittee

http://www.bloomberg...y-agencies.html

15% of the average American's fuel cost is going into the pockets of a relatively few, well connected individuals.

Those increased fuel costs significantly affect ever facet of our household's, employer's, state and federal government's ability to balance their budgets.

The power brokers responsible for creating all this havoc in our society are only deserving of their ill gotten gains in the sense that they wield enough political influence to change/block our laws to suit their personal financial objectives.

They lack any true moral foundation or conscience. Conveniently, this allows them plunder our country's wealth to the detriment of America's long term economic health and national security. All without losing a wink of sleep over it.

The Republican controlled HoR, their loyal lapdogs, have recently cut/underfunded the very regulatory agencies tasked with creating/enforcing guidelines intended to reign in this unfettered speculation. The same speculation that tanked our economy just a few years ago.

The HoR's actions clearly demonstrate they do not care about our country's economic well being or the vast majority of Americans that they were elected to represent.

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