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are gas prices obama's fault?


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#1 PhillyB

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Posted 21 January 2013 - 11:29 PM

honest question, no rhetoric or snark intended. i had a friend that generally posts inane conservative bullshit (stuff even stirs and G5 would back away from) and today he re-posted something from another batshit crazy guy that basically said "gas prices were $1.84 on 1/20/2008 and they're $3.36 on 1/20/2012. And yet the majority of Americans re-elected this clown."

i asked for clarification, and one of the commenters replied:

Didn't approve the pipeline, moratorium on Gulf drilling, sent billions to Brazil and other countries to develop new drillings and sell it to us, and slowed any recovery enough (now worse) that created a domino effect in higher fuel prices - raising the price of everything dependent on it. He's closed 40% of our coal plants, doubling the average price of electricity, raising that cost of development.



what are your thoughts on this? are there indeed direct correlations between current gas prices and the laundry list of oblunders above? or is there more to it than this?

#2 Kevin Greene

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Posted 21 January 2013 - 11:41 PM

$3.36?
It's $3.60 and up in SoCal.

#3 Jase

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Posted 21 January 2013 - 11:45 PM

Mmmm no

ZIRP

But I guess Obama is a Zirp enabler, so in a way he's responsible for not stopping the fed I guess.

#4 Delhommey

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Posted 21 January 2013 - 11:48 PM

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The market's a bit more complex than political talking points.

There was a massive overcorrection right before Obama took office.

#5 frash.exe

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Posted 21 January 2013 - 11:53 PM

I don't care whose fault it is. All I want is to not have to close an IRA just to fill up my tank

#6 PhillyB

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Posted 21 January 2013 - 11:57 PM

interesting article on the "war on coal" (even though it's not directly relevant to the question at hand it was brought up by the guy in the OP)

#7 Delhommey

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Posted 21 January 2013 - 11:57 PM

Unless you want to nuke China and India into the stone age, prices are going to stay similar to where they are and eventually move their way up. The era of cheap gas as a primary fuel source is pretty much done, barring catastrophe.

#8 SZ James (banned)

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Posted 21 January 2013 - 11:58 PM

No.

#9 PhillyB

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Posted 21 January 2013 - 11:58 PM

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The market's a bit more complex than political talking points.

There was a massive overcorrection right before Obama took office.


interesting. do you have a link for that?

#10 Delhommey

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Posted 22 January 2013 - 12:03 AM

interesting article on the "war on coal" (even though it's not directly relevant to the question at hand it was brought up by the guy in the OP)


So archaic, heavily polluting coal plants are being replaced by cleaner burning natural gas?

Where's the problem exactly?


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