Low gas prices are why they are so high now.

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   JSChamsposted 12 years ago

   http://www.breitbart.com/Big-Government … gas-prices
   
   Beware the Jabberwock my son............
   Did you know that the low gas prices that the Democrats claimed were too high four years ago and demanded George Bush be investigated over are why our economy "collapsed"?
   Did ya? Did ya huh?

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      Josakposted 12 years agoin reply to this

      This shouldn't be hard to understand, gas prices rise for different reasons during the Bush presidency the price was rising in part due to his actions #1 in the Middle East disrupting supply and #2 in that US demand was higher than ever because no measures were being taken to reduce use, since 2007-8 our usage of gas is down 13% in part due to Obama policies (in part due to the crash), unfortunately for the gas price however in that same period China, Brazil and India have all massively increased their consumption creating higher demand and thus driving up the price plus Chavez won in Venezuela which further drives up the price in the US.
      
      Bush was partially to blame for the highest prices ever which we had under his presidency (in my opinion he actually had a relatively small impact on it but still) on the other hand now gas prices are being affected by things outside the control of US politicians.

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         JSChamsposted 12 years agoin reply to this

         It's just so sad it's almost hilarious that N O T H I N G is ever the fault or under the control of this administration yet we wanted investigations for the same things four years ago. Double standard oozes out of your pores folks.

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            Josakposted 12 years agoin reply to this

            Facts are facts JSC feel free to check them but avoiding them because you have no real argument is painfully obvious.

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               JSChamsposted 12 years agoin reply to this

               The proof is in the pudding. Four years of 3.00 a gallon plus is not a good thing however you shape it.
               You can't rip the flesh off of one man and pat the other on the head. it's friggin night mare double standard and you support it.

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                  Josakposted 12 years agoin reply to this

                  Hilariously false argument.
                  
                  One man dies of a heart attack while suspect A did nothing to him.
                  One man dies from a gunshot wound while suspect B shot him.
                  In both cases a man died so obviously suspect A and suspect B are equally guilty
                  
                  Facts are facts are facts.
                  
                  Basic rule of economics Demand raises price demand was highest in the US during Bush now China, India and Brazil have increased demand and the US has decreased demand, the US is not responsible for the price raise therefore Obama can't be responsible for it.  Very simple.

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                     JSChamsposted 12 years agoin reply to this

                     Look Josak i bet my britches you were even one of the people that thought 1.87 was a SCANDAL!!!!!!!!!!
                     Now of course these high prices....well......that's just what happens........
                     
                     
                     Go BS a ten year old, man.

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                        Josakposted 12 years agoin reply to this

                        And again just ignoring the facts, I am done, the actual facts are there for anyone who wants to check them and will be obvious to anyone with half a brain. You aren't at all intereste din the truth just how you can spin it.

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                           JSChamsposted 12 years agoin reply to this

                           Answer this....were you upset by the 1.87 under Bush? Because they all said he was in controls of it.
                           Right?

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                              Cody Hodge5posted 12 years agoin reply to this

                              Are we talking about 2001 when he took office or 2009 when he left office? In 2001, paying $1.80 for gas was a scandal because gas had never really been higher than $1.30 or so. I remember because that is when I started driving and I couldn't believe prices were so high.
                              
                              Then...
                              
                              Prices went up to $2, $3 and then eventually $4 due to a combination of factors. Some were Bush's fault while others were just market forces (and speculators of course)
                              
                              Then....
                              
                              Prices fell back to under $2 because no one had money to spend on gas. However, the GOP would have you believe that somehow it was their policies that lead to this. Well, I guess they are technically correct...
                              
                              Then...
                              
                              Gas prices rose again because there was a higher demand for energy. As people know, as demand rises, price rises. Of course, the GOP would love you to believe that the price of gas is rising because Obama is just an idiot. It couldn't be just natural market forces.
                              
                              I think that clears things up.

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                           JSChamsposted 12 years agoin reply to this

                           \There are "facts" and then there is the proof in the pudding...what is happening in the real world to real people.

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                     JSChamsposted 12 years agoin reply to this

                     If we change Presidents the howls from the jackals will stat within six months.....guaranteed.

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      Quilligrapherposted 12 years agoin reply to this

      Howdy, JSC.  Here are a few facts to complete the picture.
      
      The reliability of your source document can be measured by just one quote: “High gas prices in 2007 led to the subprime mortgage crisis that drove our economy over the cliff.” This is an absurd statement even coming from Breitbart.
      
      According the BLS, the US City Average Price of gasoline (all types) was $1.52 per gallon in January 2001 when President Bush entered the oval office. The average price nearly tripled to a peak of $4.14 in July 2008 and it has not been that high again for over 4 years. 
      
      http://data.bls.gov/cgi-bin/surveymost?ap
      Q.

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2. 60

   knolyourselfposted 12 years ago

   "In point of fact, many economists believe that high gas prices in 2007 led to the subprime mortgage crisis that drove our economy over the cliff." Have I ever heard such lunacy? Did I? Did I huh?

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      JSChamsposted 12 years agoin reply to this

      And shun the frumious bandersnatch!!!!!!!!!!!!!!!!!!!!!!!1

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   JSChamsposted 12 years ago

   Hey you like gang just continue to believe this BS.....

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   psycheskinnerposted 12 years ago

   If you are in California the hike is due to a refinery fire blocking delivery.

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5. 60

   JSChamsposted 12 years ago

   $1.87 when he took office....................
   Supposed to be a real scandal when Bush was President.
   Double standard you guys wrap up and sleep in every night.

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      Justsilvieposted 12 years agoin reply to this

      Romney keeps saying that, but where were they that price? And for how long did that temporary drop to price that last?

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      psycheskinnerposted 12 years agoin reply to this

      I don't know what it has to do with me.  I don't even have a car, and I can't vote.

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   3. 72

      Ralph Deedsposted 12 years agoin reply to this

      There's little validity to blaming the President for every undesirable event that occurs while he's in office. The President's powers are limited by lots of domestic and international factors beyond his control. Analysis of each undesirable event in light of the president's power is required. For example, Bush-Cheney-Rumsfeld can fairly be blamed for the foolish, costly invasion of Iraq. Oil prices are determined by world wide supply and demand and for the most part are beyond the control of the President or Prime Minister of any country. And as was pointed out by Psycheskinner, localized, temporary fluctuations in gasoline prices sometimes are caused by local factors like the refinery fire/explosion on the west coast.

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         JSChamsposted 12 years agoin reply to this

         All it will take is for Romney to be elected and everything I am hearing out of liberals on this page will  go right out the window. There was no conversation at all like this when Bush was President and they were caterwauling about the gas prices. But then again the liberal mindset believes gas should cost Americans this much. That has been stated before in other forums and by no less a personage than AlGore.

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            Ralph Deedsposted 12 years agoin reply to this

            Well, I never blamed Bush for high gas prices. There were plenty of other more important things to blame him for! Gas prices are determined mostly by supply and demand in the world crude oil market and sometimes refining capacity in a particular area. The president has almost zero influence on gas prices. About all he can do is tap into the U.S. petroleum reserve, but influencing short term pump prices is not the purpose of the reserve.

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