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Since o'tax'n spend / o'cap'n trade has been in office, gasoline prices have, on average, doubled from $1.79/gal. to $3.85/gal. nationally.
In the last month alone gasoline prices averaged a 6.8% per gallon increase.
Gas Prices Double Under Obama
March 31, 2011, By James S. Robbins, Washington Times
March 31, 2011, By James S. Robbins, Washington Times
"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.
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 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.
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 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.
Read more: http://www.washingtontimes.com/blog/watercooler/2011/mar/30/gas-prices-double-under-obama/
Who stops U.S. oil drilling but, using taxpayers' monies, pays foreign countries to drill (and drill deep!)?
Who has redesignated lands over coal reserves to prevent extraction?
Who has created corn shortage (prices double to $7.00+/bushel?) raising food & fuel prices?
Who has sold 50% of uranium ore rights to the Soviets?
Who is holding back development of oil reserves in AK, the Dakotas, CO, the Gulf, east/west coasts?
Why? -- o'dangerous, I opine. "Why?" ( http://harrolds.blogspot.com/2011/02/odangerous-i-opine-why.html )
The "Obammer'' Administration with their strangling regulation of government and business across America are who is stifling job growth, employment, as well as America's energy independence. (source: http://warrantonegirl.wordpress.com/2011/03/29/obama-stifling-job-growth-and-choking-off-energy-independence-in-america/ )
UPDATE…OF COURSE: Brazilian Oil Drilling
Even though President Obama is against offshore drilling for our country, he signed an executive order to loan $2 Billion of our taxpayer dollars (which we can't afford to loan since we're broke) to a Brazilian Oil Exploration Company (the 8th largest company in the entire world) to drill for oil off the coast of Brazil! (Petrobras). The oil that comes from this operation is for the sole purpose and use of China and NOT THE USA !
Now here's the real clincher…the Chinese government is under contract to purchase all the oil this field will produce, which is hundreds of millions of barrels" … We have absolutely no gain from this transaction whatsoever!
Wait, it gets more interesting.
Guess who is the largest individual stockholder of this Brazilian Oil Company andwho would benefit most from this? It is American BILLIONAIRE, George Soros, who was President Obama's most generous financial supporter during his campaign. If you are able to connect the dots and follow the money, you are probably as upset as I am. Not a word of this transaction was broadcast on any of the other news networks! Are they doing their job? Think about it.
The Wall street Journal article confirming this information: http://online.wsj.com/article/SB10001424052970203863204574346610120524166.htm
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