Martin Bashir - GOP suddenly quiet on falling gas prices

by Mopeder Posted 2012/06/27 23:06:15

Related Topics: GOP, Republican, Gas, MSNBC, Gas Prices, Republicans, Washington, Prices, washington post, 2012, Misleading

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June 27, 2012
Washington Post's Jonathan Capehart and MSNBC's Richard Wolffe analyze how falling gas prices imploded one of the Republicans' favorite, misleading talking points.

flaca BN-0 2012/06/27 23:43:15

+4
The Chinese economy is slowing. That's the biggest reason. The next biggest reason is the upheaval in the middle east, followed by the global recession. Presidents have nothing to do with the price of oil unless they slap a huge tax on it.
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Shirleywillow 2012/07/01 22:34:51

Let me get this right. When the Gas prices go up it's the President's fault. When the Gas prices go down there are all kinds of reasons world wide for this.
What a bunch of clowns you Republicans are!!!!!!!!!!!!!!

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YO 2012/06/30 23:07:11

We are driving about the same, but our cars are getting better gas milage. Plus the crackdown on speculators greedily bidding up the price of oil to line their pockets with profits put the oil prices back to supply /demand rules.

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Mikel_mad2002 2012/06/28 13:26:12

+1
No suprise

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jmc07806-PWCM-JLA 2012/06/28 10:51:16

Not at all it is a seasonal adjustment and as more regulations go into place the prices will go up.

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Michael Hertel 2012/06/28 07:18:47

+3
The demand for gasoline world wide is down.

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Phoenix 2012/06/28 03:41:39

+2
Low prices are mainly due to Saudi Arabia pumping out nearly 10 million barrels a day, the highest production rate from them in nearly 30 years and production now exceeds demand. Current price is about $79, down from $109 in February.
Apparently their plan is to drive down the cost of oil to about $60 a barrel so they can hurt Iran, this was reported about a week ago from a Russian diplomat in Saudi.

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Ken 2012/06/28 03:10:03

+1
Not to burst your bubble but falling gas prices are not good news. Essentially falling gas prices mean the economic recovery is on hold. That doesn't help Obama.

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lm1b2 2012/06/28 01:12:16

Gas prices are low because the economy is so bad Dau!

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Rich 2012/06/28 00:15:39

+2
The Republicans would be talking non-stop about this if Bush was president.

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Che Guevara - Hero 2012/06/27 23:50:23

+3
Of course the GOP is silent. It is something positive. lol

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flaca BN-0 2012/06/27 23:43:15

+4
The Chinese economy is slowing. That's the biggest reason. The next biggest reason is the upheaval in the middle east, followed by the global recession. Presidents have nothing to do with the price of oil unless they slap a huge tax on it.

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twocrows to flaca BN-0 2012/06/28 18:21:00

even then they don't, flaca. presidents don't levy taxes - Congress does.
but then they're more than happy to blame the president if he's from the opposing party. both sides do it.

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Edbert 2012/06/27 23:32:33

+1
Gas prices always fall when a recession begins, or in this case a "double dip" recession.

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kir 2012/06/27 23:25:35

The reason gas prices are falling like a rock is because the economic outlook is collapsing; the reason why they increased so much previously was because of the change in the value of the dollar due to inflation.

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Kirby 2012/06/27 23:24:31

+3
What I find interesting is when the President asked the SEC to look into the speculators causing the rise in gas prices. It was just a couple of weeks later the prices started falling. Not one Repub has said a word since that time!

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Mopeder 2012/06/27 23:21:19

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Outta' Here. 2012/06/27 23:14:58

So?

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