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Why have gasoline prices doubled under Obama?

millermedia 2012/04/13 12:59:08
Higher gas prices have hurt my budget
Prices should go higher to slow down consumption
I do not mind higher gas prices because I drive a moped
We need more energy from wind and solar
None of the above
You!
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Under President Obama, gas prices have more than doubled -- from an average of $1.85 on Inauguration Day 2009 to $3.92 this past week.

That means the average American family is paying $2,200 more per year in gas today than when Obama came into office. And that is only the increased spending on gas. As gas prices increase, the cost of just about every other product increases as well.

And Obama is largely to blame...

That’s because instead of taking action to dramatically expand American energy production, Obama has resisted new offshore drilling, rejected the Keystone pipeline that would give America access to Canada’s vast oil reserves, and kept much of our known domestic oil reserves off limits.

Obama is so opposed to significant increases in domestic oil production that he goes so far as to claim that “increased [domestic] production doesn’t lower gas prices.” Instead, the President has once again "doubled down" on his so-called Green Energy agenda -- an agenda that already is over-funded by our tax dollars with little return in actual energy productio

The fact is, Obama’s energy policies have damaged our economy by putting a stranglehold on American energy - - driving up gas prices, taking away American jobs and worsening our dependence on foreign oil.

The key to our energy independence is not more wind farms or taxpayer-funded Solyndra boondoggles or crazy EPA "work at home" guidelines. It's much simpler -- AMERICA MUST PRODUCE MORE OF OUR OWN OIL AND NATURAL GAS! And the Left's claim that we lack the natural resources is simply not true. Analysts say Canada and the U.S. together have 400-800 YEARS of recoverable oil resources!

Plus, domestic oil production creates jobs and strengthens our economy. A former Chief Economist at the U.S. Trade Commission says that doubling our domestic oil production would add 2.5 million jobs and $250 billion to our economy -- and cut our dependency on foreign oil and the terrorist-laden oil producing nations in half.

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  • VoteOut VoteOut 2012/04/13 13:59:24
    VoteOut
    +2
    yes i left out defict spending and fed printing also devalue the dollar which again points to the Obama administration
  • FAWKES' NOOSE ~ ΔTX 2012/04/13 13:20:22
    None of the above
    FAWKES' NOOSE ~ ΔTX
    +3
    Fox News agrees the President has nothing to do with the price of gas.

  • JP FAWKES'... 2012/04/13 13:47:29
    JP
    +2
    That is the only argument you loons have?
  • FAWKES'... JP 2012/04/13 13:54:05 (edited)
    FAWKES' NOOSE ~ ΔTX
    +1
    No single entity controls the price of oil - not even the countries who produce it. Canada produces more oil than it consumes yet their gasoline prices are even higher than ours. The price of oil is driven by Wall Street, specifically, speculation trading on oil futures. The Dodd-Frank Act contains provisions through the CFTC to limit this type of trading. Unfortunately, House Republicans refuse to fund it. Imagine that.
  • JP FAWKES'... 2012/04/13 13:56:32
    JP
    What does gas cost in most OPEC nations?
  • FAWKES'... JP 2012/04/13 14:08:45 (edited)
    FAWKES' NOOSE ~ ΔTX
    The largest OPEC nation by population is Nigeria. The cost of gas there is US$0.36 per gallon. That is because all oil production is Government-Owned.

    You have make an excellent point supporting why we should get rid of all US Oil Companies and turn this commodity over to the Government.

    http://money.cnn.com/pf/featu...
  • JP FAWKES'... 2012/04/13 16:32:35 (edited)
    JP
    +1
    Your chart said 38 cents a gallon, but who's counting? I highly doubt that Nigeria is wasting money on political donor scams like Solyndra nor are they raising the price at the pumps by not allowing the market to function.

    This is also a case for less tax per gallon and letting pipelines do their thing as opposed to making Warren Buffet a wealthier man through his train monopoly. Who is wholly supported by the regime as one of their favorite talking heads.
  • FAWKES'... JP 2012/04/13 16:36:53
    FAWKES' NOOSE ~ ΔTX
    +1
    Venezuela: OPEC Nation - Government Owned Oil - $0.19 per gallon.
  • JP FAWKES'... 2012/04/13 17:04:12
    JP
    +1
    They charge less for gas than our government charges in taxes!
  • FAWKES'... JP 2012/04/13 17:12:14
    FAWKES' NOOSE ~ ΔTX
    +2
    Saudi Arabia: OPEC Nation - Government Owned Oil - $0.91 per gallon.

    Starting to see a trend? We get to pay for the Oil Company Profits at the pump and are at the mercy of the Wall Street Speculators. Oil is a necessity not just a commodity. It SHOULD be Government Owned.
  • JP FAWKES'... 2012/04/13 20:27:43
    JP
    +1
    The trend I see is another nation not taxing it 50+ cents a gallon and not subsidizing pipedreams to placate an extremist base.

    Gas prices are much in socialist utopia Europe and we all see that you and people like you need Obama to carry you there.

    In the real world, these prices stink and Obama is getting blamed.
  • FAWKES'... JP 2012/04/13 20:34:07
    FAWKES' NOOSE ~ ΔTX
    Even if you take off all the taxes, Canada still pays over $4 per gallon and they don't have to buy oil from anyone.
  • Bingo's Faddah 2012/04/13 13:18:56
    None of the above
    Bingo's Faddah
    +2
    "And Obama is largely to blame..."

    Really? He's been blamed for everything from the weather to anal warts. While he IS accountable for what happens on his watch, he hasn't caused the energy problem. The first energy company to exploit methane under the continental shelf will fix everything for you folks in the civilized world. Anyway, we know who's fault it really is...

    bush door
  • keymanjim Bingo's... 2012/04/13 13:52:47
    keymanjim
    It's President Bush's fault that obama has brought the oil drilling permit process down to a slow crawl?
  • Bingo's... keymanjim 2012/04/13 21:44:06
    Bingo's Faddah
    +1
    I was kidding about Bush, everything is supposed to be his fault, right? Presidents mean nothing. Your government as an entity is to blame for the energy problem and the reduced standard of living Americans endure.
    There was a time when a Captain was responsible for what happens on his watch. That time has passed in the good old USA, and that's a shame.

    Oh, here's a message from another universe!

    "You may inform the nitwit above whom I have blocked that President Obama has issued as many drilling permits as President Bush and is on track to exceed Bush's number of permits by the end of his first term."

    He's right you know!!
  • keymanjim Bingo's... 2012/04/14 02:56:07
    keymanjim
    Obama has allowed natural gas permits, not oil permits.

    obama allowed natural gas permits oil permits

    That penis-noggin would know this had he took the time to look it up.
  • Bingo's... keymanjim 2012/04/14 13:06:37
    Bingo's Faddah
    +1
    Wouldn't it have been better if you 2 just shared opinions instead of insults?
    That way there was a chance of both of you to learn something.

    2 shared opinions insults chance learn
  • FAWKES'... Bingo's... 2012/04/13 16:06:27
    FAWKES' NOOSE ~ ΔTX
    You may inform the nitwit above whom I have blocked that President Obama has issued as many drilling permits as President Bush and is on track to exceed Bush's number of permits by the end of his first term.
  • Bingo's... FAWKES'... 2012/04/13 21:40:53
    Bingo's Faddah
    +1
    Will do man.

  • Someone Else 2012/04/13 13:16:23
    Higher gas prices have hurt my budget
    Someone Else
    +1
    But not as much as it's hurting the Governments all my fuel cost's are 100% tax deductible so in the long run I make out better than uncle sam
  • DJPanicDC 2012/04/13 13:10:07
    I do not mind higher gas prices because I drive a moped
    DJPanicDC
    +2
    Actually because I live inner city and walk or take public transportation everywhere,
  • JP DJPanicDC 2012/04/13 13:48:07
    JP
    +1
    We don't all live there.
  • DJPanicDC JP 2012/04/13 14:05:52
    DJPanicDC
    +1
    I know but it was the closest answer, and I do belive we should extend public trans everywhere like Europe has

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