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Politics : President Barack Obama
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To: RetiredNow who wrote (137776)9/28/2013 5:54:00 PM
From: John Vosilla1 Recommendation

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Oblivious

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Gas was under $2, 4 years ago

You know that was at the bottom of the financial collapse. Things changed only after the GOP controlled everything and made the fatal decisions post 9/11. In 2002-03 the price range was 1.30-1.60 shot up to $4 into 2008 BUT you are very correct on the effect of QE on gas prices remaining so high now for a sustained period. So would we be normalized around $2.25 to $2.75 without QE these days?

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http://gasbuddy.com/gb_retail_price_chart.aspx
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