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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (418855)	3/28/2011 10:12:37 PM
From: KLP	Respond to of 793900

Rush was right: We CAN'T afford Obama! Some history of gas prices just during O's term so far..... When O took office in Jan 2009, the average gas price was $1.83.....Today on the West Coast, the average price for REGULAR gasoline is just over $4.00!! The gasoline on the West Coast includes 15% ethanol, which of course, is less dense (therefore not as efficient) as oil without the EXPENSIVE additive. Add the cost of the less efficient gas, and THEN compare to the day Obama took office.....Absolutely more than double++ the cost, and no end in sight! Hyperinflation, brought to you by Obama and his gang of merry gang of green theives! Coming soon to your neighborhood.... FRIDAY, MAY 29, 2009 Gas Prices: Bush vs. Clinton vs. Obama Here's a comparison the media won't be making: 8 years of Bush - Gas prices up 25% 8 years of Clinton - Gas prices up 38% 4 months of Obama - Gas prices up 31.7% Where is the media outrage? This very good post from a couple of years ago inspired me to look at updated numbers. When President Bush took office on January 20, 2001, the national average gas price was $1.46 per gallon. Six and a half years later, on August 27, 2007, the national average gas price had jumped to $2.76, roughly 89% higher. Compounded annually, this represents about a 10% jump each year Bush has been in office. Now, let’s compare the numbers over the same time period for President Clinton. (emphasis added) When Clinton took office on January 20, 1993, the national average gas price was $1.06 per gallon. six and a half years later, the national average gas price had jumped to $1.22, roughly 15% higher. Compounded annually, this represents about a 2% jump each year. Fast forward to January 20, 2009 when Bush left office. At that time, the average price was $1.83 per gallon, roughly 25% higher. Over Bush's entire term of office, gas increased at a compounded annual rate of approximately 2.85% per year. Now, compare that for the entire Clinton term. Over Clinton's entire term, gas went from $1.06 to $1.46 per gallon, approximately 38% higher. Over Clinton's entire term, gas prices increased at a compounded annual rate of approximately 4.1% per year (an annual rate that is approximately 44% higher than under Bush). None of these numbers are adjusted for inflation, but that likely makes little difference. Since King Barry's coronation, gasoline prices have risen from $1.83 to $2.41. That is 31.7% in only four months. Does the President really have much influence over this? In my opinion, the answer is no, but don't tell that to Nancy Pelosi who was convinced that Bush was responsible for the high gas prices that were present during a portion of his term. Where are the Congressional hearings, Nancy? Where is the media outrage? Labels: gasoline prices, media bias someoneneedstosayit.blogspot.com ********* FRIDAY, MARCH 11, 2011 More on Gas Prices The Weekly Standard gets in on the game, showing how gas prices are now up 67% since Obama took office. They include a helpful graph from the Heritage Foundation which compares this to the same period in the Bush administration. Of course, my readers have been aware of this issue for quite some time. Labels: Barack Hussein Obama, gasoline prices, liberal media, media bias posted by John Danneskjöld @ 1:42 PM someoneneedstosayit.blogspot.com **************** Right After the 2008 Election.... Gas price drop: 60 days straight National average price for gallon of gasoline falls to $2.105. Peak was $4.114 in July. EMAIL \| PRINT \| SHARE \| RSS CNNMoney.com staff November 16, 2008: 8:19 AM ET money.cnn.com *************