[WILL PRESIDENT OBAMA GET THE CREDIT?]
By Gary Strauss, USA Today
When it comes to gasoline prices, what goes up usually goes up – particularly in heavier spring and summer driving seasons.
Not this year.
After a sharp early year run-up that was expected to continue propelling prices up to $4 or more a gallon by late spring, pump prices have reversed course and continue to slide. Nationally, a gallon of gas now averages $3.51, down 18 cents over the past four weeks and 37 cents lower than year-ago prices.
With crude oil prices slumping, prices are expected to fall another 20 cents a gallon by Memorial Day. Meanwhile, April consumption is the lowest since 1997.
“To see this much weakness in demand for this time of the year is pretty eye-opening,” says Patrick DeHaan, senior energy analyst at price-tracker gasbuddy.com. “You can attribute some of the decline to more fuel-efficient vehicles, changes in lifestyle, high (crude oil) inventories or an economic slowdown.” FULL ARTICLE
Tired of hearing Republicans lie about the President being responsible for rising gas prices? Do you think that more drilling would make prices go down? Yesterday, President Obama clarified the record.
Obama: Drilling ‘every inch’ of U.S. would not cut gas prices
The Washington Times
Thu, March 22, 2012 12:00:00 AM CDT
CLICK LINK BELOW
Barack Obama delivers a speech at the University of Southern California (Video of the speech) (Photo credit: Wikipedia)
WHY THE GOP THINKS GAS PRICES ARE HIGH
The truth is, there’s no silver bullet that can bring gas prices down. But according to Indiana Governor Mitch Daniels, “The doubling of gas prices … is a conscious policy of this administration.” That’s an imaginary plot spread by our opponents that contradicts the facts: Under President Obama’s leadership, our dependence on foreign oil reached a 16-year low, and the toughest-ever fuel economy standards will save Americans $8,000 per car by 2025. Share what the President has accomplished to lessen the pain at the pump:
PLEASE FORWARD THIS POST TO YOUR FAMILY AND FRIENDS.
One of the campaign tactics of Republicans is to blame the then Democratic president for the seasonal rise in prices of oil. With the nearness of warm weather gas prices are rising this season and Republicans are trying to blame President Obama for gas prices saying that he, Obama, won’t allow drilling for oil and more drilling will make the market lower the price of oil. BULL HOCKEY! Yesterday President Obama spoke at the University of Miami and took on Republicans and renewal energy cleaning their clocks. In case you missed it, here is the full speech. It is worth your time.
Seal of the President of the United States