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SoFlaJet

(7,767 posts)
Sat Jun 23, 2012, 01:08 PM Jun 2012

Thank Barack For The Lowering Gas Prices

I mean right? They were quick to blame him when they were hovering around 4 bucks-that was ALL his fault so now that they've gone down a dollar we should all be touting his great leadership. You guys KNOW that if Romney were in office (God forbid) the republicon noise machine would be blasting it from loudspeakers atop the EIB Network studios all over this great land

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DCBob

(24,689 posts)
2. Not entirely.
Sat Jun 23, 2012, 01:21 PM
Jun 2012

Its also due to increase in supply and the increase in the value of the dollar and also due to speculators not speculating as much anymore.

BlueCaliDem

(15,438 posts)
4. About those speculators . . . didn't Pres.Obama say they would look into
Sat Jun 23, 2012, 01:37 PM
Jun 2012

the speculation practices of some on Wall Street regarding the gasoline prices a few months ago? He created the "Oil and Gas Price Fraud Working Group" last year in April. A year later, prices have been dropping. Could be coinky-dinky, though.

CTyankee

(63,935 posts)
3. Was it only a few weeks ago that the crew at Morning Joe was
Sat Jun 23, 2012, 01:22 PM
Jun 2012

making dire predictions "if gas goes to $5 a gallon, Obama will lose the election..."

So now they're gonna say he'll WIN the election, right? Right?

BlueCaliDem

(15,438 posts)
5. Come to think of it, I haven't heard anyone talk about the falling gasoline prices
Sat Jun 23, 2012, 01:39 PM
Jun 2012

lately. I only learned they were falling when getting gas for our cars.

Currently, 91 Octane is just under $4.00 a gallon, while 87 Octane has dropped below $3.75 per gallon.

I guess President Obama's "Oil and Gas Price Fraud Working Group' have been successful, although TPM, just three months ago, decried how little they did.

yellowcanine

(35,707 posts)
6. The RW meme also was that Obama was deliberately keeping the gas prices high.
Sat Jun 23, 2012, 02:59 PM
Jun 2012

They never really said why (well they might have but it didn't make any sense), but now some are saying Obama is conspiring with the Saudis to drive down prices.

CTyankee

(63,935 posts)
8. Call for a Congressional investigation! Hold the prez in contempt for not forking
Sat Jun 23, 2012, 04:57 PM
Jun 2012

over classified documents of the secret conspiracy!

Go for it you lunatics...really piss off the American electorate before the election!

DCBob

(24,689 posts)
9. The "logic" was that Obama wanted high gas prices so people would conserve more..
Sat Jun 23, 2012, 05:15 PM
Jun 2012

and force more use of alternatives. That might be the desire of some environmentalists but I doubt President Obama feels that way.

treestar

(82,383 posts)
7. Yeah, where are the pundits on this subject now?
Sat Jun 23, 2012, 03:01 PM
Jun 2012

Barack must have done something to hold them down and get them to go down. According to their logic. But then logic is not a pundit strong suit.

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