Posted on 03/27/2012 3:31:03 AM PDT by tobyhill
The point at which gas prices start to shut down our economy to my thinking at least is below $4/gallon and we’ve been at or above that point for over a year now. I don’t picture anybody forgetting this before November.
“Republicans have in recent weeks waged an all-out blitz against President Barack Obama over the issue of gas prices,”
If this is the Republican idea of a “all-out blitz” its no wonder we are getting no where fast!
That picture is not surprising at all.
I’m thinking that Obama will find a way to get those gas prices down before Election Day.
“Im thinking that Obama will find a way to get those gas prices down before Election Day.”
I’d be interested in how he reduces inflation while increasing spending; a lot of the gas price increase has been mirrored in supermarkets. With the current job market and inflation, he stands no chance.
What O'Brien and all of his sycophant, Obamabot, bros and sisters in the Lame Stream Media reallllly mean is they are hoping against hope that these high gas prices will not have any affect on the reelection of their Messiah and they all intend to do everything in their power to see that the poor sheeple are disabused of the notion that the Fascist, Neo-Commie is in any way responsible.
LLS
LOL. I still remember reading on National Review (I forget the author) how we conservatives ought to be careful about criticizing Obama, just in case the stimulus worked.
First... the law of supply and demand is still in effect... so is gravity. Nothing will change the supply but the Strategic oil supply being tapped... and if he taps that... it will be a short lived and tiny change. obama wants these high prices and anything that he does to lower them... angers his base. Remember... our enemies are insane.
LLS
LLS
As long as there are 24/7 sports and the beer flows freely, most people will accept and move on. They think that “dear leader” is doing the best he can and other such tripe.
Before gas prices decline in the fall, they will do a lot of damage to the economy. Its not a matter of voter’s memory...its more a matter of how many voters will be fully employed in an economy weakened by high fuel prices. Fuel is more than gasoline...its diesel fuel and Jet-A fuel, both of which impact the economy just as much as gasoline.
For this issue to be “off the table” during election season, prices will have to begin falling in June...not August/September.
Heating Oil prices will not be a factor in the elction cycle because the country does not heat with oil as much as 30-40 years ago. The major market for heating oil is in the northeast states which are Blue anyway.
If this is the Republican idea of a all-out blitz its no wonder we are getting no where fast!
I agree...the GOP has been quite docile on this issue. But, maybe thats for the best. Fuel prices are something that is "in the voters face' every day. They see fuel prices every time they pass a gas station and feel fuel prices every time the fill their tanks or buy groceries. Republican candidates don't need to appear as though they are cheering on high fuel prices...Let the blogosphere and talk radio do that for them.
There isn't a darn thing that 0bama can or will do to lower fuel prices. The only things that can lower fuel prices are reduced demand or resolution to the Iranian situation.
The president has hinted at a co-ordinated release of oil from the SPR and Saudia Arabia is sending a "wall of oil" to the US to beat down oil prices. Neither action has had a lasting affect on oil prices because the amount of oil is virtually insignificant in a 90 million bpd global market.
Even if “the one” gets gas prices down to reasonable prices, the damange is already done due the inflation in all other items which increased and will not decrese in price after a oil price drop. Obama needs high gas prices to balance his budget on the backs of the people through inflation’s hidden equalizing effect on money spent by the government. It is the same when our currency value drops after we have international trade and we repay the debt in devalued dollars.
Whistling past the grave yard
every time I walk out of the grocery store and look at the receipt, I ask “what the #$%$% did I buy?”, prices are moving up, fast.
What way? How? Release of strategic oil reserve will have little impact.
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