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Less pain at the pump for drivers-and Obama (Barf Alert: Drop of 10-20 cents is boon for Obama?)
CBSnews ^
| October 20, 2012
| Anthony Mason and Rebecca Jarvis
Posted on 10/20/2012 10:25:41 AM PDT by Snuph
Video at link...
CBS News) Americans are finally seeing some relief at the gas pump.
The national average for a gallon of regular has fallen for more than 10 straight days, and now stands at $3.69.
The steady decline comes with Election Day right around the corner.
Earlier in the campaign, President Obama's Republican challenger, Mitt Romney, made an issue of high gas prices.
But that pendulum has swung in favor of the president.
And Tom Kloza, chief oil analyst of the Oil Price Information Service, says prices have been heading down in all 48 states in the continental U.S., including, of course, the "battleground" states expected to swing the election.
He adds that, "The biggest declines, and the places you'll most likely see less than $3 is probably in the Southeast and some of the 'red' states.
"But Ohio right now, for example, is somewhere between $3 and $3.20 a gallon. So [Obama] is gonna get a little bit of benefit from that."
(Excerpt) Read more at cbsnews.com ...
TOPICS: News/Current Events; Politics/Elections
KEYWORDS:
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$1.80 Jan 20,2009 Doubled in 4 years. Forward $8.21 in 2016 He knows he can!!!
1
posted on
10/20/2012 10:25:49 AM PDT
by
Snuph
To: Snuph
Yeah, 4.05 from 4.18 is wonderful.
2
posted on
10/20/2012 10:28:09 AM PDT
by
headstamp 2
(What would Scooby do?)
To: Snuph
Just wait until winter drives-up electric and natural gas prices. Those’ll wipe-out any artificial/BS savings in gas prices-at-the-pump, for every family.
3
posted on
10/20/2012 10:29:09 AM PDT
by
Carriage Hill
(The 0bummer Penguin: I played this country like a harp from hell.)
To: Snuph
You think the price is manipulated?
You don’t think the government has some influence on the price of gasoline?
4
posted on
10/20/2012 10:29:35 AM PDT
by
JimmyMc
To: Snuph
In order for it to be under $3 here in Ga. it would
have to go down by 69 cents. Ain’t happening.
Diesel at $3.99.
5
posted on
10/20/2012 10:30:05 AM PDT
by
tet68
( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
To: Snuph
If CBS news thinks that I'm going to switch my vote to Obama and his cabal of bonesmokers over a paltry drop in the price of gas,Then they don't understand the hatred I harbor for all socialists.
6
posted on
10/20/2012 10:30:26 AM PDT
by
Farmer Dean
(stop worrying about what they want to do to you,start thinking about what you want to do to them)
To: headstamp 2
Cheapest regular gas in L.A. is $4.33
But we got great weather.
7
posted on
10/20/2012 10:30:32 AM PDT
by
jessduntno
("Socialism only works...in Heaven where they don't need it and hell where they have it." - RR)
To: Snuph
The national average for a gallon of regular has fallen for more than 10 straight days, and now stands at $3.69. Horse****. $3.74 to $3.89 for 60 miles around where I live in Arizona. No drop for the past two weeks.
8
posted on
10/20/2012 10:30:51 AM PDT
by
FlingWingFlyer
(This is America! Being dead is no excuse not to vote!!!)
To: Snuph
Notice how they minced the words a little.
The steady decline comes with Election Day right around the corner.
Really, the "steady" decline? Since when?
9
posted on
10/20/2012 10:31:37 AM PDT
by
unixfox
(Abolish Slavery, Repeal The 16th Amendment!)
To: Snuph
We just paid close to $4.30 the last time. That IS down from $4.70. Man, I guess we should vote Obama! /s
CeeBS just can’t help itself...
They have been reporting out some rather negative stuff about Obama, but support of Marxists is so ingrained they can’t even stop from supporting one that is Islamic in his soul.
10
posted on
10/20/2012 10:33:29 AM PDT
by
DoughtyOne
(Fooled folks once didn't you. Revenge is spelled, "VOTE RED". You're going down donkeys...)
To: Snuph
NOOOOOOOOOOOOOOOOOOOO !!!!!
Obama implied that the higher gas prices showed better prosperity.
If prices are falling, that means the economy is getting WORSE.
President Obama on gas prices at the debate:
"Think about what the Governor just said. He said when I took office, the price of gasoline was $1.80, $1.86, why is that? Because the economy was on the verge of collapse."
==
[/s]
11
posted on
10/20/2012 10:34:24 AM PDT
by
TomGuy
(Dukakis is to tank as Obama is to binder & Big Bird)
To: Snuph
It was 1.80 because we were at a semi-low point on the depression chain. If ya want low prices at the pump, wish for low stock returns.
Obama has merely reflated the stock bubble and the oil prices have risen with the free money. Throw in sponsoring rebels in Libya and Syria and ya got a nice mix of fun.
12
posted on
10/20/2012 10:35:13 AM PDT
by
Theoria
(Romney is a Pyrrhic victory.)
To: Snuph
Hey he’s the one who said low prices are indicative of a bad economy, right?
So how can this be good news for him?
13
posted on
10/20/2012 10:36:38 AM PDT
by
Wiser now
(Socialism does not eliminate poverty, it guarantees it.)
To: Snuph
cBS thinks this will save Obama in 17 days? LoL.
To: JimmyMc
When 23 million people no longer need to commute to a job, the demand for gasoline declines.
15
posted on
10/20/2012 10:43:32 AM PDT
by
mvpel
(Michael Pelletier)
To: Snuph
Sort of like that tremendous drop in the unemployment rate.
16
posted on
10/20/2012 10:44:46 AM PDT
by
arthurus
(Read Hazlitt's Economics In One Lesson ONLINE www.fee.org/library/books/economics-in-one-lesson)
To: Farmer Dean
If CBS news thinks that I'm going to switch my vote to Obama and his cabal of bonesmokers over a paltry drop in the price of gas,Then they don't understand the hatred I harbor for all socialists.Worth repeating, but let me say it louder:
If CBS news thinks that I'm going to switch my vote to Obama and his cabal of bonesmokers over a paltry drop in the price of gas,Then they don't understand the hatred I harbor for all socialists.
To: Farmer Dean
They aren’t targeting a smart person like you.
18
posted on
10/20/2012 10:56:43 AM PDT
by
Toespi
To: Snuph
But that pendulum has swung in favor of the president.Right! Now gas prices are only up by 100% instead of the 110% they were up a week ago since Obama became president.
19
posted on
10/20/2012 10:57:42 AM PDT
by
VeniVidiVici
(Dumb or Dumber? Biden or Obama?)
To: Snuph
One thing that should be made clear is that 0bama’s policies have nothing to do with any temporary drops in the price of gas. (He didn’t build that.)
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