US gas prices falling...

So what now Republicans, still whining about Obama and his lack of concern for your cost of living? Or are you going to tell us that it has nothing to do with him, and is merely market forces in action...like we've been telling you all along?
http://abcnews.go.com/blogs/business/2012/10/gas-to-fall-below-3-a-gallon-soon/

 

Thanks, President Obama!​

 

It's only got something to do with him when they are on the increase.

Do pay attention.

 

Why rehash this considering in every thread it is brought up the Dems that blamed Bush for oil prices during his admin.....

Both sides say crap to confuse the ignorant. Recognize that and stop being such a partisan tool.

 

Gas edges in on $2.50


October 30, 2008: 1:21 PM ET

Refineries cut gas production

NEW YORK (CNNMoney.com) -- Gasoline prices fell to their lowest level in more than a year and a half Thursday, according to a nationwide survey of credit card swipes at gasoline stations.

ARE YOU BETTER OFF NOW THAN 4 YEARS AGO?

 

So, because its so close to elections, and the gas price goes down, I should forgive the last four years?

 

I think it's always funny for Americans to complain about gas prices. If they knew how much most of Europe pays for gas, they wouldn't feel as bad about it.

 

If it wasn't for an equivalency argument, Liberals would have no argument at all.

 

http://search.yahoo.com/search?p=pelosi+gas+prices+bush&ei=UTF-8&fr=chrf-yff13

/Yawn.

To bad some of us have attentions spans that last longer then a few seconds eh?

 

The Republicans will be telling you that the Muslims oil ministers are influencing the election in Obie's favor because, well, he is a Muslim 'n all.

 

Yep.


January 2009

Job loss: Worst in 34 years
Employers slashed 598,000 more jobs in January [2009] as unemployment rate climbed to 7.6%.

NEW YORK (CNNMoney.com) -- Employers slashed another 598,000 jobs off of U.S. payrolls in January, taking the unemployment rate up to 7.6%, according to the latest government reading on the nation's battered labor market.

The latest job loss is the worst since December 1974, and brings job losses to 1.8 million in just the last three months, or half of the 3.6 million jobs that have been lost since the beginning of 2008.

http://money.cnn.com/2009/02/06/news/economy/jobs_january/index.htm

Market players were also disappointed by reports that U.S. home prices fell 8.7% year-over-year in November, U.S. housing starts fell 15.5% in December, and weekly initial jobless claims rose 62,000 to 589,000.
http://www.businessweek.com/investor/content/jan2009/pi20090122_192905.htm

On Wednesday, the 30-stock Dow Jones industrial average finished with a loss of 248.42 points, or 2.94%, to 8,200[/B].

http://www.businessweek.com/investor/content/jan2009/pi20090114_103250.htm

598,000 Jobs Shed In Brutal January
Unemployment Hits 7.6% as Downturn Picks Up Steam

The need for progress on those fronts seemed more important than ever yesterday, as the Labor Department announced that conditions worsened more than expected last month. The nation's employers shed 598,000 jobs, the most since 1974, driving the unemployment rate to 7.6 percent from 7.2 percent. If the jobless rate keeps rising at the pace it has for the past two months, it will hit double digits in summer and reach its highest rate since the Great Depression by the fall.

http://www.washingtonpost.com/wp-dyn/content/article/2009/02/06/AR2009020601156.html

GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2008 (PRELIMINARY)
[Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 6.2 [later revised to 9.2] percent in the fourth quarter of 2008, (that is, from the third quarter to the fourth quarter), according to preliminary estimates released by the Bureau of Economic Analysis.

http://www.bea.gov/newsreleases/national/gdp/2009/pdf/gdp408p.pdf

Continued Unemployment Claims at Record High
In the week ending Jan. 24, the advance figure for seasonally adjusted initial claims was 588,000, an increase of 3,000 from the previous week's revised figure of 585,000.

http://www.calculatedriskblog.com/2009/01/continued-unemployment-claims-at-record.html

ARE WE BETTER OFF NOW THAN 4 YEARS AGO?

You bet your ass we are.

 

As soon as it drops another $2 a gallon, it will be what the price was when Obama took office.

And by the way, you must be forgetting how all American libs were blaming Bush and his oil buddies when prices spiked during his administration.

 

Whatsamatta Iriemon,

Can't deal with the topic at hand? Weren't you the same one that was so focused on this very topic and exact dates a couple of months back. Yep...think so.

 

..............

 

The topic at hand was whether we are better off than we were four years ago.

You bet your ass we are.

If you want to know why gas prices dropped to $2/gal from the over $4/gal it was at a couple months earlier, see my prior post.

 

This isn't about party, body. I felt the same way when prices skyrocketed under Bush.

If anything, we're somewhat spoiled by cheap energy prices. We have the luxury to be inefficient, unlike most of the world.

We should be grateful of that fact. When we complain about high gas bills, it all comes back to making choices like selecting inefficient vehicles or choosing to live far away from work.

 

No the topic at hand a couple of months ago was that somehow you Libs had managed to find a date that gas was the same four years ago today when most of us pointed out it was under $2 (trying to get people on semantics). So I said, fine, I'll wait until a week before the election and we can revisit this to make fools out of you....and voila!

There's no need for me to waste my time on your other claims. All I would have to do anyway is ask people to liquidate now vs four years ago and any home owner would be doing worst...case closed!

 

It absolutely is an equivalency argument and it's nonsense. It's a great fallback when things aren't going well.

 

As long as our pump prices are based on strained world oil production, we will continue to be subject to widely ranging prices and the consequent negative effect on the economy.

 

No, *your* own post posed this question, in big bold letters:

I just answered it.

And you bet your ass we are better off now.

 

Gotta go walk the dog...thanks for the laugh yet again.

 

Your welcome! It was great fun!

 

So, what should I be saying, body? Should I really blame the president for something affected by various things outside of his control?

Does the president control OPEC? Does he control speculators? Does he control supply strategies by refineries? Does he control state regulations on fuel blends and state taxes on fuel? Does he control hurricanes?

There are numerous factors involved in the end user price of gas.

I would analogize it to people who give credit or blame to presidents on stock market performance, but I know you don't like any equivalencies in your discussions.

 

I bet the 7 million more in poverty and the 16 million more on food stamps would disagree.

 

I bet they wouldn't.