When gasoline prices rose under George W. Bush, the Democrats went crazy with accusations of how he and Vice President Dick Cheney were putting their allegiance to “big oil” over their allegiance to the American people. However, even amid their unfounded criticisms, Bush was able to bring gas prices down to approximately $1.84 a gallon simply by pushing for expanded drilling both on the continental U.S. and offshore. (For the record, the Democrats who were criticizing Bush for high gas prices also did their best to keep him from expanding drilling.)
Enter President Barack Obama. Under him, when gas prices began to rise, he laughed them off by telling one American to trade his SUV for a vehicle that got better mileage. And as the prices continued to rise, he made his often stated observation that green energy is the only long term solution for high energy prices. Then he rejected the Keystone Pipeline, which would have brought nearly a million barrels of Canadian crude to American refineries each day. Most recently, in a desperate attempt to get Americans to play along with his pin-the-high-gas-price-on-Exxon game, Obama has called for raising taxes on oil companies (as if increasing their cost of operations won’t increase the price we pay for the product they produce).
12 comments:
LOL X3, Joe this post can't be serious. Ok I'll play along. Sure Bush brought down gas to $1.84. And it only cost us 4 million+ jobs (not to mention the continued death spiral to 8 million), nearly 50% of the Dow Jones, a global economic crash, and maybe just a couple of houses going into foreclosure.
If any of take the crud in this article seriously, please get off the crack pipe.
5:23
You need to get off the crack pipe bub. The job loss started when Nancy Pelosi adjourned congress instead of voting to open more land to drilling. Remember, she had to leave on here vacation to France.
You libtards just keep trying to rewrite history don't you.
You just can't defend your record.
Libtards. Haven't heard that one before. Instead of "history" try also to look at facts.
Presidents don't set gas prices. Never have never will. And it doesn't matter how much we drill.
5:23 You are a big part of why our Country is in the shape it is today. Apparently the cheese has fallen off your cracker.
6:14 - Cracker? Why are you bringing race into this?
it does matter what leadership (president) does regarding prices. if obama "greenjeans in chief" didn't continue to kiss up to the EPA and other crazies we could have lower prices.
if he announced tomorrow that we would begin drilling in Anwar, off our coasts, other areas in our country that are ready to be drilled, and open the "pipeline" from Canada and of course build more refineries; prices would go down in a heartbeat.
A President can and has affected gas prices. Bush released our reserves which if you understand supply and demand you know how that works he also opened up offshore drilling and the speculators lowered prices. As for job loss Bush's average unemployment rate was 5% you can thank the Pelosi / Reed Congress and the Frank / Dodd bank crisis.
LOve to see you guys twist yourselves in pretzels to avoid the historic record.
5:53 you are about the only one I know who thinks that decisions tanked the entire world economy. Maybe you should get the Nobel prize for economics this year.
7:10 and 7:22, Bush made the offshore announcement and oil prices plummeted, to a measley $137 a barrel! lol. Higher than what we have today. And I really wish you clowns would get the keystone story straight. As I've said too many times now, TRANSCANADA ALREADY SAID THE PIPELINE WOULD HAVE A NEGLIGIBLE AFFECT ON OIL PRICES!
These are FACTS people.
8:45
Nice try.
So using your logic, we don't need any drilling or direct supply of oil in this country because it would have a "negligable affect (effect)" on oil prices.
Basically what you are saying is that we shouldn't develop our own oil sources because it won't help and it will take too long.
I guess people should build houses or go to college because it won't help and it will take too long.
6:14 said it well. The country has $4:00/gal gas and no outlook for improvement because of people with the mentality that you have.
Stupid is as stupid does.
don't worry. right before the election in November, gas prices will fall because of "him".
7:45, WRONG AGAIN. What I am saying is that you and others are 100% incorrect when trying to tie the keystone decision to oil prices. You and others also can't seem to wrap your head around the fact that we can't drill our way out of high oil prices due to the trajectory of global demand. Thats especially true in the US where we are one of the leaders in production yet still are the #1 importer of oil. The numbers don't lie son, that is until you cherry pick to fit them into your partisan agenda
I agree with 7:46 AM. The rabbit will come out of the hat when the ---- hits the fan right before the election.He's already telling the public that he is trying to get the XL pipeline passed.Anyone who doesn't think supply and demand control oil prices is living in a dream.
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