Obama made gas prices go up?

SirKonstantine

SirKonstantine

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Jun 15, 2011
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Media | Gas Can Man | Get The Alert!

If there is someone here who knows about the oil industry & economics, can you please explain to me how Obama made gas prices go up?

When I used to listen to the news, they said that gas prices were going up because of Bush's war on terror, but that was quite awhile ago and I'm surprised to see someone buying Adwords ads to say that Obama made gas prices go up.
 


Meanwhile, on the west side of Detroit...

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Google Maps View
 
dreamache said:
the value of the dollar is decreasing, so you need more of them to buy stuff.
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The US Dollar is up or flat over the last 12 months over all other major world currencies.

  • Euro +14.99%
  • Japanese Yen +2.69%
  • Chinese Yuan -0.44%
  • Swiss Franc +19.28%
  • Canadian Dollar +1.36%
  • Australian Dollar +3.77%
  • Indian Rupee +21.48%

When the dollar was weaker, gas prices were cheaper at the pump but actually cost Americans more in terms of spending power. It's recovered some, so prices stabilized. Although, much of the cost of gas has to do with oil speculation on Wall Street rather than anything systemic.
 
Reive said:
These pictures are a little scary to look at. I've never seen a president with this kind of Cult of Personality.
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Seriously? You know people actually prayed to pictures of Bush jr right?
 
SkyFire said:
Seriously? You know people actually prayed to pictures of Bush jr right?
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Haha, no. I actually didn't. That'd be fucking crazy. (Unless they were praying for Bush, not to him.) I'm trying to look it up right now but I can't seem to find anything. Only been looking a minute, though.
 
the value of the dollar is decreasing, so you need more of them to buy stuff.
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And oil is becoming scarcer and more energy intensive to extract. Presidents (or god forbid elections) are basically big shiny things dangling just out of reach to distract us while the oligarchs make off with what's left of the loot.

Of course, if one of the current idiot criminals running for Prez decides to so something as monumentally stupid as attacking Iran, my bullshit above will immediately be proved false as oil goes to two hundred dollars a barrel overnight.
 
Reive said:
Haha, no. I actually didn't. That'd be fucking crazy. (Unless they were praying for Bush, not to him.) I'm trying to look it up right now but I can't seem to find anything. Only been looking a minute, though.
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I think it was in Jesus Camp or Religulous, both pretty fucking good.
 
SkyFire said:
I think it was in Jesus Camp or Religulous, both pretty fucking good.
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Thanks man, adding those to my queue. Looking forward to Jesus Camp a bit more though. Bill Mahr can be hit and miss.
 
[ame="http://www.youtube.com/watch?v=oWvIOPiKFrs"]Jesus Camp Bush Worship - YouTube[/ame]

/edit
Done derailing this thread now. Sorry OP.
 
liams said:
much of the cost of gas has to do with oil speculation on Wall Street rather than anything systemic.
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Nah that can't be it.

It's worth noting that the Fed has not introduced QE3, and Wall Street & Big Oil have not brought gas prices down. We're a few months out from the election. Normally this is the time when an incumbent president starts to enjoy a pop in the polls from increased liquidity and lowering of commodity prices as the economic power brokers pave the way.

Chuckie Schumer - democratic kingmaker - recently told Bernanke to 'get to work', which I think means 'give us qe3, give us what we need for Obama.' Bernanke hasn't done anything. He's been yapping about how he stands poised to act if unemployment continues, but the Fed's not doing anything. Seems like they don't want to help Obama in this regard.

That, plus increased monies to Romney - and other signals, like the Bilderberg meeting held at a Mariott (Mormon) hotel this year - make me think it's not a clear path to victory for Obama as so many seem to think.

Not saying Romney's going to win but it's definitely not obvious like it was last time with Obama.
 
MSTeacher said:
Nah that can't be it.

It's worth noting that the Fed has not introduced QE3, and Wall Street & Big Oil have not brought gas prices down. We're a few months out from the election. Normally this is the time when an incumbent president starts to enjoy a pop in the polls from increased liquidity and lowering of commodity prices as the economic power brokers pave the way.

Chuckie Schumer - democratic kingmaker - recently told Bernanke to 'get to work', which I think means 'give us qe3, give us what we need for Obama.' Bernanke hasn't done anything. He's been yapping about how he stands poised to act if unemployment continues, but the Fed's not doing anything. Seems like they don't want to help Obama in this regard.

That, plus increased monies to Romney - and other signals, like the Bilderberg meeting held at a Mariott (Mormon) hotel this year - make me think it's not a clear path to victory for Obama as so many seem to think.

Not saying Romney's going to win but it's definitely not obvious like it was last time with Obama.
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The fed wants the gov to slow spending, to cut back on the gov size... but they will not.

There is so much debt... we get slow growth
 
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