Gas Prices

Barry is working hard on them.

Click chart to view it larger.

Chart from here.
Will they hurt Obama? 
I do know that $4.00 a gallon mark was the tipping point once, it may very well be again.

Change

The Change we were all waiting for

Obama To Explain Why Gas Has Increased 67% On His Watch

This should be in the running for the Friday Nite Funnies.
                                   
Any bets he uses this to push for more "green"?
                               

Salazar Won't Bow To Politcal Pressure

His boss bows all over the world, but Interior Secretary Ken Salazar won't bow to political pressure.
                                   
                                
The economy will head south(farther south) when gas hits $4.00 a gallon. That is the tipping point.

(RigZone) — Interior Secretary Ken Salazar said that U.S. regulators would not bow to political pressure to restart deepwater drilling in the Gulf of Mexico before they are certain the oil-and-gas industry is capable of containing an oil spill like the one that followed last BP’s Deepwater Horizon disaster.

Those of us who remember gas lines and shortages won't stand for this again.
Ask that peanut farmer from Georgia.

Another Obama Milestone

$100.00 a barrel and counting.
                                   
                                
January 19, 2009, Obama’s Inauguration Day, oil was $34.78 per barrel, and gasoline was $1.68 per gallon.
We are about to see oil and gas prices that will bring the world economy to a halt if the Middle East situation is not brought under control soon........
The last time around Pelosi and crew were calling for Bush to open the strategic oil reserves, now? Hello Nancy?
The only oil the democRATS know is snakeoil.........And it is dirt cheap!

Too Late?

The last time this happened the economy tanked and the democRATS began their journey of leading America to misery.....

(CNBC) — The events unfolding in Libya mark the first uprising in a major oil producing country this year, giving energy traders their first indication of where crude could climb if Mideast turmoil were to spread to Saudi Arabia or Iran.

“Pricing in Libya supply disruptions is one thing, but what if this social unrest spreads to Saudi Arabia, which holds 20 percent of the world’s oil?” said David Rosenberg, chief economist and strategist for Gluskin Sheff. “Do the math: we’d be talking about $200 oil.”

                                   
                                
$4.00 a gallon gas is the tipping point to another economic disaster, or a continuation of this one.(I side with the latter).
Thank a liberal next time you see one! Those policies against American energy are coming to a station near you soon.........

Sure Fire Way To Stay In Recession

The last time we hit $4.00 gas, the entire economy went south.

                                   
                                
 And most think it will get there again.

(Rasmussen)- Nearly nine-out-of-10 Americans say they are paying more for gas than they were last summer and expect to pay even more six months from now. Most say $4-a-gallon gas is likely by July 1.

A new Rasmussen Reports national telephone survey finds that 87% of Adults say they are paying more for gas than they were six months ago. At the end of August, just 40% said the same.  Only one percent (1%) say they are paying less for gas now, while nine percent (9%) say they’re spending about the same amount.

Throw some $150.00  a barrel oil on and its a guarantee of another economic downturn.
The gas master in chief has already shown us his mastery at the gas pump.