The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Gas prices up 55% under Obama

Posted by iusbvision on January 12, 2011


Obama says in video that $4.00 a gallon gas is fine as long as it is gradual

Press Grilled Bush When Gas Hit $3.00 – Nada for Obama… UPDATED!

API: Recent Studies Show Obama Drilling Moratorium Will Cost 50,000 Jobs; 160,000 by 2032.

My take, Democrats have been saying for 20 years that we should not go after our own oil and natural gas because it could take 5-10 years to get to use it. For not trying to implement the Cloward-Piven strategy, they sure are doing a great job of implementing it. Had enough yet?

Heritage Foundation:

Fact: President Barack Obama’s Energy Secretary Steven Chu wants to “figure out how to boost the price of gasoline to the levels in Europe.” At the time he made the statement, gas cost $7 – $8 a gallon in Europe.
Fact: Since taking office, President Obama’s entire energy agenda has made a gallon of gas more expensive:

All of these policies raise gas prices at the pump by either: 1) decreasing the availability of domestic energy supplies, or 2) increasing regulatory costs on gasoline production.

President George Bush was no saint when it came to free market energy policies either. He mandated the use of ethanol, put off opening up the Outer Continental Shelf till the end of his second term, supported the expansion of renewable energy tax credits, tried to subsidize the nuclear power industry, and caved into environmental pressure by allowing the EPA to begin the global warming regulation process.

But as two time Super Bowl winning coach Bill Parcells says, “You are what your record says you are.” And the facts are these: during the first two years under President Barack Obama, gas prices have risen 55%. You can compare that to the 5% drop in gas prices during the first two years of President Bush’s term or the 2% drop under the first two years of President Clinton’s term. Neither President Bush nor President Clinton had perfect energy policies. But neither of them appointed an Energy Secretary who wanted Americans to pay $9 for a gallon of gas either.

One Response to “Gas prices up 55% under Obama”

  1. Ed Darrell said

    But here in December 2011, we find that drill rig counts are through the roof — about double the equal period of the Bush 8 years, and equal to the total Bush 8 years — domestic oil production has increased each of the three years of the Obama administration, in stark contrast to the previous 7 straight years of decline, and in February 2011 the U.S. became an oil exporting nation again.

    Gas didn’t hit $4 a gallon, and is declining now.

    Would you like to join the Obama campaign?

    [IUSB Vision Editor Responds –

    No we would not like to join, because we do not join liars. Domestic production in total is up because of permits approved under the Bush Administration. As Democrats always say, we should not drill for new oil because it takes five to ten years to get oil production going once it is approved.

    Obama’s illegal offshore drilling ban has Gulf Oil production down by over 13%. He stopped the Canada pipeline project. He used a loophole in the EPA regs to shut down an oil field in Alaska causing Shell Oil to lose $5 billion. Obama is also yanking coal permits arbitrarily and is pushing to have power plants and refineries closed with regulatory catch 22’s.
    Obama is also using some lizard as an excuse to shut down new oil finds in Texas.

    Nice try Ed, but as usual, I am more informed and just plain more honest than you.]

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