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PTCcock195
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CMXI ●
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tired ●
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BamaLivesFootba said...
Probably has nothing to do with rising production and inventories and lower demand.
It probably has more to do with "Obama and the bureaucrats"-Right or "Bush and oil buddies"-Left.
They should do an exit poll on the sixth and ask how many Americans think the President directly controls gas prices. I'd be the house its at least a plurality.
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CMXI said...
Oooh, so does this mean if Romney wins the presidency we can start attacking him in a few years when gas prices rise for reasons entirely out of the president's control?
Jeebus, the only people who bring up historical gas prices are the ones who insist on using the tired and ignorant "Gas was $1.87 when Obama took office" attack. Anyone with half an ounce of sense realizes that the president doesn't control gas prices.
This post was edited by dpfenny on 10/25/2012 at 12:07 PM
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irishyoung
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dpfenny said...
Might be because the leaders on the left along with help from the media told everyone it was Bush controlling the gas prices to make more money for his buddies in "big oil". For some reason the media has been rather quiet on the subject the last couple of years...
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BamaLivesFootba said...
I don't remember a single credible media source saying they were controlling prices directly. I do remember some implying that certain policies (like the indirect destabilization of the Middle East) were benefitting certain "oil buddies" through higher prices. That is completely different than what you are saying.
This post was edited by dpfenny on 10/25/2012 at 12:22 PM
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dpfenny
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dpfenny said...
http://www.youtube.com/watch?v=sQb_4hXLx2Q&noredirect=1
http://newsbusters.org/blogs/tim-graham/2012/03/23/mrcs-tim-graham-and-neil-cavuto-compare-coverage-gas-prices-bush-vs-obam
So where is all the media storm blaming Obama policies for the prices today?
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Under Review said...
Anyone above a 6th grade education knows that the President doesn't directly control anything outside of some national defense scenarios.
That is the base of all of the humor I derive from the debates and all of the squabbling over "It's Bush's fault-It's Obama's fault".
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BamaLivesFootba said...
Sorry, I and take a newsbusters article on a Fox News program seriously.
I'd also like to point out, AGAIN, that policies made by the Bush administration indirectly favored the oil industry. There is a big difference between someone who messes with the price of oil being responsible and someone who doesn't mess with the price of oil not being responsible.
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dpfenny said...
So all of the video clips in the link were dubbed over? They did not really say the things that are in those clips? w/jw
According to you the policies of Bush were to blame for the high prices under Bush but the higher prices of today are not Obama's fault?
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dpfenny said...
Bush did that to benefit his "oil buddies"?
So now that Obama is in office and the region supposedly much more stable then the prices should have fallen...and yet last year was a record year.
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BamaLivesFootba said...
That was implied. I never said it was true. Higher oil prices would benefit them though.
The Middle East region isn't the only part of the equation. Even if the region had restabilized, another variable can offset that. If you look at oil prices over time, it's almost similar to GDP, there are bottom outs, but that bottom out doesnt necessarily have a net sum equilibrium. So a shock does more damage than a fall. Even since 2003, the world has become more globalized and the demand for oil in the developing world has essentially offset all lack of demand in the west, but if you look at oil prices in the last twenty years, the Middle East destabilization created a high benchmark low that hasn't been met since.
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dpfenny said...
So according to the media...and apparently you. High gas prices under Bush = Bush's fault. Higher prices under Obama = not Obama's fault.
Did Fox news dub over all of the voices in the linked video clips? Did the people in those clips really not say those things?
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BamaLivesFootba said...
Sigh.
Look. Gas prices reflect oil prices, Oil prices reflect supply and demand. If you destabilize an oil-producing region, you hurt supply all while you have increasing demand around the world, ergo higher oil prices.
Please explain to me what BO has done to affect supply and demand as much as Bush did.
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Gas plunges in Ohio...