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Barack Obama and the negative decrease of gas prices since 2008.

By their fruit you shall recognize them*.

By: Moe Lane (Diary)  |  March 12th, 2012 at 04:00 PM  | 

RESIZE: AAA

Via Hot Air comes this rather-embarrassing 2008 Obama campaign video that’s simply too good – and by ‘good’ I mean ‘humiliating to the Obama administration’ – not to share. Here you go:

Hear that? When elected, Barack Obama promised to do something about those awful THREE DOLLAR AND FIFTY CENT A GALLON gas prices! Because of all those awful OIL COMPANIES! Wasn’t that nice of him?

Well, maybe. Because I don’t think that it quite worked out that way:

That $3.80/gallon is today’s (03/12/2012) number. And how does the long-term trend look, since… oh, 2006 or so (otherwise known as When we let the Democrats run Congress)? Look, and see:

That rather alarming drop, by the way, is an artifact of the 2008 financial meltdown that is the actual reason why Barack Obama is President of the United States. Or at least a President who got a popular vote majority. And I’m being told by our resident energy expert that while the 2008 price spike was a spike, the 2011 prices represent structurally higher prices. That means that 2011 is the new baseline, and if there is an economic recovery and production does not increase to match supply then said recovery will result in even higher prices. Which will impose entirely avoidable limits on that recovery.

So. Back in 2007, Barack Obama promised to do something about these $3.50/gallon gas prices, and apparently he did: we’re now at $3.80/gallon gas prices. And notice how the trend lines are going? The price goes up a bit, goes down a bit, but generally ratchets up over time. It takes a full-fledged fiscal crisis to knock down demand to the point where prices significantly drop… and even that didn’t take. All of which means that the price is probably going to go up in the near future, too. Call it… a Democrat tax. No, better: an Obamatax. We seem to have spawned a lot of these unnecessary brakes on the economy, lately.

Mind you, I do have a recommendation for the President on how to get out of this mess. Unfortunately, it’s probably unprintable, given that it involves… ah, drastically repositioning the spacial coordinates of his thumb? That’s probably a safe enough way of putting it…

Moe Lane (crosspost)

*Matthew 7:16. NIV version, if anybody’s interested.

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COMMENTS

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  • WillWong

    It just sucks that O is still at about 50% approval ratings despite three years of abject failures! They said the MSM support is worth about 15% so O’s approval is really closer to 35%!

    Now that makes more sense!

  • cheetah2

    Z

  • westcoastpatriette

    Outrage…

  • johnt

    Why hasn’t anybody else in the history of politics thought of saying that As brainstorms go “windfall profits tax” is not far behind, startling in it’s profundity & it only comes up every two years or so. And we needn’t wonder about the tax being passed on to consumers, now would we?
    Oil prices going up? It just has to be a conspiracy
    All of this must have been the creation of Emanuel & Axelrod, sheer genius those two.

  • acat

    Gas Buddy .. just make sure you’re not squandering the savings by going out of your way.

    Mew

  • http://www.nighttwister.com NightTwister

    Nice to be on the other side of the average.

  • westcoastpatriette

    :)

  • anjinconsulting

    because for the life of me, I cannot understand why they haven’t been running ads that show EVERYTHING this clown and his minions in the congress have done has been bad for the economy and bad for our stature in the world. C’mon guys it just isnt that hard!

    It would be priceless to see this add mixed with a clip of Captain Zero bowing to the Crown Prince of Saudi Arabia, with him yammering on about being owned by the “Big Oil” companies in the background.

    Republican leadership seems to have become synonymous with the rest of the invertebrate parasitites commonly associated with capitalism.

  • Ausonius

    Ultimately they have no stomach for attacking MAObama head-on with facts and even with his own words.

    Like with McLame in 2008, you will hear nothing really direct about the disaster in the White House, because they tremble before the charge of racism. They have no idea of how to turn such charges to their advantage, and if they do, they have convinced themselves that in the end they cannot win against the charge.

    So love taps all the way!

    Please, RINO’S out there! Prove me wrong! I want to be wrong here! :)

  • http://www.sourceoftitle.com skymutt

    for the life of me, I cannot understand why they haven?t been running ads that show EVERYTHING this clown and his minions in the congress have done has been bad for the economy and bad for our stature in the world.

    Because, quite simply, the candidates are trying to win. If Candidate A spends his warchest on ads attacking Obama, and Candidate B spends his warchest on ads attacking candidate A, B wins… and thanks Candidate A for softening up Obama for the benefit of his own general election campaign.

  • SoFiMil

    .

  • veritaseequitas

    that really is embarrassing and damning. Hope whoever gets the GOP nomination pulls this rabbit out of the hat when the time comes.

  • tnguy

    ….we had audio of him promising to bankrupt anyone who tried to build a coal power plant, that he would bankrupt them for charging them for greenhouse gases. Yet idiot coal workers in Pennsylvania, Ohio, and Virginia still voted for him.

    It will take more than an anti-Obama message to win in November, and neither Santorum or Romney has much to offer.

  • WillWong

    This would certainly be one of the top entries. I am also thinking about his promise to have the healthcare debate televised on Cspan for transparency, how his administration will not cater to any lobbyist, how there will be no tax increase for those earning below $250K, how he is the strongest defender of Israel and so on so forth.

    This will be a collaborative effort amongst RedStaters! Any thoughts?

  • http://www.nighttwister.com NightTwister

    Fort Collins, Colorado

  • kowalski

    But they have to rise gradually. You can’t do it too quickly, people might get ideas about what your ultimate goal was. The goal is $8.00/gallon gasoline, whether it happens during Obama’s first term or not.

    Because by the middle of his second term, gas prices wil be at $6.50 a gallon and everyone will still be saying: “Wha? Who? Gas prices are going up? Yeah well, maybe.”

    “You gotta slow down this economy, man! It’s destroying the planet with cheap energy.”

    We’re all going off the grid, one way or another – either because it’s too expensive or because it’s too expensive.

    http://www.cheaperthandirt.com/MIL2132-1.html

  • kowalski

    Everything Obama says at this point is a part of his reelection strategy. The strategy hinges on forcing Americans to pay more for energy – everywhere – all across the board. The thing people don’t realize is that it isnt a shameful thing that so many of these new, alternative energy companies have gone bankrupt. It’s perfectly OK! in the minds of the Administration. It’s just taxpayer money, being spent to create the future! It’s like charity for the world!

  • kowalski

    Well, to a close approximation, there are 2 kinds of liberals:

    1) The first kind believes that tax dollars collected by the Federal Government and re-spent on big projects like the kind Rick Santorum supported in Pennsylvania are job and wealth transfer mechanisms. The basic idea here is to take money from some people to disburse it to others who will use it someplace else, spend it, and make it go away.

    2) The second and more extreme kind of liberal believes that the Government just owns everything anyway. It doesn’t matter how deeply into debt the country goes, it doesn’t matter how much people’s children and grandchildren are going to have to pay, because ultimately, everything belongs to the government anyway and they can just set whatever value they want on it.

    Obama is #2 with a policically-savvy face. That’s all there is to it.

  • kowalski

    If you have to pay $5 or $6 or $7 or $8 or $9 a gallon for gasoline, the only thing that matters to him is whether we’re trending in the right direction when it comes to parity with European states. In his view, $2.50 for a gallon of gas was an absurdity at the beginning of the Iraq war. The basic concept is that you shouldn’t be burning it.

    And really, why shouldn’t he. Listen, Hawaii has the highest per-kilowatt hour electricity rates in the country and it’s a paradise!

  • Ausonius

    Like the one above here!

    But you can find all sorts of things on YouTube: the Internet is a great memory bank! Go to it! :)

    Part of the problem is NOT the promises he has broken: it is the the problem of the promises he has kept.

    Like the promise for higher energy prices across the board, and the promise to bring “tax fairness” to America, i.e. higher and confiscatory tax rates.

  • kowalski

    The only thing that differentiates Obama from any of his challengers is that, according to the people who are commenting, Obama’s biggest liability is gas prices.

    Absent the rise in gas prices, Americans would have a swell view of Obama and his Presidency and they’d be poised to reelect him resoundingly, according to the people who are talking about these things.

    So really, all he has to do is twist some arms until November, according to the people who know, and he’ll be OK.

    I have my own metric for it: If gas is at $4.25/gal nationwide average in August, Obama loses. Otherwise, Americans will reelect him and they’ll be asking themselves the same question about another Donk when gas is at $6.00 or more a gallon in 2014.

    The price of gasoline has to go up. It’s not a matter of speculation – it’s a matter of energy policy.

  • http://www.examiner.com/x-1597-Charlotte-Law--Politics-Examiner Mike gamecock DeVine

    Fundamentally changing America, skyrocketing energy prices and bankrupting the coal industry.

  • WillWong

    So hopefully a diary with links to every Obama’s stupid mistakes or big Government Socialistic moves will make it easier for us to pass the message around to friends, family, acquaintances, and coworkers, etc.

    It has to be something that is easily assessible and preferably searchable!

  • http://stevemaley.com Steve Maley

    $

  • Jack_Savage

    We are soooo LUCKY!

  • lineholder

    Sarc tag implied, of course.

  • Jack_Savage

    Hah! That is what it has come to, sadly.

    I do a lot of work across the line in VA, which has a gas tax that is $0.14 lower than NC. I put enough gas in the car to get across the state line, then fill ‘er up when I am there.

    Most of the time I leave enough in to make it back to VA from NC, sometimes I miscalculate, but at all times I am looking to stick it to the man.

  • http://908StraightSt.wordpress.com/ mbecker908

    [no gas]

  • WillWong

    :( :( :(

  • Jack_Savage

    As least you will always have USC cheerleaders. Almost worth $4.50 gas.