Obama responsible for bringing $5 per gallon gasoline

[bigtexxx]

Another result of King Urkel's policies -- $5 per gallon gasoline. Most importantly due to his cowardly printing of money instead of fiscal responsibility. It's an assault on the lower class.

hope and change -- delivered!

http://www.wwlp.com/dpp/news/local/h...ible-by-summer

$5 per gallon gas possible by summer
Prices have risen 17 cents in the last month

Updated: Wednesday, 15 Feb 2012, 12:48 PM EST
Published : Wednesday, 15 Feb 2012, 12:48 PM EST

Jackie Brousseau

WEST SPRINGFIELD, Mass. (WWLP) - You may have noticed at the pumps that gas prices are on the rise again, but just how high they could go might shock you. Prices could hit $5 per gallon by Memorial Day.

For most drivers, paying $5 for a gallon of gas is unfathomable, but that might just be the case by the start of this summer, and it could mean trouble for a lot of businesses that deliver their products to customers.

The website gasbuddy.com is reporting the possibility that prices could near $5 by the start of the summer driving season.

22News visited Durocher Florist on Union Street in West Springfield. They have two vans on the road making dozens of deliveries every day, and say gas prices are already impacting their bottom line. They charge $9.99 for delivery, but that really only accounts for the hourly rate of their drivers. Higher gas prices could mean big changes in their prices.

“It may make us make an adjustment on our delivery charges. We've tried to not increase our delivery charges every time there's a gas increase, but when it takes a hike over 50-cents or a dollar, we may have to make an adjustment,” Durocher Florist owner Peter Soule said.

Regular drivers like Tim Leray of Springfield say they would change their ways as well. “Everything reaches a point of no return. Gas at $5 will be the tipping point for us and we'll just drive less,” he said.

The reasons behind these rising prices are tensions between the U.S. and Iran, an increase in demand for gas in countries like China and India, and refineries along the East Coast shutting down. According to AAA, gas prices in Springfield have risen 40-cents in the last year and 17-cents in the last month alone.

As to estimates on what we could see across the nation in terms of prices? Chicago drivers might be shocked to hear that they would pay as much as $4.95 per gallon, which could mean a long summer of no driving for some people.

To find the lowest gas prices in your area, check out the 22News Pump Price Patrol.

[Amel]

I don't get it.

Are you serious or just trolling around?

[esteban]

Originally Posted by bigtexxx Another result of King Urkel's policies -- $5 per gallon gasoline. Most importantly due to his cowardly printing of money instead of fiscal responsibility. It's an assault on the lower class. hope and change -- delivered! http://www.wwlp.com/dpp/news/local/h...ible-by-summer $5 per gallon gas possible by summer Prices have risen 17 cents in the last month Updated: Wednesday, 15 Feb 2012, 12:48 PM EST Published : Wednesday, 15 Feb 2012, 12:48 PM EST Jackie Brousseau WEST SPRINGFIELD, Mass. (WWLP) - You may have noticed at the pumps that gas prices are on the rise again, but just how high they could go might shock you. Prices could hit $5 per gallon by Memorial Day. For most drivers, paying $5 for a gallon of gas is unfathomable, but that might just be the case by the start of this summer, and it could mean trouble for a lot of businesses that deliver their products to customers. The website gasbuddy.com is reporting the possibility that prices could near $5 by the start of the summer driving season. 22News visited Durocher Florist on Union Street in West Springfield. They have two vans on the road making dozens of deliveries every day, and say gas prices are already impacting their bottom line. They charge $9.99 for delivery, but that really only accounts for the hourly rate of their drivers. Higher gas prices could mean big changes in their prices. “It may make us make an adjustment on our delivery charges. We've tried to not increase our delivery charges every time there's a gas increase, but when it takes a hike over 50-cents or a dollar, we may have to make an adjustment,” Durocher Florist owner Peter Soule said. Regular drivers like Tim Leray of Springfield say they would change their ways as well. “Everything reaches a point of no return. Gas at $5 will be the tipping point for us and we'll just drive less,” he said. The reasons behind these rising prices are tensions between the U.S. and Iran, an increase in demand for gas in countries like China and India, and refineries along the East Coast shutting down. According to AAA, gas prices in Springfield have risen 40-cents in the last year and 17-cents in the last month alone. As to estimates on what we could see across the nation in terms of prices? Chicago drivers might be shocked to hear that they would pay as much as $4.95 per gallon, which could mean a long summer of no driving for some people. To find the lowest gas prices in your area, check out the 22News Pump Price Patrol.

And that is why Barry will be gone after Nov 6th this year!

[CrazyDave]

It's like the Onion has 'secret' posters here or something.

[JuanValdez]

Originally Posted by bigtexxx The reasons behind these rising prices are tensions between the U.S. and Iran, an increase in demand for gas in countries like China and India, and refineries along the East Coast shutting down.

Damn that Obama! '

Seriously, texxx, your trolling has really become underwhelming. You're just mailing it in now.

By the way, you know that we were flirting with $5 gas under Bush right? The only reason we haven't already hit it is because of the recession. Thank god Bush saved us from $5 gasoline by tanking the economy!

[bigtexxx]

Originally Posted by JuanValdez Damn that Obama! ' Seriously, texxx, your trolling has really become underwhelming. You're just mailing it in now. By the way, you know that we were flirting with $5 gas under Bush right? The only reason we haven't already hit it is because of the recession. Thank god Bush saved us from $5 gasoline by tanking the economy!

those reasons are only a part of it.

dialing up the printing presses, which devalues our currency and keeps Obama from having to make tough fiscal decisions also plays a huge part.

[mc mark]

Originally Posted by bigtexxx those reasons are only a part of it. dialing up the printing presses, which devalues our currency and keeps Obama from having to make tough fiscal decisions also plays a huge part.

You have nothing left but hate. It's going to kill you.

[Classic]

Thanks deregulation.

[FranchiseBlade]

Originally Posted by bigtexxx those reasons are only a part of it. dialing up the printing presses, which devalues our currency and keeps Obama from having to make tough fiscal decisions also plays a huge part.

You have no clue the current rate of inflation do you?

Under Bernanke, inflation has not flared out of control. Last year, the Consumer Price Index rose by just 1.6 percent. The year before, it actually fell. "The average annual inflation rate during Bernanke's term is lower than any Fed chair since 1970," notes Time magazine.

http://articles.chicagotribune.com/2...ices-inflation

[Kyrodis]

Originally Posted by bigtexxx those reasons are only a part of it. dialing up the printing presses, which devalues our currency and keeps Obama from having to make tough fiscal decisions also plays a huge part.

You might want to check out my post about the money supply in the Obama Valentine's Day thread. The money supply hasn't exploded like you think it has.

[Joshfast]

bigtexxx is on fire today!

[bigtexxx]

Originally Posted by Kyrodis You might want to check out my post about the money supply in the Obama Valentine's Day thread. The money supply hasn't exploded like you think it has.

your graph has M2 going straight north!

[Kyrodis]

Originally Posted by bigtexxx your graph has M2 going straight north!

...at the same rate it's been going since 2006 (when the economy was a raging bull and we had a different president).

The claim that Obama started cranking the presses and caused an inflationary spiral in gas/food prices doesn't hold any water.

EDIT:
Here's another chart going back to 2000. At what point do you see a gigantic inflationary increase in money supply?


I've disagreed with many of the administration's economic policies, but the truth is none of those policies have been inherently inflationary.

[Htownhero]

Why would you post a thread blaming obamas monetary policies for 5$ a gallon gas and then post an article as proof that lists several causes for this(none of which being obamas monetary policies)?

You can do better than this man. I'm sure Hightop can point you to a website that'll whip up an article for you specifically blaming Obama if you ask him. Put some effort into this, have some pride. Be the troll we all know you can be buddy!

[Major]

Originally Posted by Htownhero Why would you post a thread blaming obamas monetary policies for 5$ a gallon gas and then post an article as proof that lists several causes for this(none of which being obamas monetary policies)?

I think a bigger problem is that the title blames Obama for $5 gasoline when we don't actually have $5 gasoline. All we have is "we might have $5 gas this summer", which also could mean "we might not have $5 gas this summer".

[bigtexxx]

Originally Posted by Kyrodis ...at the same rate it's been going since 2006 (when the economy was a raging bull and we had a different president). The claim that Obama started cranking the presses doesn't hold any water.

he's kept the pedal to the metal FULL SPEED AHEAD AND THEN SOME

I can't believe you tried to toss that graph out there as evidence

[Northside Storm]

Originally Posted by bigtexxx he's kept the pedal to the metal FULL SPEED AHEAD AND THEN SOME I can't believe you tried to toss that graph out there as evidence

yeah, you're right. we should have constricted the money supply.

Suggested reading: A Monetary History of the United States, 1867-1960

(you're so far to the right I have to quote Friedman to correct your ass)

[Qball]

Originally Posted by bigtexxx he's kept the pedal to the metal FULL SPEED AHEAD AND THEN SOME I can't believe you tried to toss that graph out there as evidence

lol now you HAVE to be pure trolling

It's all pretty funny actually. Some guy posts a graph with, you know...facts, and you respond with a random statement and dismiss how he can post facts. Add a few BOOYAAA BRAAAHHH and you win!!

[Kyrodis]

Originally Posted by bigtexxx he's kept the pedal to the metal FULL SPEED AHEAD AND THEN SOME I can't believe you tried to toss that graph out there as evidence

1. You claim that Obama is responsible for higher commodities prices because he devalued the dollar by cranking the printing presses.

2. I show you a chart that says Obama hasn't cranked the printing presses any more or less than his predecessor...leading me to the conclusion that the higher prices are likely a result of something else.

3. You dismiss the chart outright and change your tune to say Obama should have done something different instead of maintaining the status quo.

I get it. When someone shows you evidence contrary to your point, dismiss it and distort your original assertion slightly so you're never wrong. Genius...

[Northside Storm]

Originally Posted by Kyrodis I get it. When someone shows you evidence contrary to your point, dismiss it and distort your original assertion slightly so you're never wrong. Genius...

never debate texxx with the intention of getting a point through to him.

just latch on some solid agitating points.

Looking ahead to November, the poll indicates that the president's re-election chances are on the rise. In hypothetical matchups among registered voters, Obama holds a 51%-46% margin over former Massachusetts Gov. Mitt Romney, leads both former Sen. Rick Santorum of Pennsylvania and Rep. Ron Paul of Texas by the same 52%-45% advantage, and beats former House Speaker Newt Gingrich 55%-42%. The president appears to have gained ground since January against Romney, Paul, and Gingrich. Only Santorum has held steady. The poll also indicates that Obama wins a majority of independent voters in all four general election match-ups.