CNSNews****) – The average price of a gallon of gas has increased 96 percent since President Barack Obama first took office in 2009, according to figures from the Energy Information Agency (EIA).
Ohwiseone: their employees are on an innovative incentive plan: the more money the company makes the more money they make. The workers have a stake. No like unions where the lest productive worker get paid the same as the most productive worker.
In January 2009, the month Obama took office, the average price of a gallon of reguar gasoline in the US was $1.85, and Diesel $2.38. Prices have risen steadily since, but are still well short of the $4.12 average price seen in May of 2008.
Looks like I will able to get Cuban Cigars again...legally. LOL
Mod supply and demand still are economic principles
And now it seems we will be paying considerable less than the dark years (Dubya) , at least until the Saudis quit flooding the market !
Mod are you suggesting that Obama supports the keystone pipeline?
The state of Kansas is the holdup, tired.
Trick question: Who had higher gas prices, Obama or Bush?~~~~By Mike Rosenberg~~~~~~~Texas Republicans with bumper stickers on their pickup trucks blaming President Obama for soaring gas prices surprisingly have one thing in common with Bay Area drivers who bought a Prius last decade to cope with sky-high fuel prices they pinned on George W. Bush.
They paid the exact same for gas under both presidents.
It gives them what they want most MONEY. The lower prices means more travel which means they get their 54 cents PER GALLON
You would think the Socialist left would LOVE low gas prices.
BTW Kunnec, they are STILL way higher then when Bush left office.
More ignorant speculation !
The Keystone delays are just to appease the Enviromarixists in his party.
Kunnect of course he doesn't have a thing to do with it, in fact he hates it. Fuel prices are dropping IN SPITE of Obama. If he had his way, prices would "necessarily Skyrocket" to force us into his ENVIROMARXISim
I never said Obama had anything to do with it !And again the know nothings think they know something ! Sad !
While we celebrate the recent reduction in gasoline prices, I heard a new explanation for it this morning.
PRESENTLY, it is not so much the increased US domestic production increase that has caused the price drop, but merely the threat of such an increase occurring.
OPEC is currently flooding the world market with drastically reduced oil prices in order to make Fracking and Horizontal Drilling less cost efficient in our country. There WILL BE a limit for how long they can carry on with such a marketing strategy but, while it goes on, it both hurts Vladimir Putin's bank account AND pulls the wind out of ohwiseone's contention that Obama's policies has ANYTHING to do with it.
All the while seeking to doing away with unions to better their bottom line !
Koch companies in the United States directly employ about 60,000 people in 49 states and the District of Columbia, paying compensation and benefits totaling nearly $4.8 billion.
Koch companies also bought goods and services from local businesses, and their employees spent paychecks for food, shelter, entertainment and more. This combined spending translated to Koch companies supporting a total of more than 201,000 jobs and earnings of about $11.8 billion.
As in Russian currency
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