Will Obama receive a free pass over escalating gas prices unlike Bush?

February 21, 2012

Woe to consumers and “Heaven Help Is!” if gas prices do hit, as experts in Chicago predict, $4.60 by May.  Regular unleaded gas now averages $3.48 a gallon, vs. $3.12 a year ago and $2.67 in February of 2010. 

The trend in gasoline prices nationwide over the last three years has not been a friend to the consumer.  Tracked during a three year period, gas has jumped 102% in just three years: 

January 2009   $1.65    ~   January 2010  $2.57    ~    January 2011 – $3.04    ~    January 2012 – $3.29

Gone are the days when gas was $1.40 a gallon, as was the cost in 2001 when George W. Bush took office.  By the time Bush left office in 2009 gas was up to $1.68, a 20% increase. 

There is little wonder why gas prices have spiked up so dramatically from the time Obama took office until now, with further predictions that gas prices will spike even higher by summer?   Consider that since taking office three years ago, President Obama has demonized the oil industry, dramatically slowed offshore drilling, blocked ANWR and killed the Keystone Pipeline. 

How much higher must a gallon of gasoline cost before the American people start to blame President Obama!  Already the American are feeling a squeeze on their available incomes and some have limited unnecessary driving.  Unfortunately when gas prices increase the cost of food and most other products to up.    http://articles.latimes.com/2012/feb/14/business/la-fi-gas-prices-20120214

I have heard said that the American people should consider gasoline a bargain at $4.00 a gallon, that it is the new norm, and that we must get used to it. 

Not widely known is that this nation is awash in the gasoline that it refines, and even exports a record amount of it.  If this is so, why are gas prices so high and going even higher?

Oil companies have gotten a bad rap.  Time after time the American people have been told that oil companies make astronomical profits.  Profit margins of U.S. oil and gas companies averaged 6.7 cents per sales dollar, below the profit margin for all manufacturing industries with an average of 9.2 cents per sales dollars.  Pharmaceuticals & Medicines averaged over a 23 cent profit per dollar of sale. http://www.conocophillips.com/EN/about/energy/energyissues/pages/profits.aspx
Many Americans do not realize that oil is a commodity on the world stage and how the U.S. is in competition with other countries for oil.  As such a growing world-wide demand for oil and gasoline to fuel the economic expansion of China and India must factor into the rise of gasoline prices, in addition to high gas taxes, civil unrest in Venezuela, continued unrest in the Middle East, political instability in Nigeria, and too few refineries in the U.S. 

To further destabilize the oil market, on Feb. 19, in retaliation for the sanctions placed on Iran by the EU, Iran cut off the supply of oil to England and France.

As explained recently by Mark Levin, a weekday syndicated talk show host on WSL-AM, gas pricing is dependent on supply and demand.  It should not be the role of government to intervene.  The U.S. is benefiting financially from exporting much of the oil it refines up and above what this nation needs.  The problem is, that despite a 10% drop in the use of heating oil in this nation due to a warmer winter, and less driving by many, not enough oil was left here at home.  What oil is here has become more pricey.   

President Obama’s environmental and energy policies are also a key reason why gas prices are constantly heading higher, and not the result of corporate greed and not enough government intervention as radical environmentalists are want to say, dead set as they are against new refineries, the exploration of oil in the Gulf of Mexico and parts Alaska, and offshore drilling. 

With most presidents there is a direct relationship to the price of gas and their re-election.  It remains to be seen whether the American people will blame Obama accordingly in November — Bush’s head was demanded on a platter — when and if gas prices do reach $4.60 and even $5.00 a gallon here in Chicagoland.

So far President Obama has been able to skirt blame by telling the American people that outside forces beyond his control is causing gas prices to escalate.

If this nation would take advantage of its huge oil reserves. it could keep more of its domestic oil at home, so as not to be dependent on oil from unstable countries where unrest exists to threaten the supply of oil or where the amount of oil released on the world market can be lowered at whim by oil producing countries to keep profits high.  

There is no shortage of oil in the U.S. There are proven reserves of 1.79 trillion barrels available in North America.  This is more than likely will ever flow through the Strat of Hormuz and twice that of all the OPEC nations combined.  That’s enough to fill the tank of every passenger car in the United States for the next 30 years. 

Meanwhile Obama’s EPA is doing its part (and Obama’s bidding) to demonize coal-burning power plants by claiming that the emissions are toxic and cause bladder, kidney, liver, lung, prostate, and skin cancer. 

An important fact to keep in mind is that oil is not a fossil fuel.  Oil is abiotic and not the product of long decayed biological matter.  And for better or worse, depending on a person’s viewpoint, oil replenishes from sources within the mantle of the earth.   http://www.akdart.com/oil4.html

With most presidents there is a direct relationship to the price of gas and whether they are elected for a second term.  It remains to be seen whether the American people will blame Obama — Bush’s head was demanded on a platter — when and if gas prices do reach $4.60 and even $5.00 a gallon here in Chicagoland.

So far President Obama has been able to skirt blame by telling the American people that outside forces beyond his control is causing gas prices to escalate.

What about the Obama administration’s EPA which is attempting to regulate coal ash which is has branded as toxic and the cause of bladder, kidney, lung, prostate, and skin cancer?

The crown jewel of Obama’s EPA regulations was the false stigma placed on CO2 when on Dec. 7, 2009, the EPA formally declared CO2 a dangerous pollutant — even though necessary for plant life — as a way to establish that CO2 was the cause of Global Warming. the cause of Global Warming.  By the EPAs standards all human and animals are now walking toxic pollutants CO2 is exhaled.   blog.heritage.org/…/epa-formally-declares-co2-a-dangerous-pollutan….

Simply put, the global warming and climate change theory that everyone is talking is a great big lie which is damaging our economy, costing jobs, closing energy plants and which common sense and scientific facts can disprove. The “man-caused” Global warming theory revolves around the concept that modern man’s use of fossil fuels (oil, gas, coal) for energy and transportation create great emissions of carbon dioxide which accumulate in the atmosphere, causing the earth’s temperature to rise dramatically and thereby jeopardizing life on earth so that in 25, 50 or 100 years all mankind will be endangered.

These same “experts” claim that in the last 150 – 100 years the temperature of the earth has risen only about 1 degree Fahrenheit – and yes, that is what the panic is about. However, the fact is the planet has is always in a state of climate change. The earth has been going through natural cycles of warming and cooling since it began – remember the ICE AGE we were all taught about?  Mankind’s power to affect the climate is almost nothing compared to the immense power that the ocean, the Sun and planetary forces have upon the earth.  Simply put, mankind couldn’t change the climate if we wanted too — we simply don’t have that kind of power.    http://www.greatglobalwarming.com/  

More about Global Warming, and well worth reading, is a Wall Street Journal article published on Tuesday, February 21, “Concerned Scientists Reply on Global Warming,” in which the authors of the January 27 Wall Street Journal op-ed, “No Need to Panic about Global Warming,” respond to their critics.    http://online.wsj.com/article/SB10001424052970203646004577213244084429540.html?mod=djemEditorialPage_h

Even if coal and oil were to blame for climate change, what about Nuclear power as a safe, GREEN, and cheap energy source to supply future energy needs.  Although two nuclear plants have recently been approved in the state of George, this nation has not been “Johnny on the Spot” in joining the world-wide Nuclear Renaissance.  http://www.energyandcapital.com/articles/us-begs-for-more-nuclear/173

Looking worldwide, and with very few exceptions, countries are continuing their commitments to nuclear energy and realizing that it must be an integral part of their energy mix. Currently 60 reactors are being built worldwide.  None has been canceled as a result of Fukushima. China has more than 25 reactors under construction; India has 200 reactors and wants to double the number in the next two decades.
India, likewise, is not allowing itself to fall behind in selecting nuclear as a very important and necessary energy source.  India currently has 200 reactors but wants to double the number in the next two decades.  http://www.energyandcapital.com/articles/nuclear-industry-lives/1668
Unfortunately many of the 20 plants now in various stages of planning here in the U.S. will not pan out because of lengthy court tie-ups from environmental extremists, etc., who oppose Nuclear power.

Although Rick Santorum is being raked over the coals by the media because of a statement made at a rally in Steubenville, Ohio, Santorum’s remark, “Global warming is politics, not science.” spoke truth.  

Santorum likewise alluded to Global Warming as being a religion of sorts.  Also true because believers of Global Warming worship Mother Earth.  But instead of saving Mother Earth, they impose rules and regulations on the use of coal and oil as energy sources, while at the same time they promote and foist inefficient, unreliable and more expensive wind and solar (and electric cars) upon the American people.  http://www.gopusa.com/news/2012/02/20/santorum-global-warming-is-politics-not-science/?subscriber=1

Wind and solar power will never be able to take the place of coal, oil, gas or nuclear power.  Both will ultimately fail when government subsidies no longer are available to prop them up.  Even when the Obama administration propped Solyndra up with a $500 million loan, it failed.     

Would Obama even mind if gas prices went up to $8.00 a gallon as long as he didn’t reap the blame.  Probably not, because the high price of gasoline would accomplish what Obama is aiming for.  He wants to wean this nation from dependence on oil as a toxic pollutant and instead foist upon them inefficient, unreliable and more expensive wind and solar, which, in turn, will convince consumers — out of necessity — to  purchase  electric cars which up to now they have rejected. 

The Obama administration is moving forward with little resistance and little by little is succeeding in its goal too exert more and more power and influence over the American people so government can impose its will upon them.   

Is change possible?  Certainly, but not the change that 2008 brought to the American people with the election of Barack Hussein Obama. 

But will the American people swollow what Obama has planned for them in his re-election bid as he presents a more down-to earth message and modest American dream in the promotion of what he perceives as the basic building blocks of middle-class economic security?http://abcnews.go.com/Politics/wireStory/obama-peddles-modest-american-dream-5755251   

If so not only will the middle class, but all Americans will be privy to higher taxes and increased unemployment which will result in a less productive and prosperous America and, yes, continued high gas prices!


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