Let's see, personal wealth in this country is down by about half, the bottom has literally fallen out of the housing market, 100 million Americans now find themselves on government assistance in one form or another, 46 million Americans are now on food stamps, for the first time in our history our credit rating has been downgraded, and now the price of gas is once again very rapidly approaching four dollars a gallon, having already more than doubled since Barry first came into office. According to Barry's own government statistics, the price of a gallon of gas has now gone from $1.84 per gallon to $3.85 per gallon. Hence the reason for my question, "Thank you Barry, may I have another?"
The average price per gallon of gasoline is calculated by the Energy Information Agency, and shows that over the past 43 months of Barry’s illustrious term, retail gas prices have more than doubled, rising from an average of $1.84 per gallon to $3.85 per gallon. Rising gasoline prices were particularly prevalent in August, which saw a 9.0 percent rise in the Consumer Price Index (CPI) for gasoline, a rise that almost entirely accounts for the general increase in prices seen by families across the country over the past month. That being said, it's difficult to deny the fact that policies put in place by Barry have not played, and continue to play, a large role in the continuing upward trend in the price of gas .
So what's being attempted here, I think, is to blame the recent spike in prices for 'all goods', as tracked by the government’s Consumer Price Index, as being the sole cause for at least the recent rise in gas prices. Prices in the economy rose by 0.6 percent overall in August. “The seasonally adjusted increase in the all items index was the largest since June 2009. About 80 percent of the increase was accounted for by the gasoline index, which rose 9.0 percent and was the major factor in the energy index rising sharply in August after declining in each of the four previous months,” so said the Bureau of Labor Statistics (BLS) in a press release announcing the new CPI figures for August.
Over the past twelve months, general prices have risen 1.7 percent, at least that's what the BLS reported. CPI is a measure of the average change in prices for goods and services in the economy seen by consumers, making it the leading indicator of the inflation experienced directly by consumers throughout the country. But again, to make the claim as has this president and his, too many to count, apologists, that the cause for escalating gas prices has nothing whatsoever to do with Barry's resistance to allowing more exploration, is at best disingenuous and at worst patently dishonest. Because that is in fact the root cause for what is the skyrocketing price for a gallon of gas .
I think we all pretty easily recognize the primary reason behind rising gas prices We have a president who maintains a stubborn refusal to allow drilling just about anywhere where drilling was not already taking place when he came into office. So, here we sit on top of more oil deposits than in all of Saudi Arabia and yet we're permitted to do nothing to go after it. And he refuses to allow the Keystone pipeline to be built. Both, if allowed, would not only put thousands of people back to work, but also would also help to bring down the cost of gas as well as energy in general. If not for Barry, we would all be paying a lot less to drive our cars as well as to heat and cool our homes.
But because Barry is firmly in the pocket of the wacko environmentalist crowd, the rest of us are made to watch more and more of what's left of meager disposable income disappear into the gas tanks of our cars. Since day one of this horrendous administration Barry has insisted upon taking actions that have essentially crippled our ability to pursue oil exploration here at home on any significant scale. His EPA has now gone completely rogue in its efforts to circumvent Congress at every turn as it has set about instituting polices that are based entirely on non-existent man-made global warming and completely bogus theories regarding climate change. Barry must go!

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ReplyDeleteThis is such a great post, and was thinking much the same myself. Another great update.
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