It could happen, if the dollar continues to fall. And the White House seems determined to make that happen.
I have an idea for an ad campaign next year. Show a video clip of Obama back in ’08, talking back how “gas prices will necessarily go up” to carry out his green agenda, or about “bankrupting the coal industry.” Then end the ad with, “He got what he wanted. Did you?”
…but it’s Bush’s fault!? The left will do what they did to O’Donnell. They’ll take the money for the ads then not run them (perhaps after the next election just so they can say they met their obligation.)
If gas hit’s six dollars you might as well run Palin because he’s toast regardless. It will be a donkey slaughter the likes we have never witnessed.
Clearly the solution is:
High Speed Rail
Already I hear people moving into the city to cut their gas prices – step one of the HSR plan is in effect.
There’s a better quote that I can’t quite recall.
He basically baldly stated “It is a good thing when gas prices go up.”
Not as a side effect “They’ll necessarily go up”, but flat-out ‘this is a good thing.’
If the press were more curious or confrontational than a dead weasel, he’d be toast.
If we can subsidize the family farm surely we can subsidize the suburban ranch house.
I want a fuel consumption subsidy for my 13 mpg truck, because if it weren’t for people like me stuck using these gas guzzlers the highway fund would dry up.
Al, what I recall from 2008 is that Obama’s only complaint about the high gas prices was that the price increased too rapidly. He seemed content with the high prices so long as they could be blamed on Bush.
Correct. June 2008.
The spin now is that presidents don’t have anything to do with the price of gas… it’s all just a mystery.
Yeah, terminating oil leases doesn’t have anything to do with the price of oil. Nor does restricting drilling in the Gulf of Mexico or prohibiting it in ANWR. And holding up production of shale and other innovative means of energy production can’t possibly affect the prices we pay, nor the EPA passing restrictions on carbon emissions. Nor does printing a lot of money causing the value of the dollar to nose dive.
Nope, nothing to see here. Move along, folks.
Look gas will be sold at what global demand is, we have two major economies growing at rates that have rarely been seen before, India and China. This is causing demand to increase while supply is decreasing. Peak oil is going to happen in this decade, all you fools saying “drill baby dill” are ignoring the fact that oil is a finite resource and is increasingly rare. Price increases are inevitable. This is what we get for not developing alternative technologies and instead subsidizing an increasingly rare resource at the expense of the national debt. We already spend more then we make on defense of major oil corridors, not to mention endless wars for more oil. You brainwashed zealots who think that oil will never run out are about to get a rude awakening. Alternatives are the only solution now, and fortunately we have a small section of the government who realized this. The president is aware that oil will never be cheap again, and all of who think that we can have 1$ gas are living in a fantasy world.
“all of who think that we can have 1$ gas are living in a fantasy world.
Blah blah blah. Probably you and people like you were saying this exact same thing when it hit $4 a gallon a few years back. Then, what did it do? It plummeted back down to $1.75. In fact the price fell so fast that it had economist worried that maybe the price was falling too fast.
The president is aware that oil will never be cheap again, and all of who think that we can have 1$ gas are living in a fantasy world.
Maybe it’s so, maybe not. But I’ll feel better when we no longer have the worst president ever in charge of such perceptions.
$ 6 dollar gas is crazy, what can anyone do about it. We sponge off the foreign oil companies because we don’t have enough or cant make enough. WHAT IF government put a cap on gas at $3 and the consumer would pay no more. The difference we coulod get back as income when you file taxes or mail it in qtrly to get the difference you paid to get the $3.
That was consumers are happy and will continue to spend, the government could figure a way to get their money back by drilling for more or cutting back some of their ridicolous programs I and all taxpayers are paying!!