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NEWBIGTECH

All it takes is some grains of faith And a few kilowatts of sweat and grace
Articles Posted: 187  Links Seeded: 1460
Member Since: 5/2010  Last Seen: 5/15/2012

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Obama Called High Gas Prices A Crisis in 2008; Now They're Called Progress - Investors.com

Seeded on Wed Feb 22, 2012 2:05 PM EST
Read ArticleArticle Source: Investors daily
us-news, gas-prices, obama-politics, democrats-economy, california-illinois, border-u-s, jobs-crime
Seeded by Newbigtech
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Already, pump prices are higher than they've been in previous years, suggesting they will top $4 soon and possibly reach an unprecedented $5 this summer.

President Obama is starting to notice the political implications. So he sent Robert Gibbs — now a top campaign adviser — out to tell the public not to worry.

"Just on Friday, the Department of the Interior issued permits that will expand our exploration in the Arctic," Gibbs said Sunday. "Our domestic oil production is at an eight-year high, and our use of foreign oil is at a 16-year low. So we're making progress."

"Progress" isn't exactly how Obama described the country's energy picture in 2008, when gas prices were closing in on $4 a gallon. Then, it was a clear sign of "Washington's failure to lead on energy," which was "turning the middle-class squeeze into a devastating vise-grip for millions of Americans."

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  • Public Discussion (16)
Newbigtech

Instead of aggressively expanding oil production, he offered a set of ridiculous alternatives — hugely wasteful "green" energy subsidies, a call for a million electric cars by 2014 and costly fuel economy mandates that won't make a dent in consumption for decades.

With gas prices up 93% since Obama took office, we're seeing just how well this approach works.

  • 6 votes
Reply#1 - Wed Feb 22, 2012 2:06 PM EST
backroads

Leading from behind again.

  • 1 vote
#1.1 - Wed Feb 22, 2012 11:46 PM EST
Newbigtech

Nailed IT!

  • 1 vote
#1.2 - Thu Feb 23, 2012 10:38 AM EST
Reply
Tyler Durden-330839

If he was a socialist the oil companies would have been nationalised by now.

  • 2 votes
Reply#2 - Wed Feb 22, 2012 2:26 PM EST
Global777

Unfortunately, for all of us, BO has had a lot of "progress" in other areas of the economy as well...

  • 5 votes
Reply#3 - Wed Feb 22, 2012 3:23 PM EST
Newbigtech

Nailed that one too.

After watching the GOP debate last night..... Any of the 4 remaining candidates would do a much better job than Obama, in the White House

  • 2 votes
#3.1 - Thu Feb 23, 2012 10:40 AM EST
Marshall James

Any of the 4 remaining candidates would do a much better job than Obama, in the White House

ummmmm I dont share your outlook on that one.

Ron Paul 2012

    #3.2 - Sat Feb 25, 2012 9:03 AM EST
    Reply
    cannonballer

    Tyler, thats what Maxine Waters wants to do, like the Government wouldn't @!$%# that up beyond belief.

    • 2 votes
    Reply#4 - Wed Feb 22, 2012 4:54 PM EST
    kazutam

    Surely no one is surprised that things that were "bad" back in 2008 are not "bad" now that he is running for re-election are they?

    Remember deficits were a failure of leadership back then also.

      Reply#5 - Wed Feb 22, 2012 5:11 PM EST
      Newbigtech

      Both Sides were to blame for the PROBLEM.

      But Obama is to blame because he promised a solution, and failed to follow through on any of his plans...... No Leadership...

      A rudderless ship headed toward the rocks, with a blind Captain pointing the way.

      • 1 vote
      #5.1 - Thu Feb 23, 2012 10:42 AM EST
      kazutam

      Both Sides were to blame for the PROBLEM.

      I would only change one word in that statement, that is "were" should be ARE.

      Because we STILL have major issues confronting us as a county, and these partisan games that they continue to play are NOT helping matters in the least.

        #5.2 - Thu Feb 23, 2012 5:14 PM EST
        Reply
        bore-head007

        "For the well-off in this country," Obama said in May 2008, "high gas prices are mostly an annoyance, but to most Americans they're a huge problem, bordering on a crisis."

        No change. Still in crisis mode.

        • 2 votes
        Reply#6 - Wed Feb 22, 2012 5:52 PM EST
        Newbigtech

        You could hear it in his voice when he went to Louisiana for the oil spill.

        He had no solution, and no idea where to look for one...

        It's kind of like egg head, meets NO common sense

        • 3 votes
        #6.1 - Thu Feb 23, 2012 10:44 AM EST
        bore-head007

        He had no solution, and no idea where to look for one...

        So he dispatched his Dynamic Genius Duo, Tinker Toy Chu, and Lube Job Jane, and poof! the oil disappeared!

          #6.2 - Thu Feb 23, 2012 11:55 AM EST
          Newbigtech

          OBAMA's 2008 Commercial for the high price of Gas..

          http://www.youtube.com/watch?v=Ka_tjPLJwVI&feature=player_embedded

          • 1 vote
          #6.3 - Fri Feb 24, 2012 1:02 PM EST
          bore-head007

          I believed him!

          Then when I noticed who were to comprise the executive branch, I new it was curtains for fishermen, and the corporate take over of the oceans were on the horizon.

          Windmills displacing food production. Oil and Gas production on Georges Bank.

          Pew Charities (the decendants of Sunoco founder Joe Pew) and EDF, the corporate friendly green washer of Walmart, BP, and US Cargill, have half of Obamas cabinet in their oil slicked pockets!

          Try explaining that to the "progressive base"!

          They seem to have a Koch addiction.

          • 1 vote
          #6.4 - Fri Feb 24, 2012 1:17 PM EST
          Reply
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