Were the Republicans Wrong,
or did they get what they demanded from our President?
Just a few months ago, Republicans said Obama shouldered the blame for rising gas costs, and that only he had the “key” to lower gas prices:
(March 6th, 2012 oil = $105./ barrel. I put the quotes in chronological order and added the oil prices)
Senate Minority Leader Mitch McConnell (R-KY), Feb. 28 2012: “This President will go to any length to drive up gas prices and pave the way for his ideological agenda.”
Sen. John Barrasso (R-WY), March 13, 2012: Obama is “fully responsible for what the American public is paying for gasoline.”
Mitt Romney, March 18, 2012: “He gets full credit or blame for what’s happened in this economy, and what’s happened to gasoline prices under his watch, and what’s happened to our schools, and what’s happened to our military forces. All these things are his responsibility while he’s president.”
House Speaker John Boehner (R-OH), April 6, 2012: “The president holds the key to addressing the pain Ohioans are feeling at the gas pump and moving our nation away from its reliance on foreign energy. My question for the president is: what are you waiting for?”
Boehner, April 6, 2012: “The president’s own policies to date have made matters worse and driven up gas prices.”
La Times, April 17th 2012 "WASHINGTON — Facing heat for high gasoline prices, President Obama tried to shift the focus to Congress, Republicans and energy traders, calling for legislation that he said would "put more cops on the beat" to crack down on potential manipulation of the oil market."
June 20th, 2012 oil = $81.75/barrel
Hmmm. One month ago oil was still $105./barrel. Real oil supply and denmand changed 20% in one month? Or has the impact of speculation in the oil market been costing us 50cents/ gallon at the pumps.