Gas was Below $2.00 when Obama took office

[Heather MC]

I have heard that repeated several times. But I live in Northern VA and I seriously don't recall gas being under $2 around here since the early 2000's.

I tried to look it up but all can are Anti- Obama websites repeating that statement. So DU what's the truth?

[reformist2]

1. It is true. But it's only because the world economy was collapsing!

It's one of the worst half-truths out there. But hey, it's politics. It's up to our side to provide the other half of the story - that energy prices were at record highs only a few months earlier. All that happened under Obama was that energy prices rebounded to the Bush-era levels.

In short, gasoline prices now are roughly the same as they were under Dubya, not double.

[bigdarryl]

2. The President has NO control over gas prices

[reformist2]

8. Don't say that - it only gives Repugs an opening to chant, drill, drill, drill!

[exboyfil]

14. Yes they do

Just send the economy into the worst recession since the Great Depression.
Even W the Wonder Kid can do this.

[JoePhilly]

3. The price of gas fell in near lock step with the stock market. And his risen the same way.

[BeyondGeography]

4. Tell them in August 2008 it was the same price it is now.

So laughable that people think gas prices will magically decline if a white Republican male is in the WH....

[Heather MC]

13. This FB wingnut

is convinced the Keystone pipeline is the answer to our overpriced prayers. I told him the oil companies have a right to do whatever they want with oil they find in our country. Their is no guarantee the companies would use what they find to benefit us.

[Berlum]

5. Nobody can compete with republicans when it comes to lying

[TheMastersNemesis]

6. I Doubt That Is True ----Facts Have Nothing To Do With Their Campaign And

they can just make anything up. They are able to do that because the MSM does not challenge them at the time the put their rhetoric out. The rebuttals are played to smaller audiences.

[jsr]

7. Try the US Dept of Energy website

http://www.eia.gov/petroleum/data.cfm#prices

Motor Gasoline Retail Prices, U.S. City Average
Release Date: August 29, 2012
U.S. city average, monthly from 1973–Current

Motor Gasoline Retail Prices
Release Date: August 19, 2010
U.S. city average, annual from 1949–Current

[liberal N proud]

9. Look at what they were in August of that same year, $4.12 or higher national average.

5 year history at link: Gasbuddy.com

http://www.GasBuddy.com/gb_retail_price_chart.aspx?city1=USA Average&city2=&city3=&crude=n&tme=60&units=us

http://66.70.86.64/ChartServer/ch.gaschart?Country=Canada&Crude=f&Period=60&Areas=USA Average,,&Unit=US $/G

[edhopper]

10. And still below

the highest price for Bush.
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[madokie]

11. And, we were taking a screwing by big oil then too

so you can imagine the screwing we're taking today.

The price of oil directly reflects how much the 1%'s want that white house job for one of their own. Lie, cheat or whatever it takes to get there too

I'd say a large percent of our fellow citizens don't like that we have a good honest black man running things right now and will support anyone who is from their own white mans club.

I'm an old white man myself and I love my black President.

[abelenkpe]

12. Gas prices spiked to their highest level under previous administration

Then tumbled as global financial crisis hit causing an huge drop in demand and price. You can google a chart of US gas prices for past ten years to illustrate this if you like. Republicans are simpletons though and they believe they have found a good one liner to help their cause so whenever possible combat their nonsense with facts. Northern VA? That's where all my teapot relatives live. Good luck!




Edited to add: I cannot believe republicans think people can't remember four years ago! I know they love changing history but this is ridiculous.

[Heather MC]

16. I live in a Very very blue county, not Fairfax lol

[kooljerk666]

15. Don't forget our pals the Koch bros parking tankers & hoarding oil/gas....

this is from a few months back but nothing has changed in their business practices....

http://www.dailykos.com/story/2012/03/04/1071052/-About-those-offshore-tankers-that-Koch-Industries-use-to-to-cash-in-when-the-Price-is-Right

[JonLP24]

17. I think it went close to that low (I don't remember it being that low)

when the economy was crashing and congress passed TARP which caused gas prices to go down so consumers could afford.

I do remember it being clearly over $3 during the summer though.

[Baitball Blogger]

18. It was below two dollars when W took office.

[madinmaryland]

19. We drove to Florida in December 2008, and the price of gas at the time averaged $1.60 most of the

way down there.

[EC]

20. Didn't W have to open the reserves finally when the

economy collapsed and the high price of gas was making it worse? I seem to remember saying to myself that it was about time he opened the reserves because the price was so high for a long time.

[Arkana]

21. It's not true. Gas hasn't been sub-2.00 since early Bush.

It really just isn't true.