candycorn
Diamond Member
- Aug 25, 2009
- 110,598
- 49,778
this is one of those teachable moments!
remember you saw this loser rightwinger saying very clearly obama is responsible for the movement of gas prices
There is ONLY ONE WAY Obama can affect the price of gas.
By signing more federal leases to do exploration on Federal lands. If there is more oil found then that increases the supply which lowers the prices.
THAT's IT though and only recently has Obama agreed to Alaska oil exploration which I credit him!
But prior he has signed 50% less federal oil leases then Bush did in the same period.
FACT!
This is the ONLY real executive action any President can have on INCREASING production which would INCREASE supplies and Obama ....
a) In 6 years new leases under Obama..........9,922 new leases..
b) In 8 years new leases under Bush...........23,569 new leases!
attachFull46796
Oil and Gas Statistics
Not true. He could also not get us bogged down in wars in the middle East where we are spilling blood and treasure and keeping the area destabilized with our presence for 10 years.
Oh wait, he's done just that and whatdoyaknow....the price of gas is dropping
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droppingYou could be clubbed over the head with the truth and you wouldn't know it.Again, Thank You Mr. President.
Gas prices are a function of supply and demand,nothing more nothing less,supply is up demand is down,prices drop,The president has little to do with prices
Refer to page 1 of this thread (post 6 I think) for the reference material that legitimizes the praise for Our President.