As President Barack Obama touts extending the payroll tax cut, every one in the room including the water carrying liberal Obama media seems to be ignoring the real issue … gas prices are up in the United States 83% since Barack Obama took office. I guess he will be blaming this on Bush as well.
President Barack Obama listed rising gas prices as among the many reasons to extend the payroll tax cut Tuesday, flanked by individuals the White House promoted as being affected by $40 per paycheck the average American would lose if the tax cut is not extended at the end of February. [...]
CNSNews.com reported last month that under Obama, the price of gas climbed by 83 percent.
When Obama entered the White House in January 2009, the city average price for one gallon of regular unleaded gasoline was $1.79, according to the Bureau of Labor Statistics. The figures are in nominal dollars: not adjusted for inflation. Five months later in June, unleaded gasoline was $2.26 per gallon, an increase of 26 percent. By December 2011, the price of regular unleaded gas per gallon was $3.28, an 83 percent increase from January 2009.
Gas prices are only expected to only go up Some analysts are stating they could go as high as $5 a gallon.. Presently, AAA has the US average price at $3.518. Try winning reelection when voters can barely afford to drive their car to work. All the spinning does not explain away what could be a greater than 100% increase in gas prices since Obama took office.