Posted by bad_luck on 11/5/2012 6:48:00 PM (view original):
You're right. I was remembering SoCal prices. Nationally, they were lower. But the point remains, gas wasn't cheap because of some supply side magic and then went up because of Obama. They were already up, then crashed with the global economy, and then went back up.
AND Obama did nothing to bring the prices back down. He had plenty of chances. Like allowing the Keystone pipeline to proceed. You have to remember he doesn't want cheap gas. It will ruin his big plan for green energy and make all the stimulus money he poured into those programs be even more worthless.
You don't need a college degree in Economics to know that people who are spending huge amounts of their paychecks to fill their gas tanks won't have as much money to spend on other things which would help revive the economy yet Obama was either blind to that or too stupid to do it. That is the big difference between him and Romney. Romney knows that the sooner we can increase our own oil production, become more energy independant, and lower gas prices, the sooner and better are economy will recover.