| 2009-Jan | 01/05 | 173.7 | 01/12 | 183.5 | 01/19 | 189.8 | 01/26 | 189.0 | ||
| 2009-Feb | 02/02 | 194.4 | 02/09 | 197.8 | 02/16 | 201.6 | 02/23 | 196.3 | ||
| 2009-Mar | 03/02 | 198.8 | 03/09 | 199.3 | 03/16 | 196.4 | 03/23 | 201.4 | ||
| 2009-Apr | 04/06 | 209.0 | 04/13 | 210.4 | 04/20 | 211.2 | 04/27 | 210.2 | ||
| 2009-May | 05/04 | 212.9 | 05/11 | 229.0 | 05/18 | 236.0 | 05/25 | 248.5 | ||
| 2009-Jun | 06/01 | 257.2 | 06/08 | 267.3 |
You may notice that the average retail price of gas that President Obama inherited was around $1.89.
Five months into the Obama presidency, the price has increased by 41%.
The price spikes of 2008 brought calls for nationalization of the oil industry by a handful of Democrats, but at the time nobody took those calls seriously. It would have been simply unimaginable.
But then, who would have imagined government ownership of GM, AIG, and Citi?
Is this the “change” America voted for? So far, Obama he has managed to apologize to terrorists and give them Miranda rights, run up the largest budget deficit in the history of the Republic, propose nationalization of health care, call the United States “a muslim nation,” appoint a record number of tax cheats to his Cabinet, bring an affirmative action appointee to the Supreme Court, and invent the creative phrase “create or save” with respect to jobs …
Obama’s been busy.
The GOP had better sharpen up their rhetoric, and fast, or this country will collapse under the weight of Obama’s hubris.
Posted in business and economy, obama Tagged: gas prices, government takeover, nationalization
