Have taxes on petrol gone up or is it market forces?
A you know the only way to stop fuel rises is to nationalise production
and have state control on distribution... it's market forces... try
$8.47 in Europe for a US gallon of unleaded!



-----Original Message-----
From: [email protected] [mailto:[email protected]] On
Behalf Of Pete Theisen
Sent: 31 March 2011 16:30
To: ProFox Email List
Subject: [OT] Campaign promise kept

Hi Everybody,

The self-styled "mutt" said he was going to increase gas prices. He kept
his promise.

http://www.washingtontimes.com/blog/watercooler/2011/mar/30/gas-prices-d
ouble-under-obama/

"Gas prices have doubled since Mr. Obama took office. According to the
GasBuddy gasoline price tracking web site, the price of a gallon of
regular gas was around $1.79 when Mr. Obama took office. Today the
national average is $3.58. The lowest average price in the continental
United States is $3.31 in Tulsa Oklahoma, the highest is $4.14 in Santa
Barbara, CA. Four-dollar-a-gallon gas has arrived on average throughout
California, and a number of other states are headed in that direction.

"Consumer price index (CPI) figures from February show an unadjusted 12
month gasoline inflation rate of 19.2%, but in the last month alone
prices jumped 6.8%, probably because of oil price increases due to
instabilities in the Middle East. If the trend continues, gas prices
would double again within a year. 100% gasoline price inflation is
nothing to brag about, but imagine Mr. Obama going into the 2012
election having to explain why gas costs $7.00 a gallon. I'm sure the
White House would spin it as one of their "Green" initiatives."
--
Regards,

Pete
http://pete-theisen.com/
http://elect-pete-theisen.com/

[excessive quoting removed by server]

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