Barack Obama claims the reason gas prices were low when he took office was because the economy was so bad
There was one answer from the debate last night that I found very interesting, and that was Barack Obama’s answer to high gas prices. Mitt Romney mentioned that the high price of gasoline is proof that Barack Obama’s energy policies aren’t working.
Barack Obama turned around and blamed George Bush’s economy for the low gas prices:
He said when I took office, the price of gasoline was $1.80, $1.86. Why is that? Because the economy was on the verge of collapse
It was interesting to hear Barack Obama blame George Bush for low gas prices, but I understand Barack Obama’s theory; people had less expendable income therefore they traveled less and the demand for gas went down leading to the drop in gas prices. But isn’t this an admission that Barack Obama feels high energy prices are the new normal? Isn’t he basically saying Americans have a choice to make; a bad economy with low gas prices or a good economy with crippling gas prices? Is he actually trying to make the case that the high gas prices are proof the economy is improving? If so, does any of this bother him?
I refuse to believe we cannot have both a good economy and low gas prices like we have had in the past, unless of course Barack Obama wants high gas prices and we know he does. He admitted it when he was running for president when he said energy prices would skyrocket under his plan. Barack Obama also stated he didn’t have a problem with high gas prices, only with how quickly they rose because people didn’t have time to adjust to the new prices.
And he has brought people into his administration who concur with higher gas prices; Energy Secretary Steven Chu once said he wanted to see Europe’s gas prices in the United States. (He has since walked it back when it began to cause Barack Obama some grief, but does anyone really think he has changed his mind?) There was also Transportation Secretary Ray LaHood who stated the Obama regime must coerce people out of their cars.
So Barack Obama has a record here; he only opposes high gas prices when he can use it for political gain against an opponent. But as president he sees this as a crisis which he can then use to push his radical global warming, cap and trade policy. So yes, Barack Obama thinks his energy policies are working just fine.