Video: Get ready for big hike in gasoline prices; Update: NBC hypocrisy?

posted at 12:10 pm on February 15, 2012 by Ed Morrissey

Until now, Barack Obama has had some mildly good news on the economy, with weekly jobless claims sticking around the 350k-370K range and a boost in job creation in January. Unfortunately for Obama and all of us, the same problem that strangled the economy in 2008 and 2011 is about to hit the US again. NBC’s Today show reports on the significant price hikes coming in the price of gasoline:

Visit msnbc.com for breaking news, world news, and news about the economy

If gas prices hit $5 per gallon as some economists now predict, that hits consumers in more places than just the pump. Gas price hikes raise prices throughout the distribution chain, especially at the grocery store. That kind of rapid rise in gasoline prices will quickly erode the small gains in consumer buying power from the last few months, leaving less disposable income and putting downward pressure on demand. That will reverse any gains in the economy and kill Obama’s chances of claiming economic growth when voters really start paying attention to the general election this summer.

This is no one’s fault more than Barack Obama himself.  He blocked the Keystone XL pipeline that could have mitigated the price of gasoline, at least in the futures market.  Over the three years of his presidency, he has blocked exploration and extraction in the Gulf of Mexico as well as on shore in the US, eliminated more domestic sources of oil that would shield us from price shocks on the world stage.  That shortsighted energy policy will haunt his re-election efforts — and the White House knows it.  I’d expect calls for another release from the Strategic Petroleum Reserve, even though the SPR doesn’t have enough to impact the long-term rise of gas prices and isn’t supposed to be used for political purposes of getting re-elected anyway.

Update: The indispensable Ed Driscoll remembers when NBC begged Obama to push the price of gasoline above $4:

Did I call this yesterday or what? NBC’s Matt Laurer begins a Today Show segment on rising gas prices by saying, “There’s some troubling news. Gasoline prices are back on the rise, and some analysts say it could get even worse, just in time for the summer driving season.”

If Matt sounds even more robotic than usual reading the script in his ‘prompter, that’s because the dean of NBC newsreaders anchormen pleaded with incoming president-elect Obama on Meet the Press to raise gasoline prices, when they were temporarily at their lowest, back in early December of 2008:

TOM BROKAW: Let’s talk for a moment about consumer responsibility when it comes to the auto industries. As soon as gas prices dropped, consumers moved back to the larger cars once again. The SUVs are the big gas consumers. Why not take this opportunity to put a tax on gasoline, bump it back up to $4 a gallon where people were prepared to pay for that, and use that revenue for alternative energy and as a signal to the consumers: “Those days are gone. We’re not going to have gasoline that you could just fill up your tank for 20 bucks anymore.”

Be sure to read it all.

Update II: Tom Elia has some hypocrisy from Nancy Pelosi, too:

With gasoline prices nearing $3.50 a gallon in some places – with expectations they are heading higher — maybe it’s time to go back to April 2006 in order to review the wisdom of Rep. Nancy Pelosi (D-CA), as she expressed then her theory on rising gas prices at a press conference. (The video of her comments, which used to be located here, has been surprisingly [unexpectedly!] deleted.)

Her theory?  Suffice it to say that it involves George Bush, Dick Cheney, and Biiiiiiiig Ooooooiiiiiilllll.


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$5 gas is the only way the GOP wins the WH

burserker on February 15, 2012 at 1:41 PM

Any attempts by the GOP make high gas prices an election issue will be met by howls of outrage from the MSM about the GOP exploiting economic hardship for political gain. The MSM will also point out that Soetoro is the first black president.

Being spineless jellyfish, the RNC will drop the energy price issue lest they not be invited to parties in Georgetown.

MidniteRambler on February 15, 2012 at 1:48 PM

I will gladly pay $5 a gallon for gas through election day if it means this bozo gets evicted from office.

Republicans: Remember barack is the one who curtailed deep sea drilling. barack is the one who killed the XL pipeline. All fingers point to barack.

DuctTapeMyBrain on February 15, 2012 at 1:00 PM

Obama could get gasoline prices down below $2.50/gallon by Election Day if he wanted to. The balance between worldwide supply and demand for crude oil is very tight, and oil futures traders buy and sell contracts based on anticipated FUTURE supply and demand. If Obama suddenly decided to re-open the Gulf of America Mexico for drilling, and build the Keystone XL pipeline, traders would bid down the price for crude futures, which would have a ripple-effect on PRESENT crude prices.

Crude prices were over $130/barrel, and gasoline prices over $4 per gallon, in June 2008 when then-President George W. Bush lifted the Executive ban on new oil-drilling leases in the Gulf. Oil-futures traders, anticipating an increased supply over the next few years, bid down the price of crude oil to under $50/barrel, and gasoline prices dropped to $1.80/gallon by December 2008.

Republican candidates need to remind voters of what happened to oil prices in 2008, and PROMISE to build the Keystone XL pipeline and open up the Gulf for drilling if elected, then let Obama take the heat for high oil prices.

Steve Z on February 15, 2012 at 1:48 PM

@cane_loader on February 15, 2012 at 12:41 PM

Doggone it, cane_loader- you’re being way too logical here, and scaring the krep outta me in the process.

Very interesting scenario you paint, and as you say it’s all plausible.

GrassMudHorsey on February 15, 2012 at 1:48 PM

For all our sakes, I hope it isn’t nuclear war involving Israel….

cane_loader on February 15, 2012 at 12:27 PM

He’s pushing for a major crisis. Maybe that will be it, or part of it. Maybe it will only be domestic. But IMO, that’s his plan.

The Rogue Tomato on February 15, 2012 at 1:50 PM

Palin needs to bring this up, it is in her wheelhouse on two fronts. The media and oil.

KBird on February 15, 2012 at 1:52 PM

Is that a picture of Burro Canyon on Feb 4th post?

Oil Can on February 15, 2012 at 1:30 PM

..it’s ancient history. It’s the old San Gabriel Valley range.

I still head up to Burr[it]o Canyon from time to time? My LCPL Son drags me to Angeles for the most part, however.

The War Planner on February 15, 2012 at 1:54 PM

Preaching to the choir Ed. I have two trucks and am very aware of gas prices.

DDay on February 15, 2012 at 2:00 PM

If the Arab Spring hasn’t clued us in . . .Obama presents a golden opportunity for the resurrection of the caliphate

heroyalwhyness on February 15, 2012 at 1:29 PM

Speaking of the caliphate…

The capital of the last caliphate was Cordoba.

The official name of the “Ground Zero Mosque” is “Cordoba House”.

Michelle Obama’s trip to Spain wasn’t “tone-deaf”, it was “pitch perfect”… to the Cordoba Initiative.

ITguy on February 15, 2012 at 2:01 PM

Of course, the DSM (Democrat Stooge Media) keeps this angle under wraps to protect Obama but if the candidates hammered select points like this at every debate or speech it would be hard for the DSM to do so.

kd6rxl on February 15, 2012 at 1:11 PM

Wait! What? Like the MSM debates would really let the debaters talk about something important? Hah! Hope springs eternal!

I just gave up my beloved Expedition EL, I have owned different Expeditions for almost 15 years, but it cost me (in Chicago) almost $125 to fill it. Now we have an Acura MDX, I miss my Expedition terribly, but filling it just became unreal.

herm2416 on February 15, 2012 at 2:01 PM

Combine with a resurgent US economy, and you have strong demand which will keep the price elevated. There are also a slew of silly federally mandated costs associated with the production of gasoline, all of which leads to higher prices at the pump.

TouchdownBuddha on February 15, 2012 at 12:37 PM

Well, that’s not really a problem now, is it..?

affenhauer on February 15, 2012 at 2:02 PM

Somewhat tongue in cheek:

12-21-2012

I Barack Obama hereby suspend all rights and the last election due to the ongoing oil/nuclear crisis.

marinetbryant on February 15, 2012 at 2:02 PM

So The Won should have put us on restriction when he came into office. Screw the free market.

Cindy Munford on February 15, 2012 at 2:04 PM

One can only hope gas is $5 gallon at election time. Then we can hear the idiots “Obama gonna give me gasoline for “free”!”

GarandFan on February 15, 2012 at 2:08 PM

Drill here, Drill now! Still looking idiotic to all you Haters?

Bmore on February 15, 2012 at 2:10 PM

Crude prices were over $130/barrel, and gasoline prices over $4 per gallon, in June 2008 when then-President George W. Bush lifted the Executive ban on new oil-drilling leases in the Gulf. Oil-futures traders, anticipating an increased supply over the next few years, bid down the price of crude oil to under $50/barrel, and gasoline prices dropped to $1.80/gallon by December 2008.

Republican candidates need to remind voters of what happened to oil prices in 2008, and PROMISE to build the Keystone XL pipeline and open up the Gulf [and ANWAR] for drilling if elected, then let Obama take the heat for high oil prices.

Steve Z on February 15, 2012 at 1:48 PM

Exactly right.

Look at how gas prices went from $4.090/gal in July 2008 to $1.689/gal a mere five months later in December 2008.

http://data.bls.gov/timeseries/APU000074714

That wasn’t the result of increased drilling for oil. It was the result of anticipating an increased supply over the next few years.

Of course, once Obama was in office and banned deep sea drilling in the gulf, prices started to go back up again, anticipating a decreased supply over the next few years.

The situation only gets worse with a nuclear Iran.

ITguy on February 15, 2012 at 2:10 PM

Crude prices were over $130/barrel, and gasoline prices over $4 per gallon, in June 2008 when then-President George W. Bush lifted the Executive ban on new oil-drilling leases in the Gulf. Oil-futures traders, anticipating an increased supply over the next few years, bid down the price of crude oil to under $50/barrel, and gasoline prices dropped to $1.80/gallon by December 2008.

Republican candidates need to remind voters of what happened to oil prices in 2008, and PROMISE to build the Keystone XL pipeline and open up the Gulf for drilling if elected, then let Obama take the heat for high oil prices.

Steve Z on February 15, 2012 at 1:48 PM

I suspect that the immense contraction caused by the high oil prices and the housing collapse had more to do with the reduction in the price of oil than the lifting of the ban did…but I think that’s the kind of thing you could argue forever and never come to a full agreement.

But it could be a productive argument against BHO being re-elected. Wasn’t he whining yesterday about gas prices, as if it weren’t completely his fault?

PetecminMd on February 15, 2012 at 2:11 PM

I just gave up my beloved Expedition EL, I have owned different Expeditions for almost 15 years, but it cost me (in Chicago) almost $125 to fill it. Now we have an Acura MDX, I miss my Expedition terribly, but filling it just became unreal.

herm2416 on February 15, 2012 at 2:01 PM

You see? His strategy worked. Next they’ll have you buying a Volt.

The Rogue Tomato on February 15, 2012 at 2:12 PM

… Who’s with me???

Seven Percent Solution on February 15, 2012 at 12:38 PM

-7%

Bmore on February 15, 2012 at 2:13 PM

If gas prices hit $5 per gallon as some economists now predict, that hits consumers in more places than just the pump

Oh no! Well looks like the oil execs will be dragged before Congress again! What? Obama in the WH? Oh, never mind… won’t happen as long as a Democrat sits in the WH.

Mr_Magoo on February 15, 2012 at 2:32 PM

Ed, here is a link to the video. The Irony? I found it on the democrat(ic) underground blog site. Click on the QT link and you’ll be able to see it and download it.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132×2590688

TitleofLiberty on February 15, 2012 at 2:33 PM

Just like obama is about to decimate our Nuclear Stockpiles, he will open up the Federal Emergency Oil Supply and totally delete it under the guise he’s helping the middle class. The only thing obama is helping the middle class and every-other class is for this country to become a 3rd World Country with him as it’s Dictator! Where are the spineless Republicans on this? Hiding!!!!!

vietvet68 on February 15, 2012 at 2:34 PM

1986 President Clinton vetoed legislation which would have opened new drilling in the US. He commented that it would take 10 years for any new drilling would not reach market for ten years anyway.
26 years ago. The ten year excuse is still being used today.

Ufdaubet on February 15, 2012 at 2:34 PM

Also, read the comments of what the mindless liberals were saying back then ALL THE WAY BACK to 2006 about why the prices were up and who was to be blamed.

WHERE ARE THEY/YOU KNOW? Will you denounce the ’cause and effect’ for high gas prices now?

TitleofLiberty on February 15, 2012 at 2:36 PM

I suspect that the immense contraction caused by the high oil prices and the housing collapse had more to do with the reduction in the price of oil than the lifting of the ban did…but I think that’s the kind of thing you could argue forever and never come to a full agreement.

PetecminMd on February 15, 2012 at 2:11 PM

Read this:

http://www.dailyfinance.com/2011/03/28/the-real-reason-gas-prices-are-soaring/

ITguy on February 15, 2012 at 2:42 PM

I am putting my bumper sticker on today. It says “Who’s in Your Wallet?” with the Obozzo logo in each of the O’s

stormridercx4 on February 15, 2012 at 2:43 PM

Five Years ago… Speaker Pelosi:

Energy Independence

Energy independence is a national security issue, an economic issue, and an environmental issue. With gasoline prices at record levels, Americans are feeling the pain at the pump. They worry about the security of our nation and our growing dependence on foreign oil. Fortunately, the answer to this long-term challenge is right here at home.

American ingenuity can be put to work to achieve energy independence from Middle East oil in the next 10 years. America can develop emerging technologies to process homegrown alternative fuels. A sustained investment in research and development is crucial to creating cutting-edge technologies to develop these clean, sustainable energy alternatives and capitalize on America’s vast renewable natural resources, including solar energy and wind power.

Democrats have a plan developed by our Rural Working Group to invest in the Midwest and other American farm communities. Our New Direction will send our energy dollars to the Midwest, not to the Middle East.

With solutions that are home-grown, our plan commits to America. Our comprehensive plan provides tax incentives to encourage increased biofuels production, increases the number of flex fuel vehicles on the road, and expands the ethanol pumps at gas stations. It would increase research and development to create jobs through cutting-edge technologies for biofuels, including new refining processes and new vehicle technologies.

GLOBAL WARMING

The technological advances that will achieve energy independence also will help us address the most urgent environmental issue facing us today: global warming. For the sake of our future generations, America must provide strong leadership to reduce emissions that are responsible for global warming. Instead, we have walked away from international efforts to help reduce this growing danger to the planet.

We will develop ground-breaking technology and policies that harness the creativity and flexibility of the free market to reverse the dangerous warming trends. Increased use of renewable energy sources, including biofuels, and energy efficiency will help reduce emissions, protecting future generations from this global threat.

ITguy on February 15, 2012 at 2:44 PM

1986 President Clinton vetoed legislation which would have opened new drilling in the US. He commented that it would take 10 years for any new drilling would not reach market for ten years anyway.
26 years ago. The ten year excuse is still being used today.

Ufdaubet on February 15, 2012 at 2:34 PM

That’s quite a trick.

nico on February 15, 2012 at 2:46 PM

Just like obama is about to decimate our Nuclear Stockpiles, he will open up the Federal Emergency Oil Supply and totally delete it under the guise he’s helping the middle class.

[snip]

vietvet68 on February 15, 2012 at 2:34 PM

So follow the logic here:

If the SPR is depleted, then the U.S. loses negotiating leverage against Iran.

So, things are becoming clear:

1. Impose an “arbitrary and capricious” Gulf Drilling Moratorium.

2. Kill Keystone.

3. Refuse to help Iranian students.

4. Allow Egypt to fall into Muslim hands.

5. Allow Libya to fall into Muslim hands.

6. Allow Iran to develop a nuclear weapon.

7. Allow war fears to push up oil prices.

8. Drain Strategic Petroleum Reserve to drive oil prices down, and build good feelings for re-election.

9. Allow Strait of Hormuz crisis to cut off oil flow.

10. Nuclear weapon detonated in Iran, Israel, or both. Due to drained Strategic Petroleum Reserve and war in Persian Gulf, Americans put on gas rationing and widespread fear is stoked. 0bama appeals to fear to get re-elected.

11. Due to drained SPR, American leverage is lost and America is forced to make concessions to Iran that doom Israel and throw her under the big bus.

12. Egypt, Syria attack Israel, Russian advisers acting as a relatiatory shield in Syria, and Iran attacks through Iraqi airspace, due to American withdrawal. Tehran, Qom, and the entire state of Israel are vaporized in the first nuclear exchange in human history.

Result: World War IV/The Apocalypse (you choose)

cane_loader on February 15, 2012 at 2:49 PM

1986.

nico on February 15, 2012 at 2:49 PM

I broke 14 mpg in my 2004 4wd F-150 on the last tank. Then it broke me to refill it this morning.

DanMan on February 15, 2012 at 2:50 PM

I can’t wait to start putting postit notes on gas pumps and grocery items stating “These outrageous prices brought to you by Hope & Change” NOBAMA 2012

Robert Jensen on February 15, 2012 at 2:55 PM

In addition here’s the game being played by oil refiners.

aLoha Tim on February 15, 2012 at 2:59 PM

Link didn’t show in last post
http://www.thedisciplinedinvestor.com/blog/2012/01/30/gasoline-surges-here-is-the-inside-scoop/

aLoha Tim on February 15, 2012 at 3:00 PM

The Dems would have wrapped the gas price issue around the Republican administrations neck 10 times over by now.

Not a peep from Congressional memebers of the stupid party.

Where’s the GOP chairman whose name I can’t even pronounce?

rickyricardo on February 15, 2012 at 3:09 PM

I am putting my bumper sticker on today. It says “Who’s in Your Wallet?” with the Obozzo logo in each of the O’s

stormridercx4 on February 15, 2012 at 2:43 PM

For a long time now I have been contemplating making stickers saying “Moron” with the Obama campaign O’s, and placing them on all parked cars that have the damned Obama bumper stickers.

cmsciulli on February 15, 2012 at 3:17 PM

I wish the average price was still $3.50/gal. In San Diego its been over $4.00 for a year, and well over if your car needs a premium fuel that isn’t 60% water like the regular at most stations.

Gas prices are everything to everyone, so whoever our lame nominee ends up being he/she needs to harp on Obozo’s history of ignoring drilling permits, exploration, and the Keystone pipeline rejection as the reason we’re all paying so much just to get to the job we wish we had.

stacman on February 15, 2012 at 3:28 PM

Five dollar a gallon gas and lines of people getting their ration of weekly gas if all hell breaks loose in the Middle East with Iran.

SC.Charlie on February 15, 2012 at 3:33 PM

Tehran, Qom, and the entire state of Israel are vaporized in the first nuclear exchange in human history.

Result: World War IV/The Apocalypse (you choose)

cane_loader on February 15, 2012 at 2:49 PM

Well, if it’s the Apocalypse, Israel wins, so…

TexasDan on February 15, 2012 at 4:08 PM

I’m in the business. We watch the barrel price in real time, to the 1/100th of a cent and ZAP goes out the change to the marketplace. The boys and girls watch the news, listen to the speeches, check the trends, roll the dice. ZAP, on a station’s web the corp market guru’s give the updated price. Each location has a local strategy to follow…X cents over/under local competition, depending on what niche that corporation is trying to target.

So for you “it is a conspiracy” folks, you can take your ire and direct it elsewhere than the station operators. The market is alive, in all those millions of stations, moving and twitching to flow of information.

Limerick on February 15, 2012 at 4:16 PM

“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket. Coal-powered plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.”

~~ B. Hussein Obama, San Francisco Chronicle – January 2008

Lenguado on February 15, 2012 at 4:32 PM

If we had a Republican president NBC would make sure to stress that it was totally the fault of the president and Republicans that gas prices had gone up. In fact, they may yet blame it on Bush if they haven’t already. According to the MSM, Obama is never responsible for anything negative and is ALWAYS responsible for anything positive (though there hasn’t been much positive in his term as president so far). Anyone who actually believes the MSM, especially NBC, is ignorant or a brain-dead liberal.

lukjuj on February 15, 2012 at 4:32 PM

cane_loader on February 15, 2012 at 2:49 PM

If Obummer bumbles this badly, I don’t think he’ll get re-elected. He doesn’t have the soaring confidence of the people as GWB did in the 9/11 crisis. Many will blame him rather than put their trust in him. Many will see it as the “last straw”, I think, and be eager to put a new president in…even in the middle of a crisis.

Grace_is_sufficient on February 15, 2012 at 4:34 PM

“I’d expect calls for another release from the Strategic Petroleum Reserve, even though the SPR doesn’t have enough to impact the long-term rise of gas prices and isn’t supposed to be used for political purposes of getting re-elected anyway”.

Like Obama and his cronies give a sh#@!

Opposite Day on February 15, 2012 at 4:45 PM

Around here it was as low as $2.70 at one point. It’s now around $3.25…and rising.
Thanks, Barry!
///

annoyinglittletwerp on February 15, 2012 at 12:14 PM

$3.25…Another reason I should have stayed in Lubbock. $3.45 is the lowest (I refuse to say cheapest , cause it ain’t cheap) here in Deep East Texas.

My b-day is in Nov , I haven’t been this anxious for a b-day since I was a kid!!

TXChas on February 15, 2012 at 4:53 PM

I just can’t believe the Today Show put a picture of Michael Moore pumping gas up there.

CycloneCDB on February 15, 2012 at 4:54 PM

TOM BROKAW: Let’s talk for a moment about consumer responsibility when it comes to the auto industries. As soon as gas prices dropped, consumers moved back to the larger cars once again. The SUVs are the big gas consumers. Why not take this opportunity to put a tax on gasoline, bump it back up to $4 a gallon where people were prepared to pay for that, and use that revenue for alternative energy and as a signal to the consumers: “Those days are gone. We’re not going to have gasoline that you could just fill up your tank for 20 bucks anymore.”

Well it is nice to know that CBS is just a news service and does not advocate policy positions, especially Liberal/Socialist positions that might hurt the electorate.

Bulletchaser on February 15, 2012 at 5:01 PM

The Dems would have wrapped the gas price issue around the Republican administrations neck 10 times over by now.
Not a peep from Congressional memebers of the stupid party.
Where’s the GOP chairman whose name I can’t even pronounce?
rickyricardo on February 15, 2012 at 3:09 PM

The wailed to W when gas prices were $3

libs have no effing memory therefore can be decieved by obvious ploys

perfect slaves

Sonosam on February 15, 2012 at 5:13 PM

With gasoline prices nearing $3.50 a gallon in some places – with expectations they are heading higher…

News flash for Tom Elia: you haven’t been able to buy a gallon of gas near Chicago for under $3.50 since very, very early in the Reign of Lord O’Bonehead. Paid $3.60 this morning in the south suburbs, as usual. In the city, it is well over $4.00.

Jaibones on February 15, 2012 at 5:19 PM

TOM BROKAW: Let’s talk for a moment about consumer responsibility when it comes to the auto industries. As soon as gas prices dropped, consumers moved back to the larger cars once again. The SUVs are the big gas consumers. Why not take this opportunity to put a tax on gasoline, bump it back up to $4 a gallon where people were prepared to pay for that, and use that revenue for alternative energy and as a signal to the consumers:

It’s real easy to say crap like that when you have millions in the bank and a car service that takes you to and from work. Here’s a better idea, why don’t we put some of the media elites in a large burlap sack and let folks hit the sack with hammers until the sack stops twitching.

Wallythedog on February 15, 2012 at 5:25 PM

If you Republicans allow this stupid meme to exist you DESERVE to lose. It’s inflation and here is how to prove it. When gas was $4 last time, a barrel cost $140. Now the price is $3.51 and a barrel is $101. Beef is up 25%, pork is up 22%, wheat, corn and cotton are all up. If you cannot show people this simple truth then you will lose this November, because the high prices are going to be blamed on the evil oil companies. Get your cranio/rectal myslexia cured fast, so you can actually defeat the media tales.

stacybernardslay on February 15, 2012 at 5:26 PM

Notice how the NBC report doesn’t mention drilling, doesn’t mention pipelines, doesn’t mention crappy energy policy.

Why, this problem has nothing to do with Our Dear Leader.
Who ya gonna believe? NBC or your lying eyes?

gordo on February 15, 2012 at 5:28 PM

cane_loader on February 15, 2012 at 2:49 PM

If Obummer bumbles this badly, I don’t think he’ll get re-elected. He doesn’t have the soaring confidence of the people as GWB did in the 9/11 crisis. Many will blame him rather than put their trust in him. Many will see it as the “last straw”, I think, and be eager to put a new president in…even in the middle of a crisis.

Grace_is_sufficient on February 15, 2012 at 4:34 PM

Remember the Democrats at Kos and HuffPo screaming about how the “Imperial President Bush” was going to suspend the ’08 elections? We know that they are masters at projection; if it looks like there’s any chance, war or no, that O won’t get re-elected, do you really think that Holder and Co won’t back him on suspending normal governmental processes, such as elections, “just till the world situation calms down”?

Damn, I’ve always hated conspiracy theories and felt that people thinking this way were over-reacting, and here I am doing it myself….

LibraryGryffon on February 15, 2012 at 8:14 PM

Tack hammers to them there burlap sacks, Wally.

Can tell cane_loader has that gurgling annoyance in the gut right now, a sensation which will no doubt manifest itself into a shimmering sh*tnugget soon.

How can we even begin to ignore the strategically placed chess pieces Sir Loader speaks of? To add a few more, at one point there were around 120K troops in the middle east, that number falling a bit lately (according to the LSM). Fairly sure at any given time we’ve five aircraft carriers roaming the seas, just kinda waiting around. Pair those with the unstable region and you’ve the fixings worthy of a spot at granny’s coveted Thanksgiving Buffet for the Cold at Heart.

War is coming, and as some have stated here today/tonight, people MIGHT just wake the hell up and elect anyone but His Highness due to the little trick he HAS BEEN/WILL be pulling soon enough.

ABO/FBO

ahlaphus on February 15, 2012 at 9:28 PM

Any attempts by the GOP make high gas prices OR ANYTHING ELSE OBAMA HAS CAUSED an election issue will be met by howls of outrage from the MSM about the GOP exploiting economic hardship for political gain. The MSM will also point out that Soetoro is the first black president.

Being spineless jellyfish, the RNC will drop the energy price issue AND ALL OTHER TRUTHS lest they not be invited to parties in Georgetown.

MidniteRambler on February 15, 2012 at 1:48 PM

FIXED

CW on February 15, 2012 at 9:51 PM

Might be something like this…

http://pelosi.house.gov/news/press-releases/2006/04/releases-April06-Rubberstamp.shtml

Copy and Paste just in case of deletion

Pelosi: ‘With Skyrocketing Gas Prices, Americans Can No Longer Afford Republican Rubber Stamp Congress’ April 24, 2006
Pelosi: ‘With Skyrocketing Gas Prices, Americans Can No Longer Afford Rubber Stamp Congress’
Monday, April 24, 2006

Contact: Brendan Daly/Jennifer Crider, 202-226-7616

Washington, D.C. — House Democratic Leader Nancy Pelosi released the following statement today on President Bush’s, Speaker Hastert’s, and the Republican Congress’ empty rhetoric on gas prices. Key facts on the Majority’s failure to address gas prices follows Pelosi’s statement.

With skyrocketing gas prices, it is clear that the American people can no longer afford the Republican Rubber Stamp Congress and its failure to stand up to Republican big oil and gas company cronies. Americans this week are paying $2.91 a gallon on average for regular gasoline — 33 cents higher than last month, and double the price than when President Bush first came to office.

“With record gas prices, record CEO pay packages, and record oil company profits, Speaker Hastert and the Majority Congress continue to give the American people empty rhetoric rather than join Democrats who are working to lower gas prices now.

“Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.”

* * *

Key Facts on the Majority’s Failure to Address Gas Prices:

President Bush, Speaker Hastert and the Majority Congress wrote and passed a Republican energy bill that President Bush’s own Energy Department said would raise gas prices on American consumers. Big oil and gas companies wrote the Republican energy bill, and the American people paid the price.

The Majority rejected imposing tough penalties on price gouging companies three times in the past year, since that time, gas prices increased by another 11 cents a gallon.

Speaker Hastert and the Majority have been blocking action on Congressman Stupak’s Federal Response to Energy Emergencies Act (H.R. 3936) since last September, which would protect American consumers from high gas prices by empowering the FTC and the DOJ to investigate and prosecute oil companies engaged in price gouging at each stage of the energy production and distribution chain and outlaws market manipulation.

John Kettlewell on February 16, 2012 at 4:57 AM

Also here is a supposed transcript of the video in question

http://www.theneweditor.com/index.php?/archives/2957-Nancy-Pelosis-Comments-on-Oil-Prices.html

John Kettlewell on February 16, 2012 at 4:59 AM

John Kettlewell on February 16, 2012 at 4:57 AM

Yes, exactly:

2006 – media: the high gas prices must be part of the Bush/Chaney/Haliburton/Big Oil conspiracy!
2010 thru 2012 – media: <>

JeffVader on February 16, 2012 at 12:10 PM

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