May 10th, 2011
01:50 PM ET
7 years ago
Pols and pain at the pump: Been there, done that
Washington (CNN) - When gas prices started spiking again this month, President Barack Obama turned to a move that worked in the past: Make noise and talk tough about price gouging, then direct his attorney general to launch an investigation.
Immediately.
If that sounds familiar, it is. It's part of the rhetorical playbook politicians have used for years when gas prices go up - that is until prices fall and what felt like urgent ideas go back on the shelf.
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We know that the oil companies and Wall St. are gouging the prices. All the more reason why we should stop subsidizing them.
It looks like the republicans will be hauling in tons of campaign donations from big oil for continuing to support their raping of Americans, instead of the GOP standing up for the American people.
we cry like little children and dont do anything about it .,,we need to convert to natural gas for all our cars...the world wants all the gas ... the price is not coming down....
I wrote about this exact pattern recently. Politicians talk about increasing domestic oil production, and the price of oil and gas goes up. Stop talking about it, and the price comes down. Threatening investigations seems to work, too, for both Rs and Ds.
Hedge funds and speculation on wall street. Period.
Why is the MSM giving him a free ride on how HIS policies have made the situation even worse? And will continue to make it worse long after he's thrown out of office? THAT is what needs to be investigated. How the MSM in this country covers for this dolt at every opportunity.
There is only one way to get to the oil companies and make them pay attention. If everyone only bought gas from a single source such as Esso for two straight weeks then all the others would have to lower their price to compete. Then the following two weeks we would all buy from another oil company and if the consumers decided who to buy from and when they would have no choice but to be competitive. We can't go without fuel but we sure as heck could be the decision makers in who we buy from any given week and not buy from any others and that would proove that we can dictate to the oil companies that we want strong competition and we have some control by only buying from one source at a time until they start to lower prices and pay attention to the consumer
the day Barry took office I bought gas at $1.39.....today I bought gas for $3.99....that "hope and change" is not workin' out for me
instead of crying on these idiots, just cut driving ask for more fuel-efficiency cars, hybrid, and electric ones...oil companies and speculators are culprits...we know..bust them...jail..
If the price of gas doesn't sky rocket and stay high, nobody would ever buy GM's over priced Volt car. Andi f I'm not mistaken Government Motors is owned by Obama and his union thugs. Isn't it just wonderful how Obama cuts drilling in the Gulf, forces drilling rigs to leave and pays billions to Brazil so they can expand THEIR off shore drilling. Who could be benefitting from all this? Answer: George Soros. Who could be paying for all this? Answer: US
With gas at these prices, I can barely go from my home to work and back and still afford some beans for lunch.
But the good news is: my wife said she could probably pull my finger and generate enough gas for me to mow the lawn.