Friday, July 30, 2010

If Bush was responsible for rising oil prices, why isn't Obama?

http://answers.yahoo.com/question/index;鈥?/a>





This question was asked last year and Bush was squarely blamed for rising oil prices. Why can't Obama supporter recognize that rising gasoline prices are President's Obama's fault?If Bush was responsible for rising oil prices, why isn't Obama?
Because it is neither fault, Bush nor Obama's! Blame the people in the middle east we are buying it from and the oil companies here. The same old saying goes, the rich keep getting richer and the poor keep getting poorer! Every time anyone turns around the oil companies are finding some reason or another to blame it on, even if it is contradicting what they had said previously!





I think the reason ppl were blaming Bush because he has interest's in the oil business. So they figure Bush was wanting to make his retire mint on the oil before he was out of office. They don't believe Obama does. If he is like any other politician, he does too. And you see the word IF in the sentence before.If Bush was responsible for rising oil prices, why isn't Obama?
You are right that Bush was blamed for rising gas prices. The problem is that no matter who the president is the price of gas cannot be blamed on the president. The price of gas involves two factors:


1. Supply- Opec dictates how much oil will be produced. If they want


higher gas prices they reduce production, if they want it


lower they increase production.


2. Demand- The demand from the consumer for gas relates directly


to the price. When demand is lower prices are lower, when


demand is higher prices are higher.


This one we cannot blame on the president.
Amazing how many on here have answered with ';Bush is an oil man';. What does that have to do with the current situation? Bush isn't in control anymore (wouldn't know that listening to the Dems, he is still being blamed for everything), how can he influence prices last year and this year? Time for the Libs to stop making excuses for Obama and start holding his feet to the fire like they did Bush. NO MORE EXCUSES ABOUT INHERITED PROBLEMS.
There was this guy that used to work for my company that is a Michael Savage / Rush Limbaugh Neo-Con. I think that he is extremely cool because he expresses his views publicly in a Northern California town. Anyways, some chick was whining about how Bush jacked up the oil prices. He went into detail explaining how it was Bush's conspiracy to screw people over. It was quite comical. He then told her that it was based off of the market and set her straight. Simple economics.
Obama responsible for rising gas prices? Gas was over $4.50 last summer under Bush. This summer it's about $2 dollars cheaper than last year. Part of the problem is, if you watch the news, is that investors are buying up petroleum stocks which drives the price of a barrel of oil up. Also refineries are hoarding oil. Please get your facts straight, so you don't sound like an idiot. Now, I'm not saying you're an idiot, just make sure you don't sound like one.
They're not at the unreasonable prices they were last year. Prices will go up some as the economy recovers, since demand increases as more goods are being transported, much in the same way they crashed when the economy did. Also, it's the start of summer. Gas prices traditionally rise due to increased travel. Ask again when prices hit $4 per gallon.
$150 oil will look like a bargain when ';He who must not be laughed at'; finishes up with his ruination of our economy. $150 oil was caused by speculation. The $300 a barrel that is coming was created by the reckless spending of ';He who must not be laughed at'; and a complicit Congress dominated by Democrats.
The reason for rising oil prices is the greedy people who sell it...no one controls them...so unless obama can set up a law that states oil must be set a a price and not rise or fall around it...or else...lol if it was up to bush we'd all have a mass world war cos mr oil barron wont give us our oilly ball back!
Because we don't want to hurt lord Obama's chances for reelection!





People who think that it's the president's fault for high oil prices don't know how the market works.


China is growing so fast that the demand for oil is up, therefore the prices go up as well. (oil companies)
Obama is an intelligent man who does NOT have a FAMILY BUSINESS %26amp; LIFELONG CONNECTIONS, WITH CRONIES THAT ARE A PART OF THE FORTUNE 500 GROUP.





DAM, BUSH DIDN'T KNOW IF WE WERE FIGHTING IRAN OR IRAQ! YOU SEE OIL IS OIL TO THEM!





THE REPUBLICAN ADMINISTRATION IS A SHADOW GOVERNMENT..............................鈥?THAT HAS ONLY ONE CONCERN THAT HAS NOTHING TO DO WITH 95% OF AMERICANS.
Oh, please believe, I AM looking at him sideways about these gas prices goin up again. If he doesn't get it together, I will be talkin junk about him, in regards to gas, the same way I did Bush.





Fair question, honest answer.





But on the flip side: U guys did insist that Bush had nothing to do with the gas prices. That being said, Obama doesn't either. so, i guess ur right. lol
How dare you khafir compare 'our beloved Caliph' to Bush! How dare you, only you khafir would dare to belittle our beloved 'Messianic Leader' all you umma out there need to fall to your knees before our beloved 'mendacious leader'!
You know better Democrats don't believe you can hold them to what they say or think you can apply the same rules they demand of everyone else?





It calling being hypocrites and they are doing a great job of it.
How dare you question the Great Wizard of Oz behind the curtain.





But Bush was in the oil business and was very chummy with the Saudi's. Let's admit that. Even if we are Republicans.
It is easier to lay the blame at the feet of others. You may also brainwash many to believe that you are in the right, when really it is all to the left of things.





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I don't remember blaming Bush for rising oil prices. Rising oil prices weren't Bush's fault, and they are not Obama's fault.
Neither Bush nor Obama are responsible for oil prices dumbass.





You are only stooping down to the other persons level of ignorance. Which means, you are no better than the person who asked that other question
But most of the people who answered that question didn't blame Bush. Gasoline prices rise and fall. They generally rise during summer driving season.
Oil is currently less than half the price it was when Bush was helping his oil industry friends profit from his presidency. Has gas reached $150 per barrel and $4.25 per gallon like it did during the Bush debacle?
The God Obama is a vengeful god; he punishes us with higher fuel prices and higher unemployment.
Because the Bush family has been in bed with the Saudi family that controls OPEC for 35 years and does have some influence.
Because Obama isn't connected to Big Oil. Now run along you cognidisonservative
Double standard. Obama is a liberal god.
They weren't Bush's fault and they are not Obama's fault. Greedy traders are the reason.
It's Bush's fault. Who started the oil? Bush or Obama? Bush. Deal with it.
the media will NEVER allow you to believe ANYTHING is obama's fault.
True. He was thrilled when he heard they were rising. That is great news to him. Peace
our divine socialist savior, the lord protector obama can do no wrong. or have you not heard that?
because bush started a war with our oil overlords.





but more seriously, the only people who we can really blame are the capitalist ceo's who are recording record profit margins.
Hm, I think there's a pretty big difference when the President was actually an oil barron than what we currently have now...DUH!!!!!!!!!!!!!!!!!!!!!
why does it matter obama is a better president

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