How much was the price of a gallon of gas before Obama took office?

 

 

By: Joshua Gayman

seriously ya’ll this has nothing to do with politics, only finance…

in response to all of the comments posted about how a gallon of gas was $1.81 or whatever when Obama took office: How about a gallon of gas hit $4.00 in 2007 when Bush(a Republican) was in office.

Economics lesson: when currency falls, commodities rise.

Hence, with the distaster in the EU from their fiat currency that has issued more debt than there is sufficient capital to pay back, the currency is losing value which pushes up things like gold, real estate, stocks, and OIL, amongst other things like sugar, corn, etc..

Thus, if you want to blame any one party or person for the price of oil rising, blame the central bankers ie: the Fed and the ECB(european central bank). They run BOTH parties anyways!!!

Until we think rationally TOGETHER(ie: both parties thinking of ways to work together to achieve a common goal of a higher quality of life for our nation and future generations), we are going to continue to get run over by the ultra rich and social elite.

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