Obama gave a speech at a windmill event this past Wednesday and had a few things to say on the rising price of gas.
Obama stumbled though this non-teleprompted speech blaming Americans for the high cost of gas due to our “8 mile per gallon” cars.
Here is a screen shot of the AP article, the AP has since scrubbed the article of this damaging quote made by Obama.
“You might want to think about a trade-in”?
A vast majority of Americans don’t drive cars that get 8 miles to the gallon, this just shows how disconnected the president is from the American people.
Most cars average between 20-30 miles per gallon, however some of your bigger SUV’s may get around 12-18.
The last time auto manufacturers mass produced a car that got 8 miles per gallon was in the early 70’s and you don’t see to many of these on the road today.
Obama is completely removed from reality and the price of gas has gone up 67% during his first two years in office. He thinks by forcing higher energy cost people will switch to “green technology” the only problem is green technology isn’t feasible in a practical real world sense.
Windmills and electric cars can’t make a dent in the energy demands of the real world and Obama is a complete fool for even thinking that let alone trying to coerce America into it.
In 2008 the price of oil was $132.80 a barrel and the average price of a gallon of gas nation wide was $3.27.
Today the price of oil is at $110.33 a barrel at the time of this post and the national average for a gallon of gas is going for $3.68 a gallon
Oil is $22.47 per barrel cheaper today then it was in 2008 but gas cost $0.41 more per gallon!
We are paying more for gas per oil now then we did in 2008.
This is due to a combination of quantitative easing, the printing of more money which devalues the dollar and causes inflation, oil is traded in dollars is greatly effected by this.
Obama also greatly reduced the domestic production of oil and natural gas, upsetting the supply side of the equation.
These are Obama’s polices and prices are going to greatly increase across the board because of them. This effects everybody, inflation is the number one economic enemy of the American people and Obama is fostering policies that cause inflation.
In 2012 I think I’m going to make a trade-in.
UPDATE: The AP didn’t scrub (or they had re-posted) the “you might want to think about a trade-in” statement from their article has reported across the net.
I had originally search for this article on the day of this posting and could only find the screen cap posted above.