The cost to fill up one's gasoline tank could prove to be the issue that tanks (like that?) the re-election of Barack Obama.
From the Silicon Valley Mercury News:
Gasoline prices are rising at an almost unheard-of pace, and painfully so in California, where the cost for a fill-up now exceeds $4 a gallon in five cities and is approaching that dreaded mark in numerous others, including San Jose and Oakland.
The statewide average of $3.96 on Friday is 25 cents higher than just a month ago and 46 cents more than this time last year. The price jumped a nickel from Thursday, a huge increase, as day-to-day changes are usually measured in fractions of a penny.
Some oil analysts predict $4.50 a gallon or more by Memorial Day on the West Coast and major cities across the United States such as Chicago, New York and Atlanta. Prices in that range could be a major issue in the presidential campaign, especially if they slow the nation's economic recovery.
For motorists, it's painful now.
They can't blame George W. Bush for this. This all falls on Barack Obama's lap as he is notorious or being anti-oil. Over the past three years Obama...
...opposed opening up ANWR.
...[Obama's] EPA blocked drilling elsewhere in and around Alaska.
...ordered the Gulf moratorium.
...denied the Keystone Pipeline.
...approved billions in loans to other countries (Columbia and others) for upgrades to their refineries while refineries in the US and Europe are being shuttered.
...causing Canada to try to send their oil to China (while getting the runaround from US officials).
All in the name of a "green economy." Remember this as you fill up your gas tank!
UPDATE (2/22/12): Gasoline prices have hit $6.00/gallon in Florida today.
Remember what Barack Obama said on June 11, 2008: "I’d like higher gas prices, just not so quickly."
Looks like he's getting what he wanted.
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