View Single Post
Old 10-15-2014, 12:24 PM   #4427
scho63 scho63 is online now
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $2401110
A couple of facts about gasoline:

-The reason gas prices (oil) are currently declining rapidly are two fold; the US dollar is skyrocketing in value against most currencies and since oil is traded in dollars, greater the value of dollars the less the price of oil.

-Since Obama took office in 2008 the average price of gas is $1.74 HIGHER than when George Bush was in office, resulting in American consumers and businesses spending an astounding $1.3 TRILLION dollars more for gasoline. This has resulted in less purchasing power, increased costs for travel and transportation, higher food prices, higher utility bills and much less money for consumer spending with disposable income.

-Higher gas and oil prices have been a big shackle on the recovery along with a hidden tax burden on the lower and middle class!
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~


2018 2019 2020 20212022 2023 2024 Adopt a Chief - Clark Hunt and Brett Veach
"The men who drafted Patrick Mahomes"


Posts: 50,848
scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.