Oh yeah, higher crude oil prices, cause higher home heating bills.
Remember when Mitt Romney promised to lower gas prices, by drilling and putting in the Keystone XL pipeline? And you low information voters, elected the doofus as well?
So now pay for your stupidity. Enjoy your expensive freebies…
Obummer’s gas prices are going up up and away. As Obummer has done nothing. No new drilling no new pipelines … but we get Obummer telling us he will act on the global warming myth. Rather Congress does or not. So gas prices will go higher.
That means that the average price for a gallon of regular unleaded gasoline has increased more than 13% over that period to $3.73.
It’s hitting wallets right in the middle of winter, when people are already looking at large home heating bills. And it comes just after many Americans have been hit with smaller paychecks, and are worried about looming budget cuts that could deliver an even deeper blow.
What’s behind the higher prices at the pump? It’s a confluence of factors, from rising crude oil prices, to production cuts and refinery closings.
“Right now, things are tight worldwide,” said Ray Carbone, president of New York commodities trading firm Paramount Options. “Refineries going down, unanticipated maintenance, and higher demand … going into driving season.”
Oh yeah budget cuts do not effect crude prices … Just AP drivel.
Cool how that works. Obummer does nothing his EPA adds new regulations, and you pay more at the pump. Got it yet.
The average price of a gallon of gas has increased 96 percent since President Barack Obama first took office in 2009, according to figures from the Energy Information Agency.