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TexasPaganDem

(42 posts)

12. If memory serves...

Reply to hfojvt (Original post)

Sun Feb 12, 2012, 06:24 PM

Feb 2012

the dramatic price drop for gasoline was seen at the time as a "bribe" by the gas companies to get a Republican back in office. It bottomed in 2004, 2006 and 2008 so the Republicans could say to their short memory constituents (or potential voters) that things are getting better. As soon as the elections were over the gas prices went right back up, to punish the voters or at least for them to thumb their noses at us. (In Texas, the gas price dropped from an all time high of $4.40 to $1.60ish in a matter of two months. And went right back up afterwards)

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About those low gas prices when Obama took office [View all] hfojvt Feb 2012 OP

Yeah that $1.80 price Politicalboi Feb 2012 #1

truthfully, it was so brief that I did not even remember it hfojvt Feb 2012 #4

They dropped the price to NOT let Obama get elected underpants Feb 2012 #11

So, when Ike was in office, gas was .15/gallon. russspeakeasy Feb 2012 #2

1969 gas = .35 cents Angry Dragon Feb 2012 #3

Which is $2.15 in today's money hfojvt Feb 2012 #5

The absolute all time low, adjusted for inflation, was in 1998. Spider Jerusalem Feb 2012 #7

63 cents? hfojvt Feb 2012 #19

At the time, Georgia Spider Jerusalem Feb 2012 #22

The world economy was on the brink of collapse Gman Feb 2012 #6

I don't know about dishonesty hfojvt Feb 2012 #23

k&r... spanone Feb 2012 #8

$1.46 when Bill Clinton left office. nt onehandle Feb 2012 #9

If any of the current republicans win and as safeinOhio Feb 2012 #10

If memory serves... TexasPaganDem Feb 2012 #12

It was the same in 2000, except instead of the gas companies dropping prices, hughee99 Feb 2012 #14

at my age, I cannot rely on memory hfojvt Feb 2012 #18

I don't think it was punishment/nose thumbing jmowreader Feb 2012 #21

There was a real spike in gas prices during the last year of Shrubco Morning Dew Feb 2012 #13

As it turns out, they had nothing to fear from that election. n/t hughee99 Feb 2012 #15

It's because we were in the midst of a terrible recession taught_me_patience Feb 2012 #16

'wrecked the economy" is putting it mildly, imo. The international coalition_unwilling Feb 2012 #17

oddly enough it was the pessimism of DU hfojvt Feb 2012 #24

My wife and I were also keying off the pessimism on DU and other coalition_unwilling Feb 2012 #26

Looking for the oil speculators to jack B Calm Feb 2012 #20

Gasoline is US biggest export now! ErikJ Feb 2012 #25