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The Obamagood Thread

finally figured out how the obama is responsible for lower gasoline prices


since the economy has to rebound, ie the working class is still suffering, hell Mexican's are going back home, manufacturing has fled America for China, the demand for oil is low.

Granted, millions of Real American's are putting skin in the game and drilling for oil while that cuckold obama has done everything possible to hurt these hard working Real American families. What obama doesn't know, due to the obama never having a real job, is that people putting skin in the game deserve the profits and those that chose to be obama slaves should be deported or re-educated.

summary:
supply and demand rules the market
the us economy isn't strong
obama ended welfare to work via an execute order cuz obama is a pile of shit

and with so much supply of oil (right now) gasoline is inexpensive.

so yes, obama is responsible for the low costs of oil.

sorry to break the news to you ass monkeys ...
 
best thanksgiving gift evah!!! :D

IrezumiKiss said:
http://www.gannett-cdn.com/-mm-/2516554966cde7c9afefe65bfc2c180c19f08786/c=226-0-3773-2667&r=x404&c=534x401/local/-/media/2015/11/17/USATODAY/USATODAY/635833708653665886-BLM-HESS-EARNS-77071220.JPG

Gas prices to fall below $2 for Thanksgiving

Nathan Bomey, USA TODAY 11:43 a.m. EST November 23, 2015

Thanksgiving travelers will pay less for gasoline than they have in more than a decade.

The average price of unleaded gasoline is expected to hit $1.99 on Thanksgiving, GasBuddy.com analysts reported.

That's the lowest it's been for Turkey Day since 2004, said Tom Kloza, global head of energy analysis for Oil Price Information Service.

Right now the average is $2.072, Kloza said, but it's fall. At that level, nearly 60% of U.S. gas stations are already selling gas for less than $2.

“We had lower prices in 2008 and 2009 but not for Thanksgiving,” Kloza said. “The cheapest markets are in the Great Lakes states. Ohio, Michigan, Illinois — very, very cheap gas there.”

Gas prices are down from $2.81 a year ago, according to GasBuddy.

Bad news for energy producers is good news for consumers.

The global energy industry is facing a massive surplus in oil production, which has led many oil companies to shed thousands of jobs and slash investment plans.

But U.S. producers have continued pumping oil even as the Organization of the Petroleum Exporting Countries (OPEC) maintains production a high rate. That has depressed prices.

“This is a glut of crude,” Kloza said. “It’s a glut everywhere you look.”

The typical U.S. driver will save roughly $75 on the road in the 40-day peak shopping season leading up to Christmas, compared to recent averages, Kloza said.

“I don’t know what he or she is going to spend it on, but it’s a substantial amount of money,” he said.

It's especially good news for the millions of travelers who will hit the road this week. Some 67% of Thanksgiving travelers plan to drive more than 200 miles, GasBuddy reported.

For months, retail gasoline prices have remained higher than analysts would typically expect considering rock-bottom oil prices. With oil prices hovering in the $40 to $50 per barrel range for several months, gas has remained in the low $2 range for several months.

Analysts say the price of gas depends on many factors, including refinery costs, distribution and blends.

But the drop below $2 indicates that retail prices are finally catching up with crude prices.

http://www.usatoday.com/story/money/cars/2015/11/23/gasoline-prices-thanksgiving-gas-prices/76254792/

#ThisIsHowYouPOTUS
Click to expand...
 
still got the gobble gobble price!! :D

IrezumiKiss said:
http://www.gannett-cdn.com/-mm-/2516554966cde7c9afefe65bfc2c180c19f08786/c=226-0-3773-2667&r=x404&c=534x401/local/-/media/2015/11/17/USATODAY/USATODAY/635833708653665886-BLM-HESS-EARNS-77071220.JPG

Gas prices to fall below $2 for Thanksgiving

Nathan Bomey, USA TODAY 11:43 a.m. EST November 23, 2015

Thanksgiving travelers will pay less for gasoline than they have in more than a decade.

The average price of unleaded gasoline is expected to hit $1.99 on Thanksgiving, GasBuddy.com analysts reported.

That's the lowest it's been for Turkey Day since 2004, said Tom Kloza, global head of energy analysis for Oil Price Information Service.

Right now the average is $2.072, Kloza said, but it's fall. At that level, nearly 60% of U.S. gas stations are already selling gas for less than $2.

“We had lower prices in 2008 and 2009 but not for Thanksgiving,” Kloza said. “The cheapest markets are in the Great Lakes states. Ohio, Michigan, Illinois — very, very cheap gas there.”

Gas prices are down from $2.81 a year ago, according to GasBuddy.

Bad news for energy producers is good news for consumers.

The global energy industry is facing a massive surplus in oil production, which has led many oil companies to shed thousands of jobs and slash investment plans.

But U.S. producers have continued pumping oil even as the Organization of the Petroleum Exporting Countries (OPEC) maintains production a high rate. That has depressed prices.

“This is a glut of crude,” Kloza said. “It’s a glut everywhere you look.”

The typical U.S. driver will save roughly $75 on the road in the 40-day peak shopping season leading up to Christmas, compared to recent averages, Kloza said.

“I don’t know what he or she is going to spend it on, but it’s a substantial amount of money,” he said.

It's especially good news for the millions of travelers who will hit the road this week. Some 67% of Thanksgiving travelers plan to drive more than 200 miles, GasBuddy reported.

For months, retail gasoline prices have remained higher than analysts would typically expect considering rock-bottom oil prices. With oil prices hovering in the $40 to $50 per barrel range for several months, gas has remained in the low $2 range for several months.

Analysts say the price of gas depends on many factors, including refinery costs, distribution and blends.

But the drop below $2 indicates that retail prices are finally catching up with crude prices.

http://www.usatoday.com/story/money/cars/2015/11/23/gasoline-prices-thanksgiving-gas-prices/76254792/

#ThisIsHowYouPOTUS
Click to expand...
 
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