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Obama Oil Policies Give You Gas – Not Kind You Need

April 10, 2012

Prices Soar More Than Carter

Marking the similarities between President Barack Obama’s time in  office and former president Jimmy Carter’s is nothing new. But as of  Monday, Obama has hit one more Carter benchmark – both saw gas prices  double in their first term of office.

In fact, while just barely, Obama has seen an even higher gas price increase than Carter dealt with under his administration.

Under  the Carter administration, gas prices increased by 103.77 percent. Gas  prices since Obama took office have risen by 103.79 percent. No other  presidents in recent years have struggled as much with soaring oil prices. Under the Reagan administration, gas prices actually dropped 66  percent. When Bill Clinton was president, gas prices grew by roughly 30 percent,  and under both Bush presidencies, gas prices rose by 20 percent.

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From → RANDOM

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