Under Obama, Price of Gas Has Jumped 83 Percent, Ground Beef 24 Percent, Bacon 22 Percent

[PorkChopSandwiches]

http://i.imgur.com/B4gYQ.jpg

(CNSNews.com) – So far, during the presidency of Barack Obama, the price of a gallon of gasoline has jumped 83 percent, according to data from the Bureau of Labor Statistics.

During the same period, the price of ground beef has gone up 24 percent and price of bacon has gone up 22 percent.

When Obama entered the White House in January 2009, the city average price for one gallon of regular unleaded gasoline was $1.79, according to the BLS. (The figures are in nominal dollars: not adjusted for inflation.) Five months later in June, unleaded gasoline was $2.26 per gallon, an increase of 26 percent. By December 2011, the price of regular unleaded gas per gallon was $3.28, an 83 percent increase from January 2009.

The price of unleaded gasoline never reached the 10-year high of $4.09 back in July 2008 under George W. Bush’s administration, but it did get close.

By May 2011, gas prices hit a high under the Obama administration at $3.93, about four percentage points away from the July 2008 high.

The U.S. city average retail price for one pound of 100 percent ground beef was $2.36 in January 2009. As of December 2011, that price had risen to $2.92—a 23.7 percent increase and a new peak. (Ground beef prices have risen every month since November 2009 – 26 months of price increases.)

Whole wheat bread prices from January 2009 to December 2011 increased about five percent (5.02 percent) from $1.97 to $2.07. (The inflation rate in December 2011 was 3.0 percent.)

Among the first 36 months of Obama’s presidency, the last four (September, October, November, December) showed the average price of one pound of whole wheat bread hovering slightly above two dollars.

Other refrigerated items like ice cream and bacon have increased by substantial amounts.

Ice cream prices, for a half-gallon, were $4.44 in January 2009 and $5.25 in December 2011, an increase of 19.1 percent.

One pound of sliced bacon in January 2009 was $3.73 and in December 2011 had climbed $4.55, an increase of 22 percent. The price hit a high in September 2011 at $4.82 per pound.

Whole milk prices averaged above three dollars 33 out of the 36 months since Obama took office. In January 2009, the price for one gallon of whole milk was $3.58; but by December 2011, milk prices had slightly declined less than one percent (0.28 percent) to $3.57 per gallon.

The average retail price of Grade A eggs per dozen from January 2009 to December 2011 increased by less than two percent (1.30 percent) from $1.85 to $1.87.

[Teh One Who Knocks]

Bacon?????? :shock:


:villagers:

[Goofy]

Quit moaning ffs, we pay 3 times that amount for fuel :hand:

[Goofy]

Bacon?????? :shock:


:villagers:

Bacon should be free for all :thumbsup:

[Teh One Who Knocks]

Quit moaning ffs, we pay 3 times that amount for fuel :hand:
And who's fault is that? :-s

[PorkChopSandwiches]

Quit moaning ffs, we pay 3 times that amount for fuel :hand:

We probably use a little bit more then you do, and we refine a lot a bit more I would guess. :wank:

[Goofy]

And who's fault is that? :-s

'The Man'

[Muddy]

And who's fault is that? :-s

Obamas! :lol:

[Goofy]

We probably use a little bit more then you do, and we refine a lot a bit more I would guess. :wank:

Your country is about 10 times bigger than mine, stands to reason :P The North Sea (Scottish waters) is full of oil........ and if we (Scotland) got independence and full control of OUR OWN waters and oil we'd be laughing :D

[Acid Trip]

We probably use a little bit more then you do, and we refine a lot a bit more I would guess. :wank:

Correct. We are the world's largest refiner of gasoline from crude. We also are the world's largest exporter of the finished gasoline product.

[Teh One Who Knocks]

Obamas! :lol:

You laugh, but early on after he was elected, Obama said in an interview that he would like to see gasoline in this country cost between $4 and $5 a gallon

[Richard Cranium]

Just like -0- said
"Under my plan energy prices will necessarily sky rocket"

[PorkChopSandwiches]

Your country is about 10 times bigger than mine, stands to reason :P The North Sea (Scottish waters) is full of oil........ and if we (Scotland) got independence and full control of OUR OWN waters and oil we'd be laughing :D

So you are getting a deal, you should be paying 10x as much as us :lol:

[Goofy]

So you are getting a deal, you should be paying 10x as much as us :lol:

We always get shafted, especially up here in Scotland - we're the governments test zone :tup:

[Hal-9000]

Quit moaning ffs, we pay 3 times that amount for fuel :hand:

We pay more than the Americans and we are one of their largest exporters of oil and gas ffs...

they shouldn't complain, try filling your tank at 1.08 per liter (approx 4 (3.8) liters per American gallon)

[Muddy]

You laugh, but early on after he was elected, Obama said in an interview that he would like to see gasoline in this country cost between $4 and $5 a gallon

I wouldn't mind seeing that in a video link... :lol:

[Teh One Who Knocks]

I wouldn't mind seeing that in a video link... :lol:

Sorry, it was just before he was elected


http://chicago.cbslocal.com/2011/04/11/gas-prices-climbing-toward-5-per-gallon/

From the above article:


The sharply rising prices hearken back memories of the summer of 2008.

That year, oil prices were driven well above $100 per barrel, and in June of that year and gas prices were well over $4 a gallon. The highest average record price was $4.34 per gallon, set July 2008.

Obama discussing it in an interview:


http://www.youtube.com/watch?v=5M1WlV7vafk&feature=related

[MrsM]

We pay more than the Americans and we are one of their largest exporters of oil and gas ffs...

they shouldn't complain, try filling your tank at 1.08 per liter (approx 4 (3.8) liters per American gallon)

1.08 - it's 1.21/ltr in Ontario

[PorkChopSandwiches]

We pay more than the Americans and we are one of their largest exporters of oil and gas ffs...

they shouldn't complain, try filling your tank at 1.08 per liter (approx 4 (3.8) liters per American gallon)

4x1.08 = 4.32 I paid 4.29 yesterday

[Teh One Who Knocks]

We pay more than the Americans and we are one of their largest exporters of oil and gas ffs...

they shouldn't complain, try filling your tank at 1.08 per liter (approx 4 (3.8) liters per American gallon)

Then you guys shouldn't let your politicians tax your fuel so much :nono:

What's the Federal and Provincial gas tax where you are?

[Teh One Who Knocks]

4x1.08 = 4.32 I paid 4.29 yesterday

I paid $2.86 when I filled up last Friday :cheers:

[Muddy]

4x1.08 = 4.32 I paid 4.29 yesterday

I paid like $3.30 or so..

[MrsM]

Then you guys shouldn't let your politicians tax your fuel so much :nono:

What's the Federal and Provincial gas tax where you are?

Ontario
24.7c/L (10 Fed - 14.7 Prov) + 13% HST

[Hal-9000]

1.08 - it's 1.21/ltr in Ontario

yes but how much do you explore, refine and export? :mrgreen:

it tends to be a prominent business over here in Little Texas

[Hal-9000]

4x1.08 = 4.32 I paid 4.29 yesterday

You should be paying 6 dollars/gallon :hand:

[Hal-9000]

Then you guys shouldn't let your politicians tax your fuel so much :nono:

What's the Federal and Provincial gas tax where you are?

They don't tell us.At some stations they'll show a pie graph on the pump illustrating about 1/4 of the cost for refining/production and the largest wedge is for tax :lol:

like that makes it any better...

[Acid Trip]

I paid $3.07 this morning in downtown Dallas.

[FBD]

Obamas! :lol:
Of course not over there - but over here, you can absolutely blame the doubling of gas prices on his idiotic and shortsighted attacks on any sort of energy development.

[Teh One Who Knocks]

They don't tell us.At some stations they'll show a pie graph on the pump illustrating about 1/4 of the cost for refining/production and the largest wedge is for tax :lol:

like that makes it any better...

Really? The fuel taxes are posted at all the gas pumps here. I might be wrong, but I believe it's the law.

Here it's 22 cent Colorado tax and 18.4 cent Federal tax per gallon

[Hal-9000]

Really? The fuel taxes are posted at all the gas pumps here. I might be wrong, but I believe it's the law.

Here it's 22 cent Colorado tax and 18.4 cent Federal tax per gallon

I could be missing it but can't recall any itemized prices on the pump other than the little window that says $ and the one that says liters going in...

[PorkChopSandwiches]

We have a sticker on all of our gas pumps that display the taxes like Lance mentioned. It doesnt add up though :hmm:

[Teh One Who Knocks]

We have a sticker on all of our gas pumps that display the taxes like Lance mentioned. It doesnt add up though :hmm:

What doesn't add up? :-k


BTW, California has the 3rd highest gasoline tax in the country :lol:

http://www.commonsensejunction.com/notes/gas-tax-rate.html

[Hal-9000]

When I'm in the Rolls....usually the driver does all that yucky work [-(

[PorkChopSandwiches]

What doesn't add up? :-k


BTW, California has the 3rd highest gasoline tax in the country :lol:

http://www.commonsensejunction.com/notes/gas-tax-rate.html

The taxes dont seem to change, yet we continue to get raped at the pump

[Hal-9000]

that's because the oil and gas industry is 10 times more flaky than the diamond industry...



some guy farts loudly over in Saudi Arabia near a refinery and world prices go up 10 cents a barrel just in case....:x

[perrhaps]

that's because the oil and gas industry is 10 times more flaky than the diamond industry...



some guy farts loudly over in Saudi Arabia near a refinery and world prices go up 10 cents a barrel just in case....:x

And if some quasi-president in America grows a backbone and okays the oil pipeline from Canada, his beloved Muslim friends collectively suffer panic attacks, and world prices drop around $25.00 a barrel.

[FBD]

What doesn't add up? :-k


BTW, California has the 3rd highest gasoline tax in the country :lol:

http://www.commonsensejunction.com/notes/gas-tax-rate.html


yeah, I'll tell you what also doesnt add up...
State

¢ PG State ¢ PG Fed. Combined State & Fed.
Connecticut 49.6 18.4 68.0
New York 49.5 18.4 67.9
California 49.1 18.4 67.5
Hawaii 47.4 18.4 65.8

[FBD]

shiiiat