The easiest way to give consumers a break at the gas pump would be to end QE2 this month. The price of Oil, priced in Dollars, would drop like a rock as the US Dollar strengthens if QE2 is suddenly stopped, and Gasoline prices also trading opposite a weak dollar would start dropping immediately at the pump as the US Dollar strengthens.
Post Tagged with: "gas prices"
April 25, 2011 05:30
Team Obama thinks you are stupid
What is going on is that the government is trying to deflect blame to these nameless, faceless speculators for their own disastrous fiscal and monetary policies. In other words, they think you are stupid.
April 25, 2011 04:32
US waking up to Obama’s bad effect on the economy
Gas prices up over 100% since Obama took office. 70% of Americans say the country is on the wrong track and 57% disapprove of Obama’s handling of the economy.
April 22, 2011 08:04
24 Signs Of Economic Decline In America
We really are steamrolling toward a complete and total economic collapse and our leaders are doing nothing to stop it.
April 21, 2011 09:41
Sen. Inhofe on administration’s desire for high gas prices
Inhofe reminds us that Obama’s energy secretary has said we should “boost the price of a gallon of gas to be comparable to Europe.” “They are doing this to advance their agenda” – Inhofe
April 19, 2011 06:12
Price of Gasoline Up for 24 Straight Days; CPI Up 2.7%
The $4 a gallon price of gasoline will soon prevail all across the country, with many analysts believing it will hit $5 a gallon before the summer.
April 11, 2011 04:34
CBS hides Obama’s part in soaring gas prices
CBS leaves out Obama’s war on oil as a part of the cause of rising gas prices.
April 7, 2011 15:57
Gold, Silver And Oil Are All Skyrocketing And That Is Bad News For The U.S. Economy
The price of oil affects the price of almost everything else. Almost all forms of economic activity use energy. Almost all goods have to be transported a significant distance.
April 1, 2011 07:54
Nothing wrong with America’s energy policy that another good old-fashion election can’t solve
Obama is once again giving lip service to a “new energy proposal”; but let’s remember the last time he trotted out a “new energy proposal” – nearly a year ago to the day. The main difference is today we have $4 a gallon gas in some places in the country. This is no accident. ~Sarah Palin
April 1, 2011 05:06
Morons who hate oil
It is insane that Americans will be paying $4, $5 or more for a gallon of gasoline and it is insane to believe environmentalists when they tell you the Earth is running out of oil “by the end of this century.”
