Whitey, on 09 April 2012 - 11:34 PM, said:
What do you mean by "get off"? I'm asking a question: How can a US President exert control over gas prices at the pump? Aside from overreaching (such as starting a war in the Middle East) I really don't know the answer.
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I don't recall what "we were all {supposedly} told" years ago and this in no way answers my question. I have never blamed (or credited) a US President for influencing retail gasoline prices. Indeed that is the essence of my query: HOW can the President reasonably influence the local retail prices of a global commodity?
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1) Stop blocking domestic production.
2) Stop blocking imports from a trusted ally.
3) Stop promising higher gas prices. Heck that is really the only promise Obama can claim he kept. And YES he DID make that promise. Don't make me go get that video willis! Screw it, here is the video: […]
I'm not asking what anyone promised; I just want to know how the POTUS can control retail gasoline prices. Blocking domestic production (even if it were true) is not enough, nor is "blocking imports from a trusted ally" (even if it were true). It's a global commodity; if we don't buy or sell it, others will surely do so.
If you don't know then, like me, just say so… I won't hold it against you. I think any US President gets blamed for lots of things that they cannot control. And in the microcosm of domestic retail gasoline market prices… (in the most conspicuously consumptive economy on the planet)… it's just plain silly to blame the guy in the White House for how much it costs to pump up a Hummer.





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