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.
The National Republican Congressional Committee called attention to Obama’s recent “dishonorable distinction,” blaming the Democrats’ rejection of the Keystone XL pipeline as a major factor for skyrocketing gas prices.
(Source: US News)
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4 Responses
But everyone please remember; ITS NOT HIS FAULT!! Its the fault of George W. Bush and the “do nothing” republican house.
I just love when you put these 2 together….. but both are the worst for differrent resones, carter for doing nothing & obamo for doing what he does!!!
Of course they went up more under Obama; every other president has tried to lower them, some more successfully than others, while Obama has deliberately tried to raise them, with success that we can all see. This is one campaign promise that he has kept! Don’t forget that he promised higher energy prices, he campaigned on that basis, so why is everyone surprised when he delivers on that promise?
“both saw gas prices double in their first term of office.” Please don’t curse us. First implies there’s a second. (Even though, Carter served only one term; maybe you use the term loosely.)
#1 What about the “do nothing” (b’kum va’aseh) Hussein administration? He rejected the Keystone pipeline.