Monday, June 06, 2011

Confirmed. Obama’s Monetary Policy Causes Massive Pain At The Pump | The Gateway Pundit

Confirmed. Obama’s Monetary Policy Causes Massive Pain At The Pump | The Gateway Pundit:

"A new congressional Joint Economic Committee report confirms that the Obama administration’s monetary policies have added approximately 56.5 cents to the price of every gallon of gas you pump.
(4.bp)

At the end of 2008, prior to Obama’s coming into office, the price of a barrel of oil stood at $42.10, but that same barrel of oil has increased to $115.84 ̶ a 150 percent increase. The same gallon of gas that cost $1.61 when George W. Bush left office now costs an average of $3.93 cents ̶ up 146 percent.

The Daily Caller reported -"

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