Monday, March 12, 2012

Gas Prices

On January 20, 2009 Pres. Obama was sworn in to the office of the President of the United States.

In January of 2009 the price of a gallon of gas was a $1.84 a gallon. Today March 11, 2012 the average price of a gallon of gas is $3.80 nationwide! The president of the United States Barack Obama says there is no quick solution to the problem there is no silver bullet Mr. Obama has said. According to Mr. Obama drilling is not a solution new pipelines are not a solution. What is the solution? The Obama administration seems to think the solution is by going green. Recently the president was at a solar panel company named Solyndra where he touted what a great company this was. On September 20, 2011 the Obama administration guaranteed a loan in the amount of $527 million dollars. A $25 million dollar tax break was also approved. Shortly after the approval of the loan and tax break the company went bankrupt and fired all the employees. The federal government through the Obama administration has invested millions of dollars in the new General Motors electric car called the Volt. The production of the volt has been suspended for two months due to poor sales. There are a couple of reasons for this number one the vehicle has a tendency to catch on fire number two the price of $40,000 seems to be out of reach for many Americans. How are the these green solutions working out for you now Mr. Obama? I don't think it is as of March 11, 2012 the approval rating of the president is at 59% disapproval of how he is handling the economy. We're now staring $4.00 a gallon of gas in the face this hope and change is not working out.

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