Oil Industry Subsidies

The Gasoline Mythology And Barack Obama’s Public Opinion Ratings

After having improved his public opinion ratings in recent months, with the improvement in unemployment numbers and other successes, suddenly Barack Obama has witnessed a dramatic drop in poll ratings, due primarily to the rise in gasoline prices.

Apparently, the people polled feel that Barack Obama is out to cost them more money in purchase of gasoline for their cars and trucks.

This is totally preposterous, as the facts are that NO PRESIDENT can control the price of gasoline, which is controlled by foreign conditions in the Middle East and elsewhere, and by manipulation of prices by the oil companies and their wealthy supporters, including the Koch Brothers.

The oil companies have heard that Obama wants to cut down oil subsidies on taxypayers’s backs, so this is the way they can undermine him, while making even more obscene profits than ever before.

And of course, the instability over Iran’s development of nuclear capability also contributes to uncertainty, when it comes to the future of oil prices, mostly based on hysteria and panic, rather than reason.

This is not the first time that a President has been undermined by oil prices that he could not control. Ask former President Jimmy Carter about how oil prices rising in 1979 and 1980 harmed his quest for re-election.

Nothing could please conservatives and Republicans more than to see Obama defeated, and then the oil lobby would be in full control of the White House and Capitol Hill, and we would be far worse off!

The gasoline prices will simply make Obama’s battle for re-election tougher, as he will have to try to reason with voters that he has no control over that issue, which again, I wish to reiterate, is the truth!