Look at this video (courtesy of the Obama Campaign, now Administration)....Note it is 2008, note the price in the background, note that oil at that time was $110 a barrel. Now it is $105 a barrel and gas averages $3.50 a gallon. Where is the administration?
http://www.youtube.com/watch?v=dnLP12X3EgM
Oil math: For every dollar that the price of a barrel of oil rises, that translates into 2.5 cents at the pump. Include the 50 or 60 cent mark up at the station and you have the price for a gallon of gas.
At $105 a barrel, today's closing price, you are faced with this equation: 105 x .025 =$2.62. Now add 60 cents and you arrive at $3.22. The average price in America for a gallon of gas in $3.43. No, they can't possibly be gouging anyone at the pump.....
...and there is a Santa Claus
Feel free to stand up for yourself at any time now America.....
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