4 things that were supposed to happen by 2017 because Obama was reelected
4 things that were supposed to happen by 2017 because Obama was reelected
Never forget.
It’s now 2017 and we are down to the last 20 days of Barack Obama’s presidency. In 2012, prognosticators were very confident about what would happen to America by now because of Obama’s reelection. Let’s check in and see how their predictions turned out:
1. Gas was supposed to cost $6.60 per gallon.
In March 2012, on the floor of the United States Senate, Mike Lee (R-UT) predicted that if Obama was reelected gas would cost $6.60 per by the end of Obama’s second term. Lee said that gas prices would rise 5 cents for every month Obama was in office.
Lee was not alone. Newt Gingrich, running for the GOP nomination, predicted that if Obama was reelected he would push gas to “$10 a gallon.” Gingrich said he would reduce gas prices dramatically by reversing Obama’s energy policies. Gingrich flanked himself with campaign signs promising $2.50 gas if he was elected.
Today, the nationwide average for a gallon of gas is $2.33.
Some of the reasons for the decline in gas prices were beyond Obama’s control — including weak international demand and OPEC’s failure to reduce supply. Also driving prices lower was increased gas production in the U.S. over the last 7 years. But the policies that Lee, Gingrich and others criticized — the rejection of Keystone XL pipeline, more EPA regulation and limiting drilling on public land — have not gotten in the way of historically low prices.
READ MORE: https://thinkprogress.org/4-things-that-we...
Never forget.
It’s now 2017 and we are down to the last 20 days of Barack Obama’s presidency. In 2012, prognosticators were very confident about what would happen to America by now because of Obama’s reelection. Let’s check in and see how their predictions turned out:
1. Gas was supposed to cost $6.60 per gallon.
In March 2012, on the floor of the United States Senate, Mike Lee (R-UT) predicted that if Obama was reelected gas would cost $6.60 per by the end of Obama’s second term. Lee said that gas prices would rise 5 cents for every month Obama was in office.
Lee was not alone. Newt Gingrich, running for the GOP nomination, predicted that if Obama was reelected he would push gas to “$10 a gallon.” Gingrich said he would reduce gas prices dramatically by reversing Obama’s energy policies. Gingrich flanked himself with campaign signs promising $2.50 gas if he was elected.
Today, the nationwide average for a gallon of gas is $2.33.
Some of the reasons for the decline in gas prices were beyond Obama’s control — including weak international demand and OPEC’s failure to reduce supply. Also driving prices lower was increased gas production in the U.S. over the last 7 years. But the policies that Lee, Gingrich and others criticized — the rejection of Keystone XL pipeline, more EPA regulation and limiting drilling on public land — have not gotten in the way of historically low prices.
READ MORE: https://thinkprogress.org/4-things-that-we...
The FEARS of The FOOLISH. which never happened.