Natural gas prices are down because of market forces. An unusually mild winter in the Northeast was a contributing factor. I suppose you could say the President deserves some credit for the reduced demand, though. With so many people out of work and on public assistance, you'll have that.
Less people were out of work last winter than the winter before, so that part of your argument is nonsense. Your mild winter theory is probably more valid. Whatever the case, the point is that the government is allowing record production to occur. Your over-regulation conspiracy theory is pure fantasy. You place blame on Obama for prices going up AND for prices going down! It's just doom and gloom.
But results matter and there are a lot of people still hurting out there.
Results do matter-- so it matters that 1.5 million fewer people are on unemployment benefits than a year ago. Jobs are being created and people are going back to work.
The energy industry is just about the only thing that's bailing out the economy right now.
Again, Bossman, you are simply uninformed. Most areas of the economy are growning-- except government spending-- which is declining at the federal state and local level. (Pretty much the opposite of what right-wingers would have us believe!) Manufacturing, for example, is contributing strongly to the economy:
The gain in manufacturing output in the first quarter was broadly based: Even excluding motor vehicles and parts, which jumped at an annual rate of nearly 40 percent, manufacturing output moved up at an annual rate of 8.3 percent and output for all but a few major industries increased 5 percent or more.
http://www.federalreserve.gov/releases/g17/current/
Oh and by the way, when President Bush announced he was opening up drilling off the outer continental shelf, gasoline went from a high of $4.11 a gallon in June 2008 to around $1.60 a gallon by December of that same year.
Hmm, June 2008 to December 2008-- I think I remember a financial crash happening during that time! See, there was a case where lower prices really were caused by shrinking demand! Millions of jobs disappeared during that span, and the eoncomy was in the worst recession since WWII during those months. That's why prices fell... not some pronouncement by Bush that had little to no effect on actually increasing supply. Funny how you can't attribute falling gasoline prices in 2008 to the worst recession in our lifetimes, but you claim that prices are falling now because the economy is so weak, even though the economy is growing, not shrinking like it was in 2008.
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