Wednesday, October 17, 2012

By the Way

Romney and Obama got into a heated discussion over gas prices.  The president rightly noted that economic uncertainty at the beginning of his term helped lower gas prices, but Romney also rightly noted that the White House hasn't exactly been proactive in trying to deliver lower gas prices to Americans.

But still: a gallon of gas cost an average of $1.79 when the president took office.  As of September 2012, it averaged $3.86 a gallon.  According to BLS statistics, gas has never been that expensive in September.  Never.

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