State Media Desperation: AP Says $3.60 per Gallon Gas a ‘Silver Lining as Economy Weakens’

Posted by on Jun 01, 2012 at 3:54 pm

This is interesting. In January 2009 when presumptive Democrat nominee Obama first occupied the White House, gas prices averaged $1.85 per gallon. Today in the face of the Obama economic meltdown, his media minions are feverishly grasping at straws to try to prop him up.

The AP delivers with this gem.

There’s some good news behind the discouraging headlines on the economy: Gas is getting cheaper. It’s dropped to $2.99 in some areas of South Carolina and could soon fall below $3 in a handful of Southern states.

A plunge in oil prices has knocked more than 30 cents off the price of a gallon of gas in most parts of the U.S. since early April. The national average is now $3.61. Experts say it could drop to at least $3.40 before Labor Day.

So gas that’s now twice as expensive as it was when this abomination became president is presented as good news. Heck, old Soviet-style Pravda hacks couldn’t have kept a straight face reporting this.

While lower gas prices will help consumers’ budgets, it’s questionable how much they’ll boost overall confidence.

“If you don’t have a job, it doesn’t matter if gasoline prices are $5 or $2 a gallon,” said Phil Flynn, an analyst for The Price Futures Group.

Next they’ll be telling us how much pollution Obama has spared us since nobody has a job to drive to.

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One Response to “State Media Desperation: AP Says $3.60 per Gallon Gas a ‘Silver Lining as Economy Weakens’”

  1. Blue Hen on 1/01/12 at 4:04 pm

    Okeyfine, gas prices are falling. So is traffic in many major areas. Both can change for good reasons, or bad. Which is the cause here? Is it becuase of easing tensions, increased supplies? Is it becauase high unemployment means fewer people are driving, and as much? Enquiring minds getting ready to vote in November want to know.