Crude Oil Drops Below $50 A Barrel, Lowest Since 2009

About two years ago Republicans “blamed” President Obama for high gas prices.

With the price of gas below $2 in some states, I’m wondering does he now get “credit” for the lower prices?

In truth, at the time I shared that Presidents have very little influence on gas prices. And that remains to be true.

The overwhelming issues that affect price is gas productivity around the world and, of course, demand.

The US is currently producing and exporting more oil than ever. And yet, critics still claim Obama is “bad for business.”

With gas prices this low, and the stock market doubled, isn’t it hard to say Obama is “bad for business?”

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