{"id":10716,"date":"2015-08-27T02:50:30","date_gmt":"2015-08-27T02:50:30","guid":{"rendered":"https:\/\/highplainsblogger.com\/?p=10716"},"modified":"2015-08-27T02:50:30","modified_gmt":"2015-08-27T02:50:30","slug":"obama-got-the-blame-wheres-the-credit","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=10716","title":{"rendered":"Obama got the blame &#8230; where&#8217;s the credit?"},"content":{"rendered":"\n<div class=\"twitter-share\"><a href=\"https:\/\/twitter.com\/intent\/tweet?via=jkanelis\" class=\"twitter-share-button\">Tweet<\/a><\/div>\n<p><a href=\"https:\/\/highplainsblogger.com\/wp-content\/uploads\/2015\/08\/oil-prices.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10717\" src=\"https:\/\/highplainsblogger.com\/wp-content\/uploads\/2015\/08\/oil-prices.png\" alt=\"oil prices\" width=\"259\" height=\"194\" \/><\/a><\/p>\n<p>Let&#8217;s flash back to around 2010.<\/p>\n<p>Oil prices were spiking. They surpassed $100 per barrel of crude. The price of gasoline also skyrocketed. It passed $4 per gallon in some parts of the country; it got nearly that high in the Texas Panhandle.<\/p>\n<p>Who got the blame? President Barack H. Obama. His congressional critics, namely the Republicans, kept hammering the president over the price spikes. Why, they just couldn&#8217;t stomach the idea of watching these gas prices heading into the stratosphere and they had to blame someone. Obama was the target.<\/p>\n<p>Then something happened.<\/p>\n<p>Automakers began making more fuel-efficient cars after they were bailed out partly with federal government stimulus money. Research on alternative energy sources ramped up. Other oil-producing nations&#8217; economies began to falter, diminishing demand on fossil fuels around the world.<\/p>\n<p>The price of oil today is less than $40 per barrel, less than half of where it was five years ago. The price of gasoline? Today in Amarillo, regular unleaded is being pumped at $2.26 per gallon in most stations.<\/p>\n<p>Is the president getting the &#8220;blame,&#8221; let alone the <em>credit<\/em>, for any of this?<\/p>\n<p>Not on your life.<\/p>\n<p>How come?<\/p>\n<p>&nbsp;<\/p>\n\n<div class=\"twitter-share\"><a href=\"https:\/\/twitter.com\/intent\/tweet?via=jkanelis\" class=\"twitter-share-button\">Tweet<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s flash back to around 2010. Oil prices were spiking. They surpassed $100 per barrel of crude. The price of gasoline also skyrocketed. It passed $4 per gallon in some parts of the country; it got nearly that high in the Texas Panhandle. Who got the blame? President Barack H. Obama. His congressional critics, namely &hellip; <a href=\"https:\/\/highplainsblogger.com\/?p=10716\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Obama got the blame &#8230; where&#8217;s the credit?<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5391,540,1591,1829,3395],"class_list":["post-10716","post","type-post","status-publish","format-standard","hentry","category-business-news","tag-automakers","tag-barack-obama","tag-energy-policy","tag-fuel-efficiency","tag-oil-prices"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/10716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10716"}],"version-history":[{"count":1,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/10716\/revisions"}],"predecessor-version":[{"id":10718,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/10716\/revisions\/10718"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}