.
Historic Feb. 1's
2/1/13, "On This Day In History, Gas Prices Have Never Been Higher," Zero Hedge
"Between Hess' plant closing and scheduled maintenance, the squeeze
appears to be on the refining space and wholesale gasoline prices are
smashing higher.... Gas prices (at the pump) are surging - to record highs for the first week of February as per AAA, hitting an all time high of $3.465 for this day and just surpassing last year's price of $3.455; and based on where wholesale prices are (given the lag), we could be seeing $4.00 gas at the pump in the next few weeks....
chart Bloomberg" (no link)
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2/1/13, "Historical Price Charts," Gas Buddy, 2009-2013
Gas was about $1.80 a gallon when Obama took office. On 2/1/13, it's $3.46.
Gas price was $1.79 when Obama was inaugurated, January 20, 2009. Rated true by Politifact. via Breitbart News
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Under Obama at least $210 billion/ year is now taken out of the US economy via gas prices:
5/27/11, "Gas tanks are draining family budgets," AP, J. Fahey
(parag. 13): "Every 50-cent jump in the cost of gasoline takes $70 billion out of the U.S. economy over the course of a year, Hamilton says. That's about one half of one percent of gross domestic product....
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