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Lisa
Monday, February 27, 2012 at 11:23 AM
Lisa
Monday, February 27, 2012 at 11:23 AM
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My thought on gas prices is this: Obama is smart enough to know that driving up oil prices in an election year is going to hurt his chances. I think you may be on the right track that the increase at the pumps is happening in spite of Obama. I believe that it is partly due to the decrease in the value of the US Dollar along with the Israel/Iran issue. Also, from a conspiracy theorist standpoint, consider that the oil companies could be increasing the price to intentionally hurt Obama's chances for re-election; however, oil companies will tell you that, with paying exorbitant taxes, their profit last year was much less than the previous years. Personally, I believe that it's the decrease in the value of the dollar.