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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAP: 'Gingrich woos with prospect of $2 gallon gas'
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2012/02/20/national/a132648S91.DTL&tsp=1Republican presidential candidate Newt Gingrich is dangling the prospect of gas as low as $2 a gallon if he's elected.
The former House speaker has spoken in the past of gas dropping to $2.50 a gallon under a Gingrich administration. Monday's prediction, coming as Gingrich campaigned in Oklahoma, contrasts sharply with rival Rick Santorum, who told an Ohio audience that big-city Americans should brace themselves for $5-a-gallon gas.
... Monday's prediction came as Gingrich campaigned in Oklahoma, where the oil and natural gas sector is vital to a bustling state economy.
"With Gingrich policies, what we know is we will dramatically expand our independence in the world market, dramatically expand our capacity to produce energy without regard to our foreign potential enemies and in the process prices will clearly be a lot lower," Gingrich said. "Now, I picked $2.50 as a stabilizing price for capital investment reasons. It could easily go down to $2."
yourout
(7,531 posts)MrScorpio
(73,631 posts)LisaL
(44,973 posts)Phlem
(6,323 posts)pink elephants with wings will come flying out my ass.
-p
Journeyman
(15,036 posts)As I remember, Sharon Smith won on the strength of her pledge to outlaw homework.
I suspect Newt Gingrich will have as much success with his fantasy enticement as Darryl and Sharon had with theirs.
Me? I've outgrown childish games. Gotta live in the real world, as distasteful as that proves at times.
Denninmi
(6,581 posts)"Crazy Michele Playbook"
southernyankeebelle
(11,304 posts)Initech
(100,081 posts)ShadowLiberal
(2,237 posts)Mexico's government caps gas at something like $2.70 a gallon, with government subsidies making up the difference if gas is higher then that.
Does it cost a lot of money doing that? You bet it does, especially with Americans crossing the border just to buy gas there. I've read of truck companies illegally doing that to save over $40,000 a month.
southernyankeebelle
(11,304 posts)JBoy
(8,021 posts)but wouldn't tell anyone unless he was elected President.
ThoughtCriminal
(14,047 posts)Gas went through the roof until the economy finally and completely crashed and burned at the end of 2008.
high density
(13,397 posts)It's no more ridiculous than this nonsense. And then the news media might actually start asking some of these candidates how they are going to achieve these crazy things.
Mz Pip
(27,451 posts)over the price of gas. He likes to talk like he's some kind of wizard who can control things no other mere mortal can.
NickB79
(19,253 posts)Gas prices plummeted the last time Bush destroyed the economy and sent us into a recession, so I'd imagine the same thing would happen in a President Gingrich recession.
yourout
(7,531 posts)spanone
(135,844 posts)SammyWinstonJack
(44,130 posts)Believe what you want, these morans do.
workinclasszero
(28,270 posts)their very own unicorn! And...it will also poop rainbows 24/7!
Hey Newt, if you can magically make gas 2 bucks a gallon why not 1 buck a gallon?
Hey Newt if you can do that why not roll back housing and food costs too buddy?
Boy Newt and Pope Ricky have been borrowing heavily from the Michelle Bachmann book of Crazy lately.
Renew Deal
(81,861 posts)to drive. Brilliant! Gas is cheap. Too bad there's no money to buy some.