Oil Prices Soar to Highest Price Since 2008 on Obama’s Libya War … Up 100% Under Obama

Welcome to Obama’s QUAGMIRE …

It is amateur hour in the White House and “We the People” are feeling the brunt of the inexperience. Obama truly is the worst President ever. 

Thanks to Barack Obama’s “Kinetic Military Operation” WAR in Libya oil prices have climbed to their highest level since 2008. Obama claimed that the military operation in Libya would last days not weeks. The community organizer and “Ditherer” in Chief could never have been so wrong. Who but an inexperienced and completed over-matched individual could ever have thought that a any military action would have ended so quickly.

Instead of a quick outcome and slam dunk in Libya as stated by Obama, fighters loyal to Moammar Gadhafi pushed back rebels from key areas in eastern Libya and have dealt the rebels a severe setback. Today, a spokesman for the Libyan leader said that Gaddafi will stay in Libya “until the end”.  The result … oil prices rose to a 30 month high and the pain at the gas pumps will be felt by American workers trying to get to work. More ‘Hope & Change’ from Obama … rising gas prices.

Battles between Gadhafi’s troops and rebels have seesawed back and forth in Libyan ports and towns since mid-February, with the price of oil rising more than $20 a barrel since then. Energy consultants Cameron Hanover said traders are beginning to view the Libya uprising as a standoff for now. ‘Without control of the air, Gadhafi’s troops have been unable to hammer home their gains. And, without strong and well-trained ground forces, the rebels seem incapable of holding onto their gains. Optimism that Libyan oil might return to the market, seen earlier this week, was dashed.”

Libya’s oil exports, which went mainly to Europe, are shut down. The rebels have said they plan to start shipping oil again, although how soon that could happen is unclear.

As per ABC News, the weekly national average gas price showed the highest price ever during the month of March and the seventh consecutive increase this week,
Under President Barack Obama, oil prices have doubled and are up 100%. THANKS BARACK. Not only has this President been a complete incompetent failure in creating a $787  billion stimulus plan that created no jobs, added a ridiculous amount to the federal debt with Obamacare and has hampered job creation by an over-reaching and over-regulative government … the “Not Ready for Prime Time” President has not got the US into a hornet’s nest in Libya as oil prices skyrocket.

According to the GasBuddy gasoline price tracking web site, the price of a gallon of regular gas was around $1.79 when Mr. Obama took office. Today the national average is $3.58. The lowest average price in the continental United States is $3.31 in Tulsa Oklahoma, the highest is $4.14 in Santa Barbara, CA.

Who would ever have thought that during the 2008 Democrat primaries in the run up to the 2008 Presidential election that Joe Biden would have been the sage of sages and stated the following regarding the rank amateur Barack Obama. Watch VIDEO.

Biden said that Obama was not ready for the job and the Presidency is not one that lends itself to on the job training. Biden’s reply, “I stand by that statement”. Looks like Joe was 100% correct. However, as we are reminded by the Gateway Pundit Jim Hoft, Peggy was wrong. Obama was not going to pay for our gas, he doubled it instead. I wonder what peggy has to say for herself today? Sadly, the Kool-Aide drinking Obamaite would blame it still on George W. Bush.