Obama, gas prices billboard draws attention

Billboard displays President Barak Obama bowing to Middle Eastern oil supplier

FORT LAUDERDALE, Fla. - A billboard depicting President Barak Obama bowing down to a Middle Eastern oil supplier is drawing attention across South Florida.

The big yellow billboards along most major highways in South Florida compare gas prices on the day President Obama was sworn in, $1.89 per gallon, to the price of regular unleaded today, $3.89 per gallon. A picture in the middle shows the President's infamous bow to the Saudi King in 2009 and implies that Mr. Obama is responsible for the price of gas nearly doubling during his first term.

"I think they're just trying to gouge everybody," said one driver.

Although it's true gas was two dollar cheaper in January 2009, six months before President Obama took office, gas spiked to a then record $4.11 in July 2008 under President George W. Bush.

According to economists, gas prices are dictated by the supply and demand of oil and the OPEC nations that produce it.

The billboard campaign is funded by the American Principles SuperPAC, a group in South Florida that promotes free enterprise and small government. American Principles SuperPac spokesman Marc Goldman said President Obama's energy policies, like killing the Keystone pipeline and reducing the number of drilling permits, have made American more dependent on foreign oil.

"Those things would have led to great supply which would have reduced OPEC's ability to do what they've been able to do," said Goldman.

But experts said even if President Obama had approved the pipeline and increased the number of drilling permits, it would still be years before either would have any impact on gas prices.

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