Obama: Gas Prices Low ‘Because the Economy Was on the Verge of Collapse’ By Daniel Halper FacebookTwitterWhatsAppLinkedinEmailPrint October 17, 2012 12:42 am FacebookTwitterWhatsAppLinkedinEmailPrint In response to a question concerning high gas prices, President Obama explained that gas prices were low when he took office in January 2009 “because the economy was on the verge of collapse”: Recommended Stories How WA's public pension system planning could cost taxpayers down the roadFederal judge rejects challenge to NY's retail lawColorado boosts EV rebates as federal incentives end TagsBarack ObamaBlogDebatesGas PricesMitt RomneyTWS Archive Related Content Editorials Trump’s triumphant Gaza peace deal Magazine - Your Land Do not ask AI for marriage advice Columnists Peace in Gaza would be Trump’s greatest achievement Entertainment Abandon all hope, Ye who enter here Education Magnolia State miracle: An educational breakthrough in Mississippi
