I keep reading about fuel only costing $1.89 a gallon when Bush left office.

[lefthandedlefty]

I went through some of my old tax records on8/8/08 I paid $4.299 a gallon 6/4/08 I paid $4.599 a gallon on 5/15/08 I paid $4.399 a gallon.It might have been lower by the time Shrub left office,but the economy had totally tanked by then.

[LovePeacock]

1. Yeah. Some of us aren't so stupid that we can remember what we had for breakfast.

Too bad I can't say the same for a majority of Duhmericans.

[1StrongBlackMan]

2. But ... But ...

It must be true ... hannity and limbaugh said it!

[Bolo Boffin]

3. Yep, gas had hit some record highs, and demand went south

That and the housing collapse is what brought gas prices so low. The "gas prices so low when Obama took office" thing is nothing but a cynical ploy.

[gcomeau]

4. Indeed. Whenever you see someone say that, show them this:

Then point out that the reason prices TANKED at the beginning of Obama's term was the economy got destroyed at the end of Bush's. Then ask if they would have preferred Obama NOT fix the economy so it would be cheaper for everyone to gas up their car to drive to the job they didn't have.

[cthulu2016]

5. Houses were also pretty cheap when Bush left office. And stocks.

Gas prices were quite high in mid 2008, as your records accurately reflect.

[veganlush]

6. and it was the tanking

of the economy that brought it down. 700,000 less people per month driving to work each month curtailed demand. Now we have increased demand due to a better economy, increased demand my developing countries, sanctions against Iran which has reduced their exports by at least 40%, and now this hurricane.

[onehandle]

7. The oil industry lowered it substantially to help elect McCain. Didn't work. Was short lived.

Gas was $1.46 when Bill Clinton left office.

High gas prices were established with W.

[A HERETIC I AM]

13. Nonsense.

"The oil industry lowered it substantially to help elect McCain."

Bollocks.

[cthulu2016]

17. That is just silly

[Zambero]

8. One could also claim...

That gas was $1.89 when Obama took office, down from $4.25+ per gallon under Bush the previous year. Hey, a more than 200% price reduction! It's all a matter of which points on a graph get cherry-picked to support whatever argument. Republicans for one conveniently overlook Bush's own "high water" mark.

[Turbineguy]

9. It dropped to

$1.89 because he was leaving office. When he was nominated in 2000, oil was $10 per barrel. When he was sworn in it had risen to $30 per barrel. Over the next 9 months it dropped to $20 because he hadn't invaded anybody yet. The price of oil hit $150 per barrel in 2008 just before the collapse.

[Motown_Johnny]

10. Before the economic collapse it cost more than it does now

after the collapse it cost much less.

[eShirl]

11. gas has never gotten as high again as it did in 08

[TheCowsCameHome]

12. I long for the good old days, too.

Gas was 19 cents a gallon when I got my drivers license.

[B Calm]

14. The price of gas went up 275%

The price of gas under GW Bush was $4.40 pg in July 2008. When Bush took office in 2001 gas was $1.61pg,
a jump of 275 percent!

http://underthemountainbunker.com/2012/02/20/under-george-w-bush-gas-prices-increased-275-percent-

[Fresh_Start]

15. gas buddy

http://gasbuddy.com/gb_retail_price_chart.aspx

[progressivebydesign]

16. The National average for gas in August '08, was $4.11 (highest in history at that point.)

If anyone remembers my "Goodbye to You" video about Bush at that time, the gas signs in the vide were at $5.00.

So the BS about the gas prices was because of the oil speculators dropping prices around the election. Come to find out that the Koch Bros are MAJOR oil speculators, who made billions during Bush's era. So yeah. manipulation, for sure.

[RepublicansRZombies]

22. The Koch brothers are directly responsible, and here is the evidence

Buoyed by aggressive speculative trading on volatile energy markets, the Koch brothers accumulated $15 billion in wealth since March 2010, a 43 percent increase.

And they have the audacity to accuse Obama of causing high gas prices!


Koch Bros 'Gone to Great Lengths' to Keep Gas Prices High, Ryan/Romney and Corporate Media Benefit
http://www.democraticunderground.com/10021308480

[sinkingfeeling]

18. Absolutely. I recently found gas receipts from a road trip to Florida 12/08.

Wasn't anything close to $1.89 on any of them.

[ChisolmTrailDem]

19. Every single time I hear that "$1.89 a gallon" in a situation

where a pundit; journalist; reporter; or show host is available to apply some inkling of objectivity -- nothing! No correction. No elaboration. The charge is just allowed to hang out there unchallenged.

So frustrating.

[atufal]

20. Dammit, I've been saying the same thing and I live in Chicago! We

have some of the highest gas prices in the country.

[HopeHoops]

21. I wonder who's ass they sucked that number out of. It was in the $4 range when he was evicted.