Gas price increases: Clinton vs Bush

[Jack from Charlotte]

Under Clinton, gas prices per gallon were $1.20 when he took office and about $1.25 when he left office, 8 years later. That's accumulative annual increase of UNDER one half of one percent per year for those 8 years.

Under Bush, gas has increased from $1.25 per gallon to currently over $3.00 per gallon with the trend continuing upward. Using the current price of $3.00 per gallon, means under Bush gas prices have been increasing at a cumulative annual rate of 20% per year for these 5 1/2 years with no end in sight.

If this rate continues, by the time Bush leaves office in Jan of '09, gas prices will exceed $4.50 per gallon.

[Loge23]

1. The bill came due

It's all of his good buddies getting fat.
Don't even think of the supply/demand BS argument with me.
This is price fixing, pure and simple.

[NewWaveChick1981]

2. I heard a prediction on the news last night

that prices would hit $3.50 for regular by mid-summer, given the current trend. Thanks, Asshat-in-Chief! :grr: I don't doubt that prices could be $4.50 a gallon by the time he leaves. That would put our gas prices higher than Canada.

Also, I saw a neocon political campaign commercial for a woman who's running for the NC State House whose sole platform is that Democrats are to blame for NC's gas tax increase and, by default, to blame for high gas prices. She looks like an idiot and even says something to the effect that ultra-conservatives need to make sure they vote for her. :eyes:

[MadHound]

3. I believe that the price of gas has less to do with who's in office

Than the simple fact that we're running out of cheap oil on a global basis. I think that we've hit the Peak Oil plateau two or three years ago, and now we're on the downhill slide. Witness OPEC is stating that they're pumping balls out, yet can't keep up with the demand. I tend to believe them this time. After all, the Saudis are having to pump twice as much seawater into Ghawar(the world's largest oilfield) than the volume of oil that they get out. Other oil fields across the ME are doing the same. In fact there hasn't been a discovery of a substantial new oil field anywhere for over forty years.

US domestic oil production is minimal, due to the simple fact that it is still, despite record high prices, more profitable to leave the wells capped than to open them up and spend lots of money pumping really heavy crude, which will cost more to refine.

I think that we have got to start right now and switch over to alternative, renewable forms of energy. Wind can power our entire electrical grid and then some. We have the acreage in which to produce enough oil rich plants to replace gas with biodiesel. And lord knows, we could start conserving our energy resources.

I don't think that this is a Democrat or Republican thing anymore. This crisis is a human thing, and if we don't start right now working on a solution, we're all going to be in for a world of pain.

[Bigmack]

13. I agree...

but, goddamit... Clinton gets blamed for everything. Time to start blaming * for anything that happens.....earthquakes, snakebites, hickies... on Dumbshit.

Thursday mornings I have breakfast with a bunch of old farts. I made sure to point out that gas has more than doubled since Dimson took over. That got more agreement than any argument about peak oil or alternate fuels.

You and I can talk about "The Long Emergency" or "Power Down", but Joe Lunchbucket apparently only pays attention to how bad his wallet gets hit.

[TomClash]

4. But you have forgotten the Repuke mantra

"It's all Clinton's fault."

Don't let facts get in the way ever again!

[Jack from Charlotte]

5. This is what Bush said in '00 when oil "soared" to $25/barrel....

Talking about how to handle OPEC during a GOP primary debate in 2000, Bush said: "What I think the president ought to do is he ought to get on the phone with the OPEC cartel and say we expect you to open your spigots. One reason why the price is so high is because the price of crude oil has been driven up. OPEC has gotten its supply act together, and it's driving the price, like it did in the past. And the president of the United States must jawbone OPEC members to lower the price."


So jawbone it back down from $72, you asshole.

[newportdadde]

6. I forsee thread in 08 staying "Damn remember when we had CHEAP 3.00 gas"

[All50inBlue]

7. sheesh...

the new porsche requires the good stuff... so I'm paying bigtime! These are tough times, unless you're an OIL CO EXEC.

[All50inBlue]

9. but I'm afraid to say...

even after 08, gas prices will NEVER be below $2 EVER AGAIN!!!!!!!!!

[DaveJ]

8. We're addicted to oil...

So naturally instead of implementing policies to solve the problem Bu$hco wants to rub it in our face in it to show us how they can take advantage of us and we are powerless to do much of anything about it like any run of the mill tyrant would do.

[SammyWinstonJack]

10. Bu$hco is addicted to oil profits. The BFEE is marinated in oil.

[Initech]

11. Thanks, George Bush and Lee Raymond!

While you assholes reap the profits from price-gouging, something that is normally frowned upon, the rest of us have to take second jobs just to be able to afford a tank of gas. FUCKERS!!!!

[frit006]

12. boycott Exxon

and Mobil