Question of the day: Was gas more expensive under President Obama or Bush?

Americans for Prosperity-Michigan State Director Scott Hagerstrom directs cars waiting in line for $1.84 gas Wednesday morning at the Byron Center Marathon at Byron Center Avenue and 84th Street.

[Jen]

I was recently purging some receipts from tax records, and came across multiple gas receipts from 2000-2005,then I had to continue through the rest of the Bush Administration.
Here's what I found:(I used Mobil mainly regular unleaded)
2000 $1.27 average
2001 $1.57 (prior to 9/11)$1.67
2002 $1.64
2003 $2.02
2004 $2.30
2008 @4.64

You tell me?

[Yep]

Yep, notice the spike in gas prices around 2007-8 (the years which you ommitted) when the Democrats took control of congress. Congress has more influence on gas prices due to legislation.

[Cat74]

Gas was $1.84 the day Obama was worn in, and unemployment was just under 7%, and America had a AAA credit rating. All that changed for the worse since 2008, and we don't want 4 more years of it.

[Cat74]

Look for more lying about Republicans now that Obama bombed in the debate. Most people recognize the Democrat strategy by now, but some of the new voters might be confused.

[Red_Fist]

Ya but Dem's say they help the poor, I guess they mean ones who don't drive.

Hell, pay my car insurance and I might fill up my tank Obama.

Second thought, don't pay me anything, I would rather pay 50 bucks a gallon to save the planet from global warming.

lol, stupid liberals that SAY they help the poor.

[Cat74]

They more likely enslave the poor, keep them from having any ambition. Give them just enough to buy booze, and cigarettes. Keep them in hideous neighborhoods where their children are threatened by gun shots every weekend in our major cities, expecially, Chicago.

[jtmoot]

President Bush’s Speech to the Nation on the Economic Crisis

I guess nobody remembers the following. WOW.

Published: September 24, 2008

Following is a transcript of President Bush's address to the nation Wednesday evening, as recorded by by CQ Transcriptions:



Related

President Issues Warning to Americans (September 25, 2008)

Good evening. This is an extraordinary period for America's economy.

Over the past few weeks, many Americans have felt anxiety about their finances and their future. I understand their worry and their frustration.

We've seen triple-digit swings in the stock market. Major financial institutions have teetered on the edge of collapse, and some have failed. As uncertainty has grown, many banks have restricted lending, credit markets have frozen, and families and businesses have found it harder to borrow money.

We're in the midst of a serious financial crisis, and the federal government is responding with decisive action.

We boosted confidence in money market mutual funds and acted to prevent major investors from intentionally driving down stocks for their own personal gain.

Most importantly, my administration is working with Congress to address the root cause behind much of the instability in our markets.

Financial assets related to home mortgages have lost value during the house decline, and the banks holding these assets have restricted credit. As a result, our entire economy is in danger.

So I propose that the federal government reduce the risk posed by these troubled assets and supply urgently needed money so banks and other financial institutions can avoid collapse and resume lending.

This rescue effort is not aimed at preserving any individual company or industry. It is aimed at preserving America's overall economy.

It will help American consumers and businesses get credit to meet their daily needs and create jobs. And it will help send a signal to markets around the world that America's financial system is back on track.

I know many Americans have questions tonight: How did we reach this point in our economy? How will the solution I propose work? And what does this mean for your financial future?

These are good questions, and they deserve clear answers.

First, how did our economy reach this point? Well, most economists agree that the problems we're witnessing today developed over a long period of time. For more than a decade, a massive amount of money flowed into the United States from investors abroad because our country is an attractive and secure place to do business.

This large influx of money to U.S. banks and financial institutions, along with low interest rates, made it easier for Americans to get credit. These developments allowed more families to borrow money for cars, and homes, and college tuition, some for the first time. They allowed more entrepreneurs to get loans to start new businesses and create jobs.

Unfortunately, there were also some serious negative consequences, particularly in the housing market. Easy credit, combined with the faulty assumption that home values would continue to rise, led to excesses and bad decisions.

Many mortgage lenders approved loans for borrowers without carefully examining their ability to pay.....

[Diggs]

Cat74 wrote:

Look for more lying about Republicans now that Obama bombed in the debate. Most people recognize the Democrat strategy by now, but some of the new voters might be confused.

Most of the new voters aren't drunk on "hope and change" like the last crop of Obama nuts, because they, like everyone else, have witnessed everything they buy rise in cost under Obama's term. They haven't seen a whole lot of difference between Obama and Bush. We're still at war, people are still out of work, the economy still sucks eggs ...

Even those doe-eyed college kids that Obama wooed with his styrofoam columns and rich but trendy celebrities are down on O, having graduated now and hopelessly looking for work that isn't there, thanks to Mr. Fundamental Change's inability to create the jobs Utopia he promised in '08.

About the only people still feelin' that thrill up their leg every time Obama speaks are the same liberal pot-headed hippie radicals that wanted to take American down in the 60's, the unions who clearly benefit the most from his corruption, and black people, who regardless of how many times these liberal hypocrites call me a racist, vote for the guy because he's black.

I'm not as convinced Obama will win as I was a few weeks ago, when I felt this was over before it began. Barry may still eek out a win, but even the media can't coverup the surge for Romney that is happening across the nation since the debates.

[Freedom]

Cat74 wrote:

Gas was $1.84 the day Obama was worn in, and unemployment was just under 7%, and America had a AAA credit rating. All that changed for the worse since 2008, and we don't want 4 more years of it.

YOu have got to be kidding me. When Bush was in office, China was building cities of empty buildings for companies to move to. That is how much work was leaving this country. I lost my job with Bush in office. Our company started doing business in China. Well then Obama became President. I got my job back and it is the Auto industry. I wouldn't be working if there would have been a Republican President. Right now we are working tons of over time and no 40 hour insight. Our CEO said that the economy is getting better a couple of months ago. Just this week, I heard that we are getting more and more work. It is just a matter of time before we start seeing real improvement in our economy as a whole, unless we have Romey as President. The more money we get, the more we buy and then someone has a job to make it and it goes on and on. We had 20 years of Republicans Presidents since Reagan. 8 years of Democrats, if the Republicans are so good why am I doing worse than before Reagan became President.
Obama/Biden 2012 to keep the middle class moving up.

[Cat74]

I talk to too many small business owners that tell me they need additonal people, but will not hire anyone until Obama is back in Chicago where he belongs. They cannot afford the unnecessary regulations, or the medical. Then one owner of a day care facility told me she hired a teacher, and an aide giving them $4 more an hour if they provided their own health insurance. She is hiring 3 more people after the first of the year, and tell them the same thing. We need to get back to where people get a living wage, and provide for themselves. They can offer medical savings accounts instead of huge,costly policies.

[Mr Wiggley]

Jen wrote:

I was recently purging some receipts from tax records, and came across multiple gas receipts from 2000-2005,then I had to continue through the rest of the Bush Administration.
Here's what I found:(I used Mobil mainly regular unleaded)
2000 $1.27 average
2001 $1.57 (prior to 9/11)$1.67
2002 $1.64
2003 $2.02
2004 $2.30
2008 @4.64
You tell me?

Here is an article from the NY Times that includes a graph of the steady rise of gasoline prices during the Bush era. You kinda forgot to mention it broke $4.00 a gallon before the election.
Given all that I doubt any sitting President has any control of gas prices anyway.
I've always thought it was kinda funny however that Bush had no idea the $4.00 threshold had been broken when he was asked at a Press conference. There's even a video of it on YouTube I believe.
http://www.nytimes.com/2012/04/01/business/ga...

[Cat74]

At one point during the Bush years gas prices approached $4.00 plus, and he opened the Reserves, and brought the price down. When the oil companies saw he meant business about controling the price of gas they backed away, and brought it down to $1.87 when President Obama was sworn in.

[redwhiteblue01]

Romney?America or China?Is the rich and forget the middle class and the poor?As a business man you invested in companies who sent our jobs over seas. companies like bain capitl and all the entities under lying the radar.(names which bain owns)blind trust if you believe he has no idea what is in it.Follow his record!!At this point theres no turning back After Nov 6 2012 The wealthy business man(Romney)will do what he has always done throw America under the bus for his greed of money!!So what ever and who ever you believe know this now quoting Ron Paul " you wiil hear the sucking of our jobs going out of this counrty" Romney will shut the door on the middle class and the poor!!!from the middle class workers of America

[Lucy in Rockford]

I filled up under 1.84 a gallon recently -- the price of gas JUST before Obama took office.

DUH

[Cat74]

I am sure life will be better under President Romney. We won't have to deal with Harry Reid, or Pelosi, and the new government will begin on day one addressing our problems.

[CitizenX]

Cat74 wrote:

Gas was $1.84 the day Obama was worn in, and unemployment was just under 7%, and America had a AAA credit rating. All that changed for the worse since 2008, and we don't want 4 more years of it.

Do yourself a favor and look at the average gas prices from 2008. It was 4.12 average a gallon in September and went down to that low in time for the election. If you look at the trend you will notice it always went down just before an election during the bush years.

http://gasbuddy.com/gb_retail_price_chart.asp...

But you won't look at that. You will pretend that under bush here in San Diego, I wasn't paying 4.63 during the bush years. No, you will just ignore that.

Grow up stupid ass. Gas prices are not under the control of the President. They are under control of the 1% though. That is where you should be directing your venom rather than lying about Obama.

Sheesh.

http://www.sltrib.com/sltrib/opinion/55019844...

In considering which candidate to endorse, The Salt Lake Tribune editorial board had hoped that Romney would exhibit the same talents for organization, pragmatic problem solving and inspired leadership that he displayed here more than a decade ago. Instead, we have watched him morph into a friend of the far right, then tack toward the center with breathtaking aplomb. Through a pair of presidential debates, Romney’s domestic agenda remains bereft of detail and worthy of mistrust.

Therefore, our endorsement must go to the incumbent, a competent leader who, against tough odds, has guided the country through catastrophe and set a course that, while rocky, is pointing toward a brighter day. The president has earned a second term. Romney, in whatever guise, does not deserve a first.

Looks like the very conservative Salt Lake Tribune can recognize the truth, even though you cant.

[cjrian]

CitizenX wrote:

Do yourself a favor and look at the average gas prices from 2008. It was 4.12 average a gallon in September and went down to that low in time for the election. If you look at the trend you will notice it always went down just before an election during the bush years.
http://gasbuddy.com/gb_retail_price_chart.asp...
But you won't look at that. You will pretend that under bush here in San Diego, I wasn't paying 4.63 during the bush years. No, you will just ignore that.
Grow up stupid ass. Gas prices are not under the control of the President. They are under control of the 1% though. That is where you should be directing your venom rather than lying about Obama.
Sheesh.
http://www.sltrib.com/sltrib/opinion/55019844...
In considering which candidate to endorse, The Salt Lake Tribune editorial board had hoped that Romney would exhibit the same talents for organization, pragmatic problem solving and inspired leadership that he displayed here more than a decade ago. Instead, we have watched him morph into a friend of the far right, then tack toward the center with breathtaking aplomb. Through a pair of presidential debates, Romney’s domestic agenda remains bereft of detail and worthy of mistrust.
Therefore, our endorsement must go to the incumbent, a competent leader who, against tough odds, has guided the country through catastrophe and set a course that, while rocky, is pointing toward a brighter day. The president has earned a second term. Romney, in whatever guise, does not deserve a first.
Looks like the very conservative Salt Lake Tribune can recognize the truth, even though you cant.

2008 was only ONE year out of GW's 8 years
Over GW entire time in office, gas averages about $2.40
It is of more than minor interest that 2008 was the year that the solidly Dem Congress' policies and inanities went into full effect
2008 was when we saw the economic collapse caused by Clinton's HOI and Fannie and Freddy's mismanagement.

One other thing, that $4.63 you paid for gas in 2008?
Was a short-term summertime spike in prices.
It was NOT continuous.

[Cat74]

The difference is when Gas prices went up, President Bush did somethng about it. Presidet Obama prays to Allah for a solution, and Allah isn't listening.

[conservative crapola]

Cat74 wrote:

The difference is when Gas prices went up, President Bush did somethng about it. Presidet Obama prays to Allah for a solution, and Allah isn't listening.

Care to elaborate or are you going to be satisfied with publicly shitting yourself again?

[Cat74]

Bush opened the reserves, and the oil companies backed off. Bush is a businessman. Obama is a player.