[SkyDancer]

One time during the 2nd. Bush admin. the avg. gas price in Washington state was $1.57 and we have one of the highest gas taxes in the country.

[tobyhill]

When Bush left office gas was at $1.69. The only times we spiked under Bush was because of crisis somewhere and they dropped when Bush announced opening the reserves, which I disagreed with, but it did lower the prices.

Speculators are exactly what their title is and they base their objectiveness on perceived supply and demand.

Speculators don't believe Obama will increase supply so they base their objectiveness on that.