I remember back in 2000, seeing gas hit $1.50 and being incredulous.
In 2000, It briefly hit almost 2.00 where I live. The funny part was Democrats I knew were blaming Bush, even though he wasn't president yet. I think it was around the time he was gaining in the polls and the debates hadn't finished.
This was also the time Democrats on TV and on the ground were whining that Bush was, "Talking down the economy".